Napoletano, Mauro; Roventini, Andrea; Sapio, Sandro - 2004
Harberger's 'A Vision of the Growth Process', Presidential Address at the 1998 Annual Meeting of the American Economic … industries. According to Harberger, this is because the effect of broad externalities - such as those linked to the growth of the … negligible as compared to industry- and firm-specific causes of productivity growth. The argument is that, if growth was driven …