Economics literature suggests that, even in the absence of fiscal costs, a persistently high and increasing public debt ratio may have a detrimental effect on long run economic growth in an economy that is not over-accumulating capital like Finland today. High public debt creates expectations...

We explore the inventive activity and recombinant ideas in the field of economic growth research by analyzing the Journal of Economic Literature (JEL) classification codes assigned to articles published in the Journal of Economic Growth. The average number of JEL codes, authors, keywords, pages...

We analyze the link between standardization and economic growth by systematically reviewing leading economics journals, leading economic growth researchers’ articles, and economic growth related books. We make the following observations: 1) No article has analyzed the link between...

We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken together, the studies imply a positive and statistically significant effect, but individual estimates vary a lot. We find that both research design and heterogeneity in the...