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Growth-business cycle interaction: A look at the OECD

✍ Scribed by Matthew C. Rafferty

Publisher
Springer US
Year
2004
Tongue
English
Weight
963 KB
Volume
10
Category
Article
ISSN
1083-0898

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## Abstract Using annual data for 75 countries in the period 1960–2000, we present evidence of a positive relationship between investment as a share of gross domestic product (GDP) and the long‐run growth rate of GDP per worker. This result is robust for our full sample and for the subsample of non