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A method for using panel data to evaluate growth theories is formulated. This method enables endogenous growth models predicting that countries have different trend growth rates to be tested against exogenous growth models predicting that countries have parallel growth paths. This method is...
Persistent link: https://www.econbiz.de/10005670075
A method for using panel data to evaluate growth theories is formulated. This method enables endogenous growth models predicting that countries have different trend growth rates to be tested against exogenous growth models predicting that countries have parallel growth paths. This method is...
Persistent link: https://www.econbiz.de/10008602941