This paper aims to identify the factors affecting economic growth in developing countries. It uses cross-country data for 76 countries from 2010, 2005, 2000, and 1995. A high volume of exports, plentiful natural resources, longer life expectancy, and higher investment rates have positive impacts on the growth of per capita gross domestic product in developing countries. Much research needs to be done to distinguish the causes of growth in developing countries, as the scope of existing research is limited due to a lack of reliable data.
Major Themes in Economics
©2015 by Major Themes in Economics
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
"Factors Affecting Economic Growth in Developing Countries,"
Major Themes in Economics: Vol. 17
, Article 5.
Available at: https://scholarworks.uni.edu/mtie/vol17/iss1/5