低收入和中等收入经济体的吸收能力和经济增长
Absorptive capacities and economic growth in low and middle income economies
摘要:
我扩展的概念,吸收能力,用于分析企业,适用于国家一级的框架。首先,采用验证性因素分析的47个变量,我建立了13个复合因素的关键衡量六个国家层面的能力:技术能力,财政能力,人力资源能力,基础设施能力,公共政策能力和社会能力。我的数据涵盖了2005年至2019年期间有资格获得世界银行国际开发协会(IDA)支持的大多数低收入和中等收入经济体。其次,我分析了估计的能力因素和经济增长之间的关系,同时控制了一些来自国外的流入和其他可能影响关系的混杂因素。最后,我进行K-means聚类分析,然后与回归估计一起分析结果,以收集LMIC内的模式和分类。结果表明,加强基础设施(信通技术、能源、贸易和运输)、金融(设备和环境)和公共政策能力是实现经济增长的先决条件。同样,我发现提高具有专业技能的人力资本对经济增长有积极影响。最后,通过提供一个排名的能力是经验上更重要的经济增长,我提供建议,政府有限的预算,使明智的投资。同样,我的研究结果也为国际政策和货币机构提供了信息,帮助他们更好地将资金投向中低收入国家,以实现可持续发展目标,促进共同繁荣。
英文摘要:
I extend the concept of absorptive capacity, used in the analysis of firms, to a framework applicable to the national level. First, employing confirmatory factor analyses on 47 variables, I build 13 composite factors crucial to measuring six national level capacities: technological capacity, financial capacity, human capacity, infrastructural capacity, public policy capacity, and social capacity. My data cover most low- and middle-income- economies (LMICs), eligible for the World Bank's International Development Association (IDA) support between 2005 and 2019. Second, I analyze the relationship between the estimated capacity factors and economic growth while controlling for some of the incoming flows from abroad and other confounders that might influence the relationship. Lastly, I conduct K-means cluster analysis and then analyze the results alongside regression estimates to glean patterns and classifications within the LMICs. Results indicate that enhancing infrastructure (ICT, energy, trade, and transport), financial (apparatus and environment), and public policy capacities is a prerequisite for attaining economic growth. Similarly, I find improving human capital with specialized skills positively impacts economic growth. Finally, by providing a ranking of which capacity is empirically more important for economic growth, I offer suggestions to governments with limited budgets to make wise investments. Likewise, my findings inform international policy and monetary bodies on how they could better channel their funding in LMICs to achieve sustainable development goals and boost shared prosperity.
机构、总结、中文摘要均由AI分析而来,可能存在错误,请以论文正文为准。