西非经共体国家的经济增长与卡尔多第一定律的有效性

Y. Keho
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引用次数: 2

摘要

卡尔多第一增长定律假定一个经济体的增长率与其制造业的增长率呈正相关。本文通过控制异质性和横截面依赖性来检验这一规律对西非经共体的有效性。结果表明,西非经共体国家的增长轨迹符合卡尔多第一定律。
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Economic Growth of ECOWAS Countries and the Validity of Kaldor's First Law
Kaldor's first growth law posits that the growth rate of an economy is positively related to the growth rate of its manufacturing sector. This paper tests the validity of this law for ECOWAS by controlling for both heterogeneity and cross-sectional dependence. The results suggest that the growth trajectory of ECOWAS countries is consistent with Kaldor's first law.
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