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- W1502574229 abstract "This paper characterizes the patterns of development based on 93 countries over the last 25 years (1970-74). It starts with a brief review of the literature in this area and then provides operational definitions of development and economic structure. Economic structure is defined by 45 macroeconomic indicators, such as sectoral shares of GDP, trade intensity, or financial market development. After discussing some of the main methodological issues, the empirical analysis shows that systematic relationships exist between the level of Gross Domestic Product (GDP) per capita and 33 macroeconomic indicators. The paper concludes with some implications for the growth literature and some warnings on how not to interpret patterns of development." @default.
- W1502574229 created "2016-06-24" @default.
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- W1502574229 date "1998-02-28" @default.
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- W1502574229 title "Patterns of development 1970-1994" @default.
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