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There is a widespread belief that economic policy prescriptions, especially in international economics, are of grave importance for individual and national well being. Milberg contends, however, that there is little thought given to how such prescriptions follow from the theoretical models used...
Persistent link: https://www.econbiz.de/10005561167
While the debate over whether and why convergence between national productivity rates between countries over time has occurred is a lively one, the discussion has largely ignored two issues: the development of a generalized theoretical model of cross-country growth patterns that could explain...
Persistent link: https://www.econbiz.de/10005561177