McQuinn, Kieran; Whelan, Karl - Volkswirtschaftliche Fakultät, … - 2007
Despite the widespread popularity of the Solow growth model, much of the recent empirical work based on the classic … exogenous in the Solow model, is often identified as being constant across countries. This simplification of the behavior of … Solow model. One implication has been an overemphasis on the role of factor accumulation in explaining cross-country income …