Ortiz, Carlos Humberto - In: Colombian Economic Journal 2 (2004) 1, pp. 157-188
Learning-by-doing and government spending are well-known engines of long-term economic growth. These growth engines … Matsuyama [1992] and Barro’s [1990] approaches. Industrialisation and growth are assumed to be directly related in the ensuing … and lower economic growth. The model is the basis of a reflection on the Colombian economy’s slowdown since 1980 …