Leon-Ledesma, Miguel; Thirlwall, Anthony P. - In: Banca Nazionale del Lavoro Quarterly Review 53 (2000) 215, pp. 433-445
supply side or demand side. It is shown for a sample of 15 OECD countries 1961-1995 that the natural rate of growth has been …In mainstream growth theory, including endogenous growth theory, the naturalrate of growth as defined by Harrod, is … natural growth rates. It also has serious implications for the way in which the growth process is viewed: whether from the …