capital utilization has important consequences for the results stemming from cross-country growth and levels accounting. …

intensification of redistributive efforts, at least in democracies. If redistribution is detrimental to growth, then this implies that … positive relationship between redistributive taxation and growth. This paper offers a reconciliation of the existing theory and …

intensification of redistributive efforts, at least in democracies. If redistribution is detrimental to growth, then this implies that … positive relationship between redistributive taxation and growth. This paper offers a reconciliation of the existing theory and …

There appears to be ample evidence that the size of population acted as a stimulus to growth in historical times; scale … mattered. In the post World War II era, however, there is little evidence of such scale effects on growth. Where did the scale … endogenous growth models. If the bequest motive dominates, the scale effect is positive. If the life cycle motive dominates, the …

Club convergence may arise as an empirical prediction from standard neoclassical growth models where the aggregate …

Club convergence may arise as an empirical prediction from standard neoclassical growth models where the aggregate …