The Optimal Level and Impact of Internal Factors on Growth

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journal

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Author(s)

  • Kui Wai LI

Related Research Unit(s)

Detail(s)

Original languageEnglish
Pages (from-to)181 - 193
Journal / PublicationModern Economy
Volume2
Issue number3
Publication statusPublished - 28 Jul 2011

Link(s)

Abstract

This paper empirically uses data from the world economy to show that performance of domestic factors are equally important to external factors when comes to growth. Various external and domestic factors are used to construct two separate indices and the principal component method is applied in the analysis. The empirical results show that given a different level of performance in the economy’s external factors, a higher performance in the internal factors will produce a higher growth rate. When the performance of an economy’s internal factors is extremely low, it would be appropriate for that economy first to improve its internal factors.

Research Area(s)

  • Growth, globalization, domestic factors

Citation Format(s)

The Optimal Level and Impact of Internal Factors on Growth. / LI, Kui Wai.

In: Modern Economy, Vol. 2, No. 3, 28.07.2011, p. 181 - 193.

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journal

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