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(PDF) Determinants of Economic Growth in Developing Countries | THEMBA CHIRWA - Academia.edu

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The purpose of research is to identify the determinants" /> <title>(PDF) Determinants of Economic Growth in Developing Countries | THEMBA CHIRWA - Academia.edu</title> <link rel="canonical" href="https://www.academia.edu/74939140/Determinants_of_Economic_Growth_in_Developing_Countries" /> <script async src="https://www.googletagmanager.com/gtag/js?id=G-5VKX33P2DS"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-5VKX33P2DS', { cookie_domain: 'academia.edu', send_page_view: false, }); gtag('event', 'page_view', { 'controller': "single_work", 'action': "show", 'controller_action': 'single_work#show', 'logged_in': 'false', 'edge': 'unknown', // Send nil if there is no A/B test bucket, in case some records get logged // with missing data - that way we can distinguish between the two cases. // ab_test_bucket should be of the form <ab_test_name>:<bucket> 'ab_test_bucket': null, }) </script> <script> var $controller_name = 'single_work'; var $action_name = "show"; var $rails_env = 'production'; var $app_rev = '9387f500ddcbb8d05c67bef28a2fe0334f1aafb8'; var $domain = 'academia.edu'; var $app_host = "academia.edu"; var $asset_host = "academia-assets.com"; var $start_time = new Date().getTime(); var $recaptcha_key = "6LdxlRMTAAAAADnu_zyLhLg0YF9uACwz78shpjJB"; var $recaptcha_invisible_key = "6Lf3KHUUAAAAACggoMpmGJdQDtiyrjVlvGJ6BbAj"; var $disableClientRecordHit = false; </script> <script> window.require = { config: function() { return function() {} } } </script> <script> window.Aedu = window.Aedu || {}; window.Aedu.hit_data = null; window.Aedu.serverRenderTime = new Date(1732983342000); window.Aedu.timeDifference = new Date().getTime() - 1732983342000; </script> <script type="application/ld+json">{"@context":"https://schema.org","@type":"ScholarlyArticle","abstract":"The research of the determinants of economic growth in developing countries is focused to assessing the prospects for the development of this group and its convergence with developed countries. The purpose of research is to identify the determinants of the economic growth of developing countries for the further development of conclusions on their development and convergence with developed countries. The object of research is the economic development of developing countries. The concept of development was investigated in the context of two general approaches, it were estimated its critical remarks and it were established historical links between industrialization and economic growth. It is defined the relationship between the growth rates of the developing countries, their deviations in per capita income and the share in world GDP. It is defined the place of developing countries in world industrial production and export and it is established the influence of industrialization on inte...","author":[{"@context":"https://schema.org","@type":"Person","name":"THEMBA CHIRWA"}],"contributor":[],"dateCreated":"2022-03-29","dateModified":"2022-03-30","datePublished":null,"headline":"Determinants of Economic Growth in Developing Countries","inLanguage":"en","keywords":["Economics","Economic Development","European Economy"],"locationCreated":null,"publication":"JOURNAL OF EUROPEAN ECONOMY","publisher":{"@context":"https://schema.org","@type":"Organization","name":"Ternopil National Economic University"},"image":null,"thumbnailUrl":null,"url":"https://www.academia.edu/74939140/Determinants_of_Economic_Growth_in_Developing_Countries","sourceOrganization":[{"@context":"https://schema.org","@type":"EducationalOrganization","name":"mirtdcmalawi"}]}</script><link rel="stylesheet" media="all" 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group and its convergence with developed countries. The purpose of research is to identify the determinants of the economic growth of developing countries for the further development of conclusions on their development and convergence with developed countries. The object of research is the economic development of developing countries. The concept of development was investigated in the context of two general approaches, it were estimated its critical remarks and it were established historical links between industrialization and economic growth. It is defined the relationship between the growth rates of the developing countries, their deviations in per capita income and the share in world GDP. It is defined the place of developing countries in world industrial production and export and it is established the influence of industrialization on inte...","publisher":"Ternopil National Economic University","publication_name":"JOURNAL OF EUROPEAN ECONOMY"},"document_type":"paper","pre_hit_view_count_baseline":null,"quality":"high","language":"en","title":"Determinants of Economic Growth in Developing Countries","broadcastable":true,"draft":null,"has_indexable_attachment":true,"indexable":true}}["work"]; window.loswp.workCoauthors = [169269785]; window.loswp.locale = "en"; window.loswp.countryCode = "SG"; window.loswp.cwvAbTestBucket = ""; window.loswp.designVariant = "ds_vanilla"; window.loswp.fullPageMobileSutdModalVariant = "full_page_mobile_sutd_modal"; window.loswp.useOptimizedScribd4genScript = false; window.loswp.appleClientId = 'edu.academia.applesignon';</script><script defer="" src="https://accounts.google.com/gsi/client"></script><div class="ds-loswp-container"><div class="ds-work-card--grid-container"><div class="ds-work-card--container js-loswp-work-card"><div class="ds-work-card--cover"><div class="ds-work-cover--wrapper"><div class="ds-work-cover--container"><button class="ds-work-cover--clickable js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;swp-splash-paper-cover&quot;,&quot;attachmentId&quot;:82910971,&quot;attachmentType&quot;:&quot;pdf&quot;}"><img alt="First page of “Determinants of Economic Growth in Developing Countries”" class="ds-work-cover--cover-thumbnail" src="https://0.academia-photos.com/attachment_thumbnails/82910971/mini_magick20220329-1464-1y46vuz.png?1648621441" /><img alt="PDF Icon" class="ds-work-cover--file-icon" src="//a.academia-assets.com/assets/single_work_splash/adobe.icon-574afd46eb6b03a77a153a647fb47e30546f9215c0ee6a25df597a779717f9ef.svg" /><div class="ds-work-cover--hover-container"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span><p>Download Free PDF</p></div><div class="ds-work-cover--ribbon-container">Download Free PDF</div><div class="ds-work-cover--ribbon-triangle"></div></button></div></div></div><div class="ds-work-card--work-information"><h1 class="ds-work-card--work-title">Determinants of Economic Growth in Developing Countries</h1><div class="ds-work-card--work-authors ds-work-card--detail"><a class="ds-work-card--author js-wsj-grid-card-author ds2-5-body-md ds2-5-body-link" data-author-id="169269785" href="https://mirtdcmalawi.academia.edu/THEMBACHIRWA"><img alt="Profile image of THEMBA CHIRWA" class="ds-work-card--author-avatar" src="https://0.academia-photos.com/169269785/75479785/63990981/s65_themba.chirwa.jpeg" />THEMBA CHIRWA</a></div><div class="ds-work-card--detail"><p class="ds-work-card--detail ds2-5-body-sm">JOURNAL OF EUROPEAN ECONOMY</p><div class="ds-work-card--work-metadata"><div class="ds-work-card--work-metadata__stat"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">visibility</span><p class="ds2-5-body-sm" id="work-metadata-view-count">…</p></div><div class="ds-work-card--work-metadata__stat"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">description</span><p class="ds2-5-body-sm">25 pages</p></div><div class="ds-work-card--work-metadata__stat"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">link</span><p class="ds2-5-body-sm">1 file</p></div></div><script>(async () => { const workId = 74939140; const worksViewsPath = "/v0/works/views?subdomain_param=api&amp;work_ids%5B%5D=74939140"; const getWorkViews = async (workId) => { const response = await fetch(worksViewsPath); if (!response.ok) { throw new Error('Failed to load work views'); } const data = await response.json(); return data.views[workId]; }; // Get the view count for the work - we send this immediately rather than waiting for // the DOM to load, so it can be available as soon as possible (but without holding up // the backend or other resource requests, because it's a bit expensive and not critical). const viewCount = await getWorkViews(workId); const updateViewCount = (viewCount) => { const viewCountNumber = Number(viewCount); if (!viewCountNumber) { throw new Error('Failed to parse view count'); } const commaizedViewCount = viewCountNumber.toLocaleString(); const viewCountBody = document.getElementById('work-metadata-view-count'); if (viewCountBody) { viewCountBody.textContent = `${commaizedViewCount} views`; } else { throw new Error('Failed to find work views element'); } }; // If the DOM is still loading, wait for it to be ready before updating the view count. if (document.readyState === "loading") { document.addEventListener('DOMContentLoaded', () => { updateViewCount(viewCount); }); // Otherwise, just update it immediately. } else { updateViewCount(viewCount); } })();</script></div><p class="ds-work-card--work-abstract ds-work-card--detail ds2-5-body-md">The research of the determinants of economic growth in developing countries is focused to assessing the prospects for the development of this group and its convergence with developed countries. The purpose of research is to identify the determinants of the economic growth of developing countries for the further development of conclusions on their development and convergence with developed countries. The object of research is the economic development of developing countries. The concept of development was investigated in the context of two general approaches, it were estimated its critical remarks and it were established historical links between industrialization and economic growth. It is defined the relationship between the growth rates of the developing countries, their deviations in per capita income and the share in world GDP. It is defined the place of developing countries in world industrial production and export and it is established the influence of industrialization on inte...</p><div class="ds-work-card--button-container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;continue-reading-button--work-card&quot;,&quot;attachmentId&quot;:82910971,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:&quot;https://www.academia.edu/74939140/Determinants_of_Economic_Growth_in_Developing_Countries&quot;}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;download-pdf-button--work-card&quot;,&quot;attachmentId&quot;:82910971,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:&quot;https://www.academia.edu/74939140/Determinants_of_Economic_Growth_in_Developing_Countries&quot;}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div></div><div data-auto_select="false" data-client_id="331998490334-rsn3chp12mbkiqhl6e7lu2q0mlbu0f1b" data-doc_id="82910971" data-landing_url="https://www.academia.edu/74939140/Determinants_of_Economic_Growth_in_Developing_Countries" data-login_uri="https://www.academia.edu/registrations/google_one_tap" data-moment_callback="onGoogleOneTapEvent" id="g_id_onload"></div><div class="ds-top-related-works--grid-container"><div class="ds-related-content--container ds-top-related-works--container"><h2 class="ds-related-content--heading">Related papers</h2><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="0" data-entity-id="28563159" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/28563159/Factors_Affecting_Economic_Growth_in_Developing_Countries">Factors Affecting Economic Growth in Developing Countries</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="53567924" href="https://independent.academia.edu/RevorAnson">Revor Anson</a></div><p class="ds-related-work--abstract ds2-5-body-sm">This paper aims to identify the factors affecting economic growth in developing countries. 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class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/13133121/COMPARISON_STUDY_ON_DETERMINANTS_OF_ECONOMIC_GROWTH"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="6" data-entity-id="82401595" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/82401595/New_Sight_to_Economic_Development_Progress_in_Developing_Countries">New Sight to Economic Development Progress in Developing Countries</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="6828821" href="https://putrabusinessschool.academia.edu/MaryamJafariGalooyek">Maryam Jafari Galooyek</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Journal of Social and Development Sciences, 2013</p><p class="ds-related-work--abstract ds2-5-body-sm">Economic development is a current phrase that seems so easy to define, but in truth is too equivocal word. Although this word was born after the Second World War, Smith’s invisible hand has already pointed the notion of economic development as growth in income per capita. Even today, economic development is synonym with the high level of income per capita and reduction of poverty to achieve the improved well-being and standard of living. It is the rational result of deep gap among poor and rich countries. Hence, development is not a word which we can put border for each especial dimensions. Development must include the other dimensions like social, economic, cultural and political development, all moving together. In this paper, we will show the usage of economic growth to explain a special filed of development is a mistake. A society will experience economic development when the whole of the dimensions of development is achieved along with economic growth. The final goal of this ...</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;New Sight to Economic Development Progress in Developing Countries&quot;,&quot;attachmentId&quot;:88123761,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/82401595/New_Sight_to_Economic_Development_Progress_in_Developing_Countries&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/82401595/New_Sight_to_Economic_Development_Progress_in_Developing_Countries"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="7" data-entity-id="87874140" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/87874140/Economic_Development_a_Theoretical_Approach">Economic Development, a Theoretical Approach</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="222778778" href="https://independent.academia.edu/DIANALOUBAKI">DIANA LOUBAKI</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2016</p><p class="ds-related-work--abstract ds2-5-body-sm">this article aim is to introduce to the economic development approach based on economic theory in order to rise the standard economic development pioneer analysis. Since both the growth and the development economics theories faced a methodological crisis between the 1970s and the 1990s which led growth theory regained interest with the model of Romer (1986), in contrast, development economics became empirical in developing countries study, thus too restrictive in the explanation of some phenomenon without data This article shows the way, long run growth through increasing returns can hold in developing countries for the least developed countries’ economic integration to be successful.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Economic Development, a Theoretical Approach&quot;,&quot;attachmentId&quot;:91975651,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/87874140/Economic_Development_a_Theoretical_Approach&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/87874140/Economic_Development_a_Theoretical_Approach"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="8" data-entity-id="32057409" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/32057409/Economic_Growth_of_Developing_Countries_in_the_Globalization_Context">Economic Growth of Developing Countries in the Globalization Context</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="28380518" href="https://fastikom-unsi.academia.edu/AhmadAnwar">Ahmad Anwar</a><span>, </span><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="53132865" href="https://independent.academia.edu/OeurnVithou">Oeurn Vithou</a><span>, </span><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="3904687" href="https://independent.academia.edu/NahumNyawara">Nahum Nyawara</a></div><p class="ds-related-work--metadata ds2-5-body-xs">Economic Integration and Development Partnerships: Southern Perspectives - Report, 2017</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Economic Growth of Developing Countries in the Globalization Context&quot;,&quot;attachmentId&quot;:52317705,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/32057409/Economic_Growth_of_Developing_Countries_in_the_Globalization_Context&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/32057409/Economic_Growth_of_Developing_Countries_in_the_Globalization_Context"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="36426981" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/36426981/The_impact_of_industrialisation_its_perspectives_and_challenges_to_Economic_Growth_A_comparison_of_Southern_African_Development_Community_and_the_South_East_Asian_countries_in_the_20th_century">The impact of industrialisation, its perspectives and challenges to Economic Growth: A comparison of Southern African Development Community and the South East Asian countries in the 20th century.</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="3312042" href="https://yeungnam.academia.edu/TatendaShumba">Tatenda Shumba</a></div><p class="ds-related-work--metadata ds2-5-body-xs">The impact of industrialisation, its perspectives and challenges to Economic Growth: A comparison of Southern African Development Community and the South East Asian countries in the 20th century., 2015</p><p class="ds-related-work--abstract ds2-5-body-sm">This study examines the role and impact of industrialisation on economic growth particularly on a selected number of countries in Southern Africa with more bias being drawn to Zimbabwe. In its essence Industrialisation, it is an important factorto boost economic growth and promoting macroeconomic stability in developing nations. A comparative analysis was thus employed to explore and analyse the policies used in South East Asian countries that brought the miracle of modern day newly industrialised countries. The comparative analysis focused on the past era, precondition of the massive industrial take off and the growth of the Asian economies with a more biased view of the South Korean growth model and the present state of Southern African countries which are in a dire situation to industrialise. The research was conducted using Auto Regressive multiple regression models using statistical panel data from 1980-2010. The estimated result shows a positive relationship between the dependent variable (Economic Growth) and the Independent variables (Industrialisation).</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;The impact of industrialisation, its perspectives and challenges to Economic Growth: A comparison of Southern African Development Community and the South East Asian countries in the 20th century.&quot;,&quot;attachmentId&quot;:56347831,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/36426981/The_impact_of_industrialisation_its_perspectives_and_challenges_to_Economic_Growth_A_comparison_of_Southern_African_Development_Community_and_the_South_East_Asian_countries_in_the_20th_century&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/36426981/The_impact_of_industrialisation_its_perspectives_and_challenges_to_Economic_Growth_A_comparison_of_Southern_African_Development_Community_and_the_South_East_Asian_countries_in_the_20th_century"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;continue-reading-button--sticky-ctas&quot;,&quot;attachmentId&quot;:82910971,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;download-pdf-button--sticky-ctas&quot;,&quot;attachmentId&quot;:82910971,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_82910971" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. 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