Economic growth and transition econometric analysis of Lim's S-curve hypothesis /

• Main Author: Sng, Hui Ying.
• Corporate Author: World Scientific (Firm)
• Format: Electronic
• Language: English
• Published: Singapore ; Hackensack, N.J. : World Scientific Pub. Co., c2010.
• Subjects: Economic development > Mathematical models.; Econometric models.; Singapore > Case studies. > Economic conditions; Japan > Case studies. > Economic conditions; Electronic books.
• Online Access: View fulltext via EzAccess
• Physical Description: xvii, 130 p. : ill. (some col.)
• Bibliography: Includes bibliograhical references (p. 123-127) and index.
• ISBN: 9789814291842 (electronic bk.)

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.