between primary and secondary sectors in the growth process. In the case of primary and tertiary sector services, though the … missing for a relatively faster adjustment towards long run equilibrium rate of growth. …

This paper constructs a two-country stochastic growth model in which neutral and investment-specific technology shocks …

-country growth regressions. When the time series are persistent, the first-differenced GMM estimator can be poorly behaved, since …-differenced GMM in our estimation of an empirical growth model. …

We present evidence on the effects of aid transfers and their degree of volatility on economic growth and show that …. Using a stochastic endogenous growth model, we provide a theoretical rationalisation for our empirical evidence. Both the …’s growth rate may appear if and only if aid is volatile. As a result, we conclude that it is only in conjunction with the …

In this paper we highlight the importance of the operational costs in explaining economic growth and analyze how the … industrial structure affects the growth rate of the economy. If there is monopolistic competition only in an intermediate goods … sector, then production growth coincides with consumption growth. Moreover, the pattern of growth depends on the particular …

Despite the widespread popularity of the Solow growth model, much of the recent empirical work based on the classic … framework misrepresents a crucial feature of the model. Namely, the growth rate of technological progress, assumed to be …

The authors reply to the comment of Boggio and Seravalli about the paper "Is the natural rate of growth exogenous?". …

raised concerning the notion of the natural rate of growth, first proposed by Sir Roy Harrod (1939). …

The authors reply to the comment of Boggio and Seravalli about the paper "Is the natural rate of growth exogenous?". …

raised concerning the notion of the natural rate of growth, first proposed by Sir Roy Harrod (1939). …