The implausible growth effect of partial capital mobility: some neoclassical arithmetic

In the neoclassical growth model of Barro et al. [Am. Econ. Rev. 85 (1) (1995) 103–115], partial capital mobility across economies generates implausibly large growth effects under a standard parameterization of preferences and technology. Reasonable growth effects only occur if substantially less th...

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Veröffentlicht in:	Economic modelling 2002, Vol.19 (1), p.25-40
1. Verfasser:	Gundlach, Erich
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital flow Capital mobility Capital movement Economic growth Economic theory Growth models Growth theory International monetary relations Modelling Neoclassical economics Neoclassical growth model Studies
Online-Zugang:	Volltext
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