The growth rate determinants of the upper and lower middle income countries in the context of the international crisis: A multivariate analysis

Authors

  • Ciro Calero Castillo Facultad de Ciencias Económicas de la Universidad Nacional Mayor de San Marcos, Lima, Perú.
  • Marco Girio Jesús Facultad de Ciencias Económicas de la Universidad Nacional Mayor de San Marcos, Lima, Perú.

DOI:

https://doi.org/10.15381/pc.v19i2.11105

Keywords:

Upper middle and lower middle income countries, international crisis, discriminant analysis

Abstract

In this paper we analyze the factors that characterize the growth rates that reached the upper middle and lower middle income countries in 2009 by the statical technique multivariant the discriminant analysis, for which it was decided a priori to establish two groups based on positive and negative growth rates to apply this technique. Resulting the discriminant function, which show us the relevant factors for discrimination, these are: public spending, the rule of law, the fertility rate and the index of democracy.

Author Biographies

  • Ciro Calero Castillo, Facultad de Ciencias Económicas de la Universidad Nacional Mayor de San Marcos, Lima, Perú.
    Docente de la Facultad de Ciencias Económicas de la Universidad Nacional Mayor de San Marcos.
  • Marco Girio Jesús, Facultad de Ciencias Económicas de la Universidad Nacional Mayor de San Marcos, Lima, Perú.
    Universidad Nacional Mayor de San Marcos - Banco Crédito del Perú.

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Published

2014-12-31

Issue

Section

Artículos

How to Cite

The growth rate determinants of the upper and lower middle income countries in the context of the international crisis: A multivariate analysis. (2014). Pensamiento Crítico, 19(2), 093-106. https://doi.org/10.15381/pc.v19i2.11105