Growth Accelerations Revisited

This paper comments on the Journal of Economic Growth article "Growth Accelerations" by Ricardo Hausmann, Lant Pritchett, and Dani Rodrik (2005), a seminal piece that seeks to identify significant determinants of growth accelerations. In this paper, the author respectfully refers to Hausmann, Pritchett, and Rodrik (2005) as HPR. The contributions of this comment are threefold: first, this comment stresses some methodological issues of turning-point studies by reviewing the empirical strategy of HPR. Second, it corrects the original dataset as well as extends it from 1992 up to 2000, substantially increasing the sample size. Finally, it re-estimates the results using the improved dataset.

Provided by: German Institute for Economic Research Topic: Big Data Date Added: Jan 2011 Format: PDF

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