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A Contribution to the Empirics of Economic Growth

Mankiw, N. Gregory - 2010

This paper examines whether the Solow growth model is consistent with the international variation in the standard of living. It shows that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data. The...

Persistent link: https://www.econbiz.de/10013138393