Empirical Literature on Economic Growth, 1991–2020: Uncovering Extant Gaps and Avenues for Future Research

Q2 Economics, Econometrics and Finance Global Journal of Emerging Market Economies Pub Date : 2021-12-23 DOI:10.1177/09749101211061626
Natalia I. Doré, A. Teixeira
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引用次数: 3

Abstract

The factors required to achieve sustainable economic growth in a country are debated for decades, and empirical research in this regard continues to grow. Given the relevance of the topic and the absence of a comprehensive, systematic literature review, we used bibliometric techniques to examine and document several aspects in the empirical literature related to growth, from 1991 to 2020. Five main results are worth highlighting: (a) the share of empirical articles on economic growth show a clear upward trend; (b) among all the groups of countries considered, the emerging economies (EEs) have received the most scientific attention; (c) the economic growth processes of the Latin American and Caribbean EEs have observed negligible scientific attention; (d) the very long-run studies comprise a residual share among the empirical literature on growth; (e) the extant empirical studies on economic growth have addressed mainly the impact of “macroeconomic conditions.” Our findings suggest there is a need to redirect the empirical growth agenda, so as to encourage more scientific attention devoted to the analysis of key determinants of economic growth in the very long run. There should also be increased scrutiny of the processes of economic growth in Latin American and Caribbean EEs
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1991-2020年经济增长的实证文献:揭示存在的差距和未来研究的途径
一个国家实现可持续经济增长所需的因素已经争论了几十年,这方面的实证研究也在不断增加。鉴于该主题的相关性以及缺乏全面、系统的文献综述,我们使用文献计量学技术来检查和记录1991年至2020年期间与增长相关的实证文献中的几个方面。值得强调的五个主要结果:(a)关于经济增长的实证文章的份额显示出明显的上升趋势;(b)在所审议的所有国家集团中,新兴经济体在科学上受到的关注最多;(c)对拉丁美洲和加勒比经济发展进程的科学关注微不足道;(d)非常长期的研究在关于增长的实证文献中占剩余份额;(e)现有的经济增长实证研究主要涉及“宏观经济条件”的影响。我们的研究结果表明,有必要重新调整实证增长议程,以鼓励更多的科学关注,专注于分析长期经济增长的关键决定因素。还应加强审查拉丁美洲和加勒比经济发展国家的经济增长进程
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来源期刊
Global Journal of Emerging Market Economies
Global Journal of Emerging Market Economies Economics, Econometrics and Finance-Economics, Econometrics and Finance (miscellaneous)
CiteScore
2.70
自引率
0.00%
发文量
27
期刊介绍: Global Journal of Emerging Market Economies is a peer-reviewed journal. The aim of the journal is to provide an international platform for knowledge sharing, discussion and networking on the various aspects related to emerging market economies through publications of original research. It aims to make available basic reference material for policy-makers, business executives and researchers interested in issues of fundamental importance to the economic prospects and performance of emerging market economies. The topics for discussion are related to the following general categories: D. Microeconomics E. Macroeconomics and Monetary Economics F. International Economics G. Financial Economics H. Public Economics I. Health, Education, and Welfare J. Labor and Demographic Economics L. Industrial Organization O. Economic Development, Innovation, Technological Change, and Growth Q. Agricultural and Natural Resource Economics • Environmental and Ecological Economics R. Urban, Rural, Regional, Real Estate, and Transportation Economics Additionally, the journal would be most interested to publish topics related to Global Financial Crisis and the Impact on Emerging Market Economies Economic Development and Inclusive Growth Climate Change and Energy Infrastructure Development and Public Private Partnerships Capital Flows to and from Emerging Market Economies Regional Cooperation Trade and Investment and Development of National and Regional Financial Markets The Belt and Road Initiative.
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