THE BIG PUSH AND ECONOMIC GROWTH: EMPIRICAL EVIDENCE / EL \" BIG PUSH \" Y EL CRECIMIENTO ECONÓMICO, EVIDENCIA EMPÍRICA

May 28, 2017 | Autor: C. Ciencias Econó... | Categoría: Economic Growth, Economic Development, Empirical evidence, The Big Push Theory
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Since the introduction in the 1940s of the "big push" as a concept and a conceptual frame, it has served to explain the divergent processes of economic growth and development of different countries. This article attempts to link the advance in the theory of the big push made by (Murphy, Shleifer and Vishny, 1988), with other studies that empirically confirm this development. The results show that the mathematical development made by (Murphy et al., 1988) can be supported empirically, which means that in fact the actual inter-sectoral dependence, under certain conditions, helps to build virtuous circles contributing to economic growth and development.
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