Economic Growth And Transition Econometric Analysis Of Lims S Curve Hypothesis

Download or read book Economic Growth And Transition: Econometric Analysis Of Lim's S-curve Hypothesis written by Hui Ying Sng and published by World Scientific. This book was released on 2010-04-16 with total page 149 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first of its kind to systematically analyze and apply Lim Chong Yah's S-Curve Hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-Curve hypothesis to provide further insight into economic growth and transition.It also utilizes a construction of a stochastic growth model to provide the microeconomic foundation for the S-Curve hypothesis. This model resolves the puzzle of why some developing countries experience economic take-off, while others do not. The book analyzes and extends discussion on the S-Curve, and also applies the S-Curve hypothesis to predict long-term growth in Japan and Singapore. It serves as an excellent resource for people interested in Lim's growth theory.