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Economic Growth And Transition: Econometric Analysis Of Lim’s S-curve Hypothesis

SKU: 9789814291842

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Additional information

Full Title

Economic Growth And Transition: Econometric Analysis Of Lim\'s S-curve Hypothesis

Author(s)

Sng Hui Ying

Edition
ISBN

9789814291842, 9789814291835

Publisher

World Scientific

Format

PDF and EPUB

Description

This book is the first of its kind to systematically analyze and apply Lim Chong Yah’s S-Curve Hypothesis to the various facets of economic growth and economic transition. By augmenting the mathematical and economical sophistication of the hypothesis, this book extends the S-Curve hypothesis to provide further insight into economic growth and transition.It also utilizes a construction of a stochastic growth model to provide the microeconomic foundation for the S-Curve hypothesis. This model resolves the puzzle of why some developing countries experience economic take-off, while others do not. The book analyzes and extends discussion on the S-Curve, and also applies the S-Curve hypothesis to predict long-term growth in Japan and Singapore. It serves as an excellent resource for people interested in Lim’s growth theory.