Casadio, Paolo; Paradiso, Antonio; Rao, B. Bhaskara - Volkswirtschaftliche Fakultät, … - 2011
This paper estimates the steady state growth rate for Scandinavian countries with a “knowledge economy” approach. We shall use an extended version of the Solow (1956) growth model, in which total factor productivity is assumed to be a function of human capital (measured by average years of...