The new empirics of economic growth
Durlauf, S.; and Quah, Danny
(1998)
The new empirics of economic growth.
[Working paper]
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g. the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis. Instead, attention shifts more directly to questions like, Why do some countries grow faster than others? It is this changed focus that, in our view, has motivated going beyond the neoclassical growth model.
| Item Type | Working paper |
|---|---|
| Departments |
Centre for Economic Performance Economics |
| Date Deposited | 27 Apr 2007 |
| URI | https://researchonline.lse.ac.uk/id/eprint/2316 |