The Catch-Up Effect and Regional Comparisons of Growth Indicators

We find that direct comparisons of economic growth by region are not constructive due to the catch-up effect, so certain preconditions must be taken into account. We propose adjusting levels of economic growth based on a hypothesis of proportional overlap for the catch-up effect, after which they can be used to compare economic growth across regions.

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Year of publication:	2014
Authors:	Papava, Vladimer
Published in:	Problems of Economic Transition. - M.E. Sharpe, Inc., ISSN 1061-1991. - Vol. 57.2014, 3, p. 3-12
Publisher:	M.E. Sharpe, Inc.
Subject:	economic growth \| catch-up effect \| regional comparison \| countries of the Eastern Partnership

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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