Since 2014
Is The Kaldor’s Growth Law Valid For High Income Economies: A Panel Study
Research Journal of Economics, Business and ICT
View Archive Info| Field | Value | |
| Title |
Is The Kaldor’s Growth Law Valid For High Income Economies: A Panel Study
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| Creator |
Ener, Meliha; Department of Economics, Biga Faculty of Economics and Administrative Sciences, Canakkale Onsekiz Mart University
Arica, Feyza; Department of Economics, Biga Faculty of Economics and Administrative Sciences, Canakkale Onsekiz Mart University |
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| Subject |
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Kaldor 's Law, Panel co-integration, Manufacturing Sector, Increasing returns to scale C23, O14, N60 |
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| Description |
In the 1960s Nicholas Kaldor stated three propositions emphasizing the causes of the economic growth. So, Kaldor’s laws of growth have been focus point for many researchers and the researchers have tried to prove empirically the laws. We have dealt with the first law of Kaldor. The first law asserts that the faster growth in manufacturing will trigger economic growth. The purpose of this article is to investigate whether Kaldor’s first law hold for 23 OECD countries that have high income economies during the period 1980-2008, using panel estimation techniques. The findings from empirical analysis indicate that Kaldor’s first law is compatible with the economic growth of selected countries during period 1980-2008.
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| Publisher |
English Time Schools & Overseas Education
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| Contributor |
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| Date |
2011-03-10
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://ojs.journals.cz/index.php/RJEBI/article/view/187
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| Source |
Research Journal of Economics, Business and ICT; Vol 1 (2011)
2047-7848 2045-3345 |
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| Language |
eng
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| Relation |
http://ojs.journals.cz/index.php/RJEBI/article/view/187/191
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| Rights |
Copyright (c) 2011 Meliha Ener, Feyza Arica
https://creativecommons.org/licenses/by/3.0/ |
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