Park, Albert; Yang, Dean; Shi, Xinzheng; Jiang, Yuan - 2006
prerequisite for economic growth in
developing countries. For example, in a report on the East Asian miracle, the World Bank (1993 …
economic growth. Growth could cause exports, or both growth and exports could be caused by
some other third factor.
1 … likely to be correlated with other economic or policy changes.
The remainder of this paper is organized as follows …