Table 1 Cross-country comparison of average aggregate annual growth and Markov transition probabilities, percent
From: Convergence of economic growth and the Great Recession as seen from a Celestial Observatory
Country name | \(\boldsymbol{\hat{y}_{93\textbf{-}06}}\) | \(\boldsymbol{\hat{y}_{07\textbf{-}13}}\) | \(\boldsymbol{\sigma (y_{93\textbf{-}06})}\) | \(\boldsymbol{\sigma(y_{07\textbf{-}13})}\) | \(\boldsymbol{a^{++}_{93\textbf{-}06}}\) | \(\boldsymbol{a^{++}_{07\textbf{-}13}}\) | \(\boldsymbol{a^{--}_{93\textbf{-}06}}\) | \(\boldsymbol{a^{--}_{07\textbf{-}13}}\) | \(\boldsymbol{a^{00}_{93\textbf{-}06}}\) | \(\boldsymbol{a^{00}_{07\textbf{-}13}}\) |
|---|---|---|---|---|---|---|---|---|---|---|
Afghanistan | 6.07 | 6.31 | 20.1 | 12.4 | 10.4 | 11.1 | 7.6 | 6.9 | 82.0 | 82.0 |
Albania | 13.98 | 12.88 | 29.3 | 25.2 | 8.9 | 12.1 | 7.4 | 10.8 | 83.7 | 77.1 |
Algeria | 1.93 | 3.00 | 1.7 | 1.0 | 10.2 | 10.1 | 8.1 | 7.8 | 81.7 | 82.1 |
Armenia | 5.43 | 5.58 | 18.5 | 12.8 | 11.3 | 10.6 | 9.8 | 7.1 | 78.9 | 82.3 |
Austria | 2.60 | 3.37 | 4.8 | 3.3 | 11.9 | 9.8 | 10.3 | 8.8 | 77.8 | 81.4 |
Azerbaijan | 1.43 | 3.37 | 10.3 | 6.1 | 11.8 | 7.7 | 9.7 | 5.3 | 78.5 | 87.0 |
Bangladesh | 1.88 | 3.08 | 3.2 | 2.5 | 9.3 | 10.1 | 7.6 | 4.5 | 83.1 | 85.4 |
Belgium | 1.80 | 2.91 | 1.8 | 1.2 | 14.3 | 14.6 | 14.2 | 12.7 | 71.5 | 72.7 |
Brazil | 2.60 | 3.44 | 3.2 | 2.1 | 11.7 | 12.2 | 10.5 | 9.3 | 77.9 | 78.5 |
Bulgaria | 3.55 | 3.89 | 9.3 | 6.5 | 11.9 | 9.5 | 10.2 | 6.5 | 77.9 | 84.1 |
Cambodia | 6.87 | 11.97 | 13.3 | 31.2 | 9.7 | 9.5 | 5.9 | 2.4 | 84.4 | 88.1 |
China | 2.07 | 3.11 | 1.0 | 0.8 | 10.4 | 8.3 | 9.3 | 6.2 | 80.4 | 85.5 |
Colombia | 2.09 | 3.13 | 2.6 | 1.7 | 9.7 | 11.6 | 10.2 | 7.5 | 80.1 | 81.0 |
Costa Rica | 4.17 | 4.79 | 6.1 | 5.1 | 7.7 | 9.2 | 10.2 | 6.7 | 82.1 | 84.1 |
Croatia | 6.84 | 5.16 | 10.6 | 6.5 | 11.1 | 11.3 | 10.9 | 9.4 | 78.0 | 79.4 |
Cuba | 4.60 | 4.86 | 8.9 | 6.6 | 9.0 | 10.9 | 8.7 | 7.2 | 82.3 | 82.0 |
Czech Republic | 2.48 | 3.51 | 9.9 | 7.1 | 13.0 | 10.3 | 12.4 | 10.7 | 74.5 | 79.0 |
Ecuador | 2.38 | 3.60 | 2.6 | 2.3 | 10.6 | 9.2 | 9.4 | 8.0 | 80.1 | 82.8 |
Egypt | 2.09 | 3.17 | 0.9 | 1.0 | 9.3 | 11.9 | 10.7 | 8.2 | 79.9 | 79.9 |
Eritrea | 4.77 | 4.37 | 6.4 | 5.3 | 10.2 | 11.9 | 10.7 | 6.2 | 79.1 | 81.9 |
Estonia | 9.82 | 6.56 | 17.6 | 10.2 | 12.4 | 9.2 | 9.5 | 6.5 | 78.1 | 84.3 |
Ethiopia | 6.06 | 5.89 | 9.3 | 7.3 | 10.8 | 13.2 | 9.5 | 6.1 | 79.7 | 80.7 |
Finland | 4.35 | 4.50 | 10.3 | 6.4 | 12.1 | 10.9 | 10.5 | 10.5 | 77.4 | 78.6 |
France | 1.76 | 2.87 | 1.0 | 0.7 | 12.4 | 11.1 | 9.2 | 9.6 | 78.5 | 79.3 |
Georgia | 3.72 | 4.92 | 15.4 | 11.6 | 12.5 | 13.1 | 10.1 | 7.6 | 77.4 | 79.4 |
Germany | 1.62 | 2.92 | 1.6 | 1.6 | 11.5 | 11.1 | 11.1 | 10.3 | 77.4 | 78.6 |
Greece | 2.50 | 3.24 | 3.9 | 2.3 | 8.8 | 11.4 | 9.5 | 8.5 | 81.7 | 80.1 |
Guatemala | 2.86 | 3.71 | 2.5 | 2.2 | 8.6 | 8.6 | 9.3 | 5.2 | 82.2 | 86.2 |
Hong Kong | 1.20 | 2.51 | 3.2 | 3.2 | 12.8 | 13.6 | 13.7 | 13.6 | 73.5 | 72.8 |
Hungary | 5.24 | 4.24 | 12.6 | 7.3 | 12.3 | 9.2 | 11.9 | 6.4 | 75.8 | 84.3 |
India | 1.77 | 2.93 | 0.5 | 0.6 | 9.4 | 8.2 | 8.1 | 5.0 | 82.5 | 86.8 |
Indonesia | 3.98 | 4.70 | 8.1 | 6.1 | 8.5 | 9.3 | 8.1 | 6.2 | 83.4 | 84.5 |
Iran | 1.91 | 2.93 | 0.8 | 0.7 | 10.8 | 10.4 | 10.0 | 7.7 | 79.2 | 81.9 |
Iraq | 2.17 | 3.83 | 2.9 | 2.9 | 9.7 | 9.9 | 9.0 | 6.5 | 81.3 | 83.6 |
Ireland | 3.00 | 3.43 | 5.1 | 3.0 | 11.3 | 11.8 | 10.7 | 8.2 | 77.9 | 80.1 |
Israel | 1.84 | 2.97 | 1.0 | 0.8 | 13.6 | 13.3 | 13.5 | 11.0 | 72.9 | 75.7 |
Italy | 1.86 | 2.93 | 1.1 | 0.8 | 13.1 | 12.9 | 11.2 | 10.9 | 75.8 | 76.1 |
Japan | 1.68 | 2.83 | 0.5 | 0.5 | 12.7 | 11.5 | 12.2 | 10.0 | 75.2 | 78.5 |
Jordan | 2.20 | 3.21 | 2.2 | 1.4 | 10.5 | 11.2 | 9.8 | 8.2 | 79.7 | 80.7 |
Kazakhstan | 2.31 | 3.47 | 5.0 | 3.4 | 13.9 | 10.4 | 8.6 | 7.3 | 77.5 | 82.3 |
Korea | 2.03 | 3.03 | 1.7 | 1.0 | 10.5 | 11.5 | 9.5 | 10.0 | 80.1 | 78.5 |
Kuwait | 3.18 | 3.94 | 7.8 | 4.6 | 7.8 | 11.0 | 7.9 | 9.9 | 84.3 | 79.1 |
Kyrgyzstan | 3.28 | 4.04 | 9.5 | 5.7 | 12.6 | 9.8 | 8.3 | 8.9 | 79.1 | 81.2 |
Latvia | 8.36 | 5.33 | 14.2 | 9.2 | 12.2 | 10.2 | 11.3 | 8.3 | 76.5 | 81.5 |
Libya | 1.86 | 2.92 | 2.6 | 1.5 | 10.1 | 9.8 | 10.0 | 8.8 | 79.9 | 81.5 |
Lithuania | 7.40 | 5.51 | 16.4 | 12.6 | 12.2 | 10.9 | 9.8 | 6.3 | 78.0 | 82.8 |
Luxembourg | 1.80 | 3.12 | 6.4 | 3.5 | 12.5 | 13.3 | 13.5 | 12.7 | 74.1 | 74.1 |
Mexico | 1.87 | 2.95 | 1.0 | 0.9 | 9.5 | 9.7 | 9.2 | 7.3 | 81.3 | 83.0 |
Mongolia | 3.08 | 4.08 | 6.5 | 4.0 | 11.6 | 10.6 | 8.3 | 8.0 | 80.1 | 81.4 |
Morocco | 2.07 | 3.06 | 1.2 | 0.8 | 10.4 | 11.2 | 10.6 | 8.8 | 79.1 | 80.0 |
Nepal | 2.26 | 3.62 | 3.1 | 4.9 | 10.2 | 11.0 | 10.1 | 7.3 | 79.8 | 81.6 |
Netherlands | 1.70 | 2.85 | 0.9 | 0.8 | 14.0 | 14.5 | 13.6 | 12.6 | 72.4 | 72.9 |
Nicaragua | 3.24 | 4.39 | 4.8 | 4.6 | 10.2 | 9.9 | 10.0 | 6.4 | 79.7 | 83.7 |
Norway | 4.85 | 4.71 | 11.6 | 6.8 | 11.5 | 12.4 | 9.0 | 10.0 | 79.5 | 77.6 |
Oman | 3.10 | 3.54 | 3.2 | 1.8 | 10.7 | 8.6 | 9.7 | 6.7 | 79.6 | 84.6 |
Pakistan | 1.48 | 2.74 | 2.2 | 2.4 | 8.9 | 8.1 | 8.1 | 7.8 | 83.0 | 84.1 |
Palestine | 1.80 | 3.02 | 1.7 | 1.2 | 11.6 | 13.5 | 11.1 | 11.4 | 77.2 | 75.1 |
Poland | 5.09 | 4.61 | 13.0 | 8.6 | 12.4 | 10.2 | 12.6 | 9.6 | 75.1 | 80.2 |
Portugal | 2.21 | 3.14 | 1.5 | 1.3 | 10.3 | 10.7 | 8.8 | 9.4 | 80.9 | 79.8 |
Puerto Rico | 1.53 | 2.73 | 1.8 | 1.4 | 14.6 | 14.3 | 15.5 | 11.5 | 70.0 | 74.2 |
Qatar | 2.64 | 3.84 | 3.9 | 3.2 | 10.3 | 10.5 | 11.1 | 6.7 | 78.6 | 82.8 |
Romania | 3.88 | 4.57 | 6.3 | 6.3 | 11.9 | 9.8 | 9.3 | 7.5 | 78.8 | 82.7 |
Russia | 1.95 | 3.06 | 2.5 | 1.5 | 12.3 | 9.5 | 9.4 | 7.0 | 78.2 | 83.5 |
Saudi Arabia | 1.91 | 2.97 | 0.6 | 0.5 | 10.1 | 10.4 | 9.7 | 6.9 | 80.3 | 82.8 |
Serbia | 2.95 | 3.51 | 5.5 | 3.6 | 11.6 | 12.1 | 8.9 | 9.0 | 79.5 | 78.9 |
Singapore | 1.66 | 2.81 | 0.7 | 0.5 | NaN | 11.2 | NaN | 11.6 | NaN | 77.3 |
Slovakia | 2.28 | 3.38 | 8.3 | 4.4 | 12.8 | 10.4 | 11.3 | 7.8 | 75.9 | 81.7 |
Slovenia | 4.62 | 4.11 | 8.7 | 5.3 | 10.4 | 10.1 | 9.3 | 9.4 | 80.3 | 80.5 |
Spain | 1.81 | 2.91 | 0.7 | 0.8 | 11.5 | 11.9 | 10.8 | 10.6 | 77.7 | 77.5 |
Sudan | 2.38 | 3.17 | 1.3 | 0.9 | 9.8 | 11.8 | 8.9 | 6.8 | 81.3 | 81.4 |
Sweden | 2.80 | 3.44 | 6.8 | 3.8 | 12.7 | 10.9 | 10.6 | 10.0 | 76.7 | 79.1 |
Switzerland | 2.43 | 3.33 | 7.8 | 4.3 | 13.4 | 12.1 | 11.7 | 11.5 | 74.8 | 76.4 |
Syrian Arab Republic | 1.86 | 2.65 | 3.1 | 4.1 | 7.5 | 9.2 | 8.4 | 6.6 | 84.0 | 84.2 |
Taiwan | 2.24 | 3.16 | 3.2 | 2.0 | 12.8 | 13.9 | 14.6 | 9.7 | 72.6 | 76.4 |
Tajikistan | 0.41 | 2.88 | 5.5 | 5.0 | 13.1 | 8.5 | 10.1 | 9.2 | 76.8 | 82.3 |
Thailand | 2.47 | 3.85 | 2.3 | 3.9 | 9.7 | 10.3 | 8.4 | 6.5 | 82.0 | 83.2 |
Tunisia | 2.63 | 3.32 | 3.4 | 2.0 | 7.8 | 8.7 | 10.7 | 6.7 | 81.5 | 84.6 |
Turkey | 2.93 | 3.81 | 4.2 | 3.4 | 10.2 | 12.9 | 8.9 | 7.4 | 80.9 | 79.7 |
Turkmenistan | 2.15 | 3.17 | 3.7 | 2.4 | 10.7 | 9.4 | 6.6 | 6.2 | 82.7 | 84.4 |
Ukraine | 0.57 | 2.94 | 7.9 | 5.2 | 13.8 | 9.3 | 10.2 | 5.1 | 76.0 | 85.6 |
United Arab Emirates | 2.13 | 3.11 | 1.1 | 0.8 | 9.0 | 10.9 | 9.1 | 8.4 | 81.9 | 80.7 |
United Kingdom | 1.46 | 2.79 | 1.6 | 1.1 | 11.5 | 11.7 | 11.5 | 11.2 | 77.0 | 77.1 |
United States | 1.73 | 2.86 | 0.6 | 0.6 | 9.8 | 11.6 | 9.8 | 9.4 | 80.4 | 79.0 |
Uzbekistan | 1.19 | 2.72 | 2.7 | 1.6 | 11.7 | 7.9 | 8.9 | 7.6 | 79.4 | 84.5 |
Venezuela | 1.97 | 3.29 | 1.7 | 2.0 | 10.3 | 10.4 | 10.3 | 8.0 | 79.4 | 81.7 |
Viet Nam | 4.43 | 4.14 | 4.8 | 2.8 | 8.3 | 9.6 | 8.7 | 7.0 | 83.1 | 83.4 |
Western Sahara | 3.00 | 3.50 | 2.2 | 1.6 | 11.1 | 10.6 | 10.8 | 8.3 | 78.2 | 81.1 |
World | 1.66 | 2.78 | 0.0 | 0.0 | 9.9 | 9.9 | 8.3 | 7.9 | 81.8 | 82.2 |
Yemen | 2.88 | 3.48 | 2.5 | 2.2 | 7.6 | 10.5 | 7.2 | 6.7 | 85.2 | 82.8 |