Empirical Literature on Economic Growth, 1991–2020: Uncovering Extant Gaps and Avenues for Future Research

• Type: Article in International Scientific Journal
• Date: 2023-01

Authors

Natália Doré (Author) FEP; Aurora Teixeira (Author) FEP

Journal

Title: Global Journal of Emerging Market Economies

Vol. 15 No. 1

Pages: 7 -37

ISSN: 0974-9101

Indexing

Scopus - 7 Citations

Other information

Authenticus ID: P-00V-WTJ

DOI: 10.1177/09749101211061626

Abstract (EN): The factors required to achieve sustainable economic growth in a country are debated for decades, and empirical research in this regard continues to grow. Given the relevance of the topic and the absence of a comprehensive, systematic literature review, we used bibliometric techniques to examine and document several aspects in the empirical literature related to growth, from 1991 to 2020. Five main results are worth highlighting: (a) the share of empirical articles on economic growth show a clear upward trend; (b) among all the groups of countries considered, the emerging economies (EEs) have received the most scientific attention; (c) the economic growth processes of the Latin American and Caribbean EEs have observed negligible scientific attention; (d) the very long-run studies comprise a residual share among the empirical literature on growth; (e) the extant empirical studies on economic growth have addressed mainly the impact of ¿macroeconomic conditions.¿ Our findings suggest there is a need to redirect the empirical growth agenda, so as to encourage more scientific attention devoted to the analysis of key determinants of economic growth in the very long run. There should also be increased scrutiny of the processes of economic growth in Latin American and Caribbean EEs. © 2021 Emerging Markets Forum, Washington DC.

Language: English

Type (Professor's evaluation): Scientific