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An Empirical Reexamination of the Solow Growth Model

✍ Scribed by Hideki Nakamura


Book ID
115625749
Publisher
Elsevier Science
Year
2001
Tongue
English
Weight
130 KB
Volume
15
Category
Article
ISSN
0889-1583

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The paper considers international per capita output and its growth using a panel of data for 102 countries between 1960 and 1989. It sets out an explicitly stochastic Solow growth model and shows that this has quite dierent properties from the standard approach where the output equation is obtained