Durlauf, S. and Quah, Danny (1998) The new empirics of economic growth. CEP discussion paper; CEPDP0384, 384. Centre for Economic Performance, London School of Economics and Political Science, London, UK.Full text not available from this repository.
We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g. the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis. Instead, attention shifts more directly to questions like, Why do some countries grow faster than others? It is this changed focus that, in our view, has motivated going beyond the neoclassical growth model.
|Item Type:||Monograph (Discussion Paper)|
|Additional Information:||© 1998 the authors|
|Library of Congress subject classification:||H Social Sciences > HB Economic Theory|
|Sets:||Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Departments > Economics
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