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Long cycles in a modified Solow growth model

✍ Scribed by Fabião, Fátima; Teixeira, João; Borges, Maria João


Book ID
121574123
Publisher
Springer-Verlag
Year
2014
Tongue
English
Weight
427 KB
Volume
10
Category
Article
ISSN
1860-711X

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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