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Source: What Makes Growth Sustained?
Series: IMF Working Papers
Author(s): Jonathan Ostry , Andrew Berg , and Jeronimo Zettelmeyer
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2008
Keywords: Growth, Accelerations, Structural Breaks, terms of trade, inflation, terms of trade shocks, external shocks, trade shocks,
We identify structural breaks in economic growth in 140 countries and use these to define "growth spells:" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sam...