Economic Systems Of Developing Nations
Document Type
Article
Publication Date
3-1-2006
Published In
Comparative Economic Studies
Abstract
This essay employs a database of covering 31 different types of economic institutions for 41 developing nations. Defining an economic system in terms of clusters of complementary institutions and performing a cluster analysis, I derive four different types of economic systems. Then I explore the impact of the economic system on the economic growth, inflation rate, and production volatility of the nations with each system. [PUBLICATION ABSTRACT]
Recommended Citation
Frederic L. Pryor.
(2006).
"Economic Systems Of Developing Nations".
Comparative Economic Studies.
Volume 48,
Issue 1.
77-99.
DOI: 10.1057/palgrave.ces.8100072
https://works.swarthmore.edu/fac-economics/108