THE MACROECONOMICS OF GROWTH: AN INTERNATIONAL PERSPECTIVE

THE MACROECONOMICS OF GROWTH: AN INTERNATIONAL PERSPECTIVE

Surveys the contributions that have been made in the literature on economic growth to explain the presence of sizable Solow residuals, i.e. residual output in growth that cannot be explained by growth in factors of production, and at the same time to provide an understanding of what determines the l...

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Veröffentlicht in:Oxford review of economic policy 1992-12, Vol.8 (4), p.15-28
Hauptverfasser: VAN DER PLOEG, FREDERICK, TANG, PAUL J. G.
Format: Artikel
Sprache:eng
Schlagworte:
Capital investments
Consumer economics
Economic growth models
Economic growth rate
Economic growth theories
Economic theory
Endogenous growth theory
Financial investments
Income taxes
Neoclassical growth model
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Zusammenfassung:Surveys the contributions that have been made in the literature on economic growth to explain the presence of sizable Solow residuals, i.e. residual output in growth that cannot be explained by growth in factors of production, and at the same time to provide an understanding of what determines the long-run rate of growth of an economy.
ISSN:0266-903X
1460-2121
DOI:10.1093/oxrep/8.4.15