The main determinants affecting economic growth
The objective of this research report is to study the determinants of economic growth for a panel of different countries（Arab World, Australia, Brazil, Canada, Chile, China, Colombia, Germany, United Kingdom, India, Japan, Ghana, Iran,Islamic Rep, Switzerland). We will explain and summarize the main findings in the empirical literature.
Lab: We will use yearly data for a group of countries to assess among others the impact of foreign direct investment(FDI), education(EDU), Government spending(GOV), export(EXP), inflation(INF), labor-force(LABOR) and unemployment(UNEMPLOY) on economic growth( GDP). Data range from 1995 to 2014( 20 years data).
Introductions: 1200 words
Literature reviews: 3300 words
The Problem: The proposal should contain a description of the study problem
which includes specification of the study question(s), in relation to previous
research and to the literature.
discuss the major theoretical premises and the salient concepts which underlie
the problem or question(s). The proposal should then outline a framework,
based on literature, for analyzing the problem and question(s).
formulated clearly and in such a way that all the study variables and their
anticipated relationships are specified. Procedures should be clearly outlined,
including details of about data (for empirical projects) and resources (for
literature review) that will be used.
for the study design should be described.
Table of Contents
2.1 The economic growth concept
2.1.1 Human capital theory
2.1.2 Neoclassical and Endogenous Growth Theories
2.1.3 Heckscher-Ohlin Theory
2.2 Determinants of economic growth
2.2.1 Foreign Direct Investment (FDI)
2.2.3 Government Spending
2.2.4 Labor Force
2.3 Non-economic determinants
2.4 Anticipated result
3.2 Data source
3.3 Cleaning data
3.4 Fixed and Random EffectsModel
5.2 Limitations of research