Felipe, Jesus; McCombie, J. S. L. - In: Metroeconomica 56 (2005) 3, pp. 360-392
This paper provides evidence of a problem with the influential testing and assessment of Solow's (1956) growth model proposed by Mankiw et al. (1992). It is shown that when the assumption of a common rate of technical progress is relaxed in the neoclassical model, the goodness of fit of Mankiw...