000 02408cam a2200277 i 4500
008 750829t1975 enka erbs 001 0 eng
020 _a0199200750 (case-bound)
_a0199200769 (pbk.)
040 _aDLC
_cDLC
050 0 0 _aHC59
_b.C515
082 0 0 _a330.9'045
_bCHE
100 1 _aChenery, Hollis Burnley.
245 1 0 _aPatterns of development, 1950-1970 /
260 _aLondon :
_bOxford University Press for the World Bank,
_cc1975.
300 _axvi, 234 p. :ill,
500 _aIncludes index.
504 _aIncludes bibliographical references: p. 215-222.
520 _aThis book develops the line of research initiated by Hollis Chenery in I960 with his celebrated American Economic Review article "Patterns of Industrial Growth", research which as the authors emphasise, represents an elaboration of the pioneering work of Colin Clark and particularly that of Simon Kuznets. Inter-country and inter-temporal comparisons of economic structure are expected to yield, if not laws of development, at least more-or-less regular or “normal" patterns regarding how economic structure changes as per capita income increases. The authors examine ten types of structural characteristics which provide the dependent variables of the statistical analysis: investment, government revenue, education, domestic demand, production, foreign trade, labour allocation, urbanisation, demographic transition, and income distribution. These basic development processes, mostly expressed as percentages of GDP, go beyond those earlier analysed by Chenery; the structure of production, however, is less disaggregated than in some of his earlier work. Ordinary least squares regressions specify all the structural characteristics as a function of per capita GNP, population, net resource inflow, and a time trend; the first two independent variables appear in logarithmic form, and also squared, to account for non-linearity. Uniform accounting systems of the United Nations plus World Bank resources provide a wealth of cross-section and time-series observations: only socialist countries and countries with I960 populations of less than one million are left out of the data base
590 _alje 24/01/2018
591 _aLoans
650 0 _aEconomic history.
650 0 _aEconomic development.
700 1 _aSyrquin, Moises.
700 1 _aElkington, Hazel.
942 _2ddc
_cBOOK
949 _a330.9'045 CHE
999 _c7193
_d7193