Capital accumulation and growth: a new l
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Steve Bond; Asli LeblebicioΗ§lu; Fabio Schiantarelli
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Article
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2010
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John Wiley and Sons
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English
β 194 KB
## Abstract Using annual data for 75 countries in the period 1960β2000, we present evidence of a positive relationship between investment as a share of gross domestic product (GDP) and the longβrun growth rate of GDP per worker. This result is robust for our full sample and for the subsample of non