{"title":"西非经共体国家的经济增长与卡尔多第一定律的有效性","authors":"Y. Keho","doi":"10.4172/2375-4389.1000291","DOIUrl":null,"url":null,"abstract":"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.","PeriodicalId":73758,"journal":{"name":"Journal of global health economics and policy","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2018-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"2","resultStr":"{\"title\":\"Economic Growth of ECOWAS Countries and the Validity of Kaldor's First Law\",\"authors\":\"Y. Keho\",\"doi\":\"10.4172/2375-4389.1000291\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"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.\",\"PeriodicalId\":73758,\"journal\":{\"name\":\"Journal of global health economics and policy\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2018-05-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"2\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of global health economics and policy\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.4172/2375-4389.1000291\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of global health economics and policy","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4172/2375-4389.1000291","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
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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