Testing the Uzawa–Lucas model with OECD data

The paper tests the Uzawa–Lucas model of endogenous growth using a modified Granger-causality test and panel data for 20 OECD countries. The results favour the human capital augmented endogenous growth model against both the exogenous growth model à la Solow and endogenous growth models of the AK type.

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Year of publication:	2014
Authors:	Hartwig, Jochen
Published in:	Research in Economics. - Elsevier, ISSN 1090-9443. - Vol. 68.2014, 2, p. 144-156
Publisher:	Elsevier
Subject:	Exogenous growth \| Endogenous growth \| Uzawa–Lucas model \| OECD panel

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Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011065798