Variations in Economic Growth Across Nations and Regions of the World | An Investigation and Analysis

Ram Hari Barik

ISBN 10: 3659694304 ISBN 13: 9783659694301

Published by LAP LAMBERT Academic Publishing, 2024

Language: English

Condition: New Soft cover

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Bibliographic Details

Title

Variations in Economic Growth Across Nations and Regions of the World | An Investigation and Analysis

Publisher

LAP LAMBERT Academic Publishing

Publication Date

2024

Language

English

ISBN 10

3659694304

ISBN 13

9783659694301

Binding

Taschenbuch

Condition

Neu

Dimensions

Weight

286 grams

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Synopsis

The present study aims to unravel the key factors contributing to unequal economic growth between developed and developing countries and regions worldwide. This analysis includes secondary data on high-technology exports, research and development expenditures, patent applications, the gender parity index in school education, GDP per capita, labor force participation, capital stock, inflation, and foreign direct investment for various countries and regions from 1996 to 2017. Data published by the World Bank and UNICEF was used for analysis and interpretation of the research results. Additionally, data from the IMF was incorporated to forecast the share of global GDP. The study's results were obtained using panel data analysis, total factor productivity growth (TFPG), measures of central tendency, the moving average method (MVA), economic convergence methods, hypothesis testing, and more.

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