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New panel data estimates for the four East Asian Tigers show that the contribution of total factor productivity (TFP) to growth is much higher than past estimates. An extended production function with learning by doing implies that TFP is about 3.5% and these countries will grow at this rate in...
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This paper examines the determinants of economic growth in Guatemala, with a particular focus on the schooling level. Results based on an error-correction methodology show a better educated labour force has a positive and significant impact on economic growth. Consistent with micro evidence for...
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This book adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics including the theoretical underpinnings of growth models and some of the important challenges in empirical studies on economic growth.
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"This book adds to the works of Solow by showing how his original model can be extended and used for policy, discussing issues in growth econometrics including the theoretical underpinnings of growth models and some of the important challenges in empirical studies on economic growth"--Provided...
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