variability in income levels and their growth rates. We review estimates for a wide range of policy variables. In many cases, the … magnitude of the estimates is under debate. Estimates found by running cross-sectional growth regressions are sensitive to which …

This North-South model of Schumpeterian endogenous growth combines a market, productivity and knowledge effect. A set … of various convergent and divergent growth paths is derived that is much richer than in the literature so far. South …. Not only a larger Southern market size, but also a higher Southern steady state growth rate benefit the North so that …

This study first provides an outline of Kaldor's growth model and then tests its relevance to the economic experience … manufacturing is the engine of economic growth, whereas the second proposition, also known as Verdoorn's law, asserts that there is … a strong positive casual relationship between manufacturing productivity growth and output growth, due to static and …

We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas … states: one stagnant where energy is fully derived from the alternative energy source, and one with balanced growth where …

technologies as one of major drivers for growth, especially in developing countries. However, while adopting a new technology … these features, the paper has employed a Nelson-Phelps catch-up equation in an AK growth model. This model presents some … of a productivity slowdown and nonmonotonic transition toward a balanced growth path, due to the adoption cost. The …

unity. Furthermore, the model (iv) supports either a neoclassical steady-state or long-run endogenous growth, giving it the …

is more concave than that for the children's human capital, the only possible steady-state growth path involves full …

This paper develops a stylized multi-sector growth model of China's economy. We choose a neoclassical modeling approach … and focus on the reform process under Deng Xiaoping as China's main growth driver since 1978. Following the literature, we …-trade reform period (1992-present). Reflecting the neoclassical view, our model explains China's growth process since 1978 as a …

In this paper we introduce a labor supply based on Malthusian ideas in the Solow-Swan growth model (without technical …