Do poor countries tend to grow faster than rich countries?

Citation
Vvb. Rao et Sm. Thangavelu, Do poor countries tend to grow faster than rich countries?, APPL ECON L, 7(10), 2000, pp. 629-632
Citations number
7
Categorie Soggetti
Economics
Journal title
APPLIED ECONOMICS LETTERS
ISSN journal
13504851 → ACNP
Volume
7
Issue
10
Year of publication
2000
Pages
629 - 632
Database
ISI
SICI code
1350-4851(200010)7:10<629:DPCTTG>2.0.ZU;2-X
Abstract
The observation by Barro that cross-country evidence is inconsistent with t he hypothesis that poor countries tend to grow faster than rich countries i s examined. The overall sample of countries employed in the Barro studies i s adjusted by excluding those with small sample sizes (less than 15 observa tions) and/or those with not statistically significant trend growth rates. It is found that, in general, poor countries tend to grow faster than rich countries. However, this observation holds especially strongly for 17 count ries with real per capita product above $1000.