growth to the 1990s, discussing recent criticisms of their measurement and estimation framework. Our results suggest that the …. Third, and most importantly, we present new evidence on the time paths of economic growth, physical capital investment and … liberalization has, on average, robust positive effects on growth, openness and investment rates within countries. We illustrate …

estimation of parameters of dynamic optimization problems in which non-convexities lead to extended periods of investment …, which are important for understanding both the dynamics of aggregate investment and the impact of various policies on … capital accu- mulation. Our estimation strategy searches for parameters that minimize ex post errors in an Euler equation …

that many countries appear to share a common long run growth rate despite persistently different rates of investment in …

negative effect through reduced openness vis-…-vis the rest of the world. We estimate the growth effects that would have …

goods in the composition of investment has a significant positive effect on per capita income growth rates across countries …, in particular, in developing countries. Hence, the composition of investment in addition to the volume of total capital …

aggregate income change is mixed. We analyze economic growth and fertility change in the developing world over six decades …