Economic Growth of Rich and Poor Countries: A Social Accounting Matrix Approach

Author: S.I. Cohen
Publication Year : 1997

Many recent empirical studies on comparative growth focus on the supply side determinants of growth. This paper highlights the insights to be gained from employing a demand-determined growth model. A modelling framework along the Social Accounting Matrix, empirically analysed for a group of sixteen countries at different stages of economic development, gives support to the convergence thesis.