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https://hdl.handle.net/10419/20414
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DC Field | Value | Language |
---|---|---|
dc.contributor.author | Schiantarelli, Fabio | en |
dc.contributor.author | Leblebicioglu, Asli | en |
dc.contributor.author | Bond, Steve | en |
dc.date.accessioned | 2009-01-28T16:13:56Z | - |
dc.date.available | 2009-01-28T16:13:56Z | - |
dc.date.issued | 2004 | - |
dc.identifier.uri | http://hdl.handle.net/10419/20414 | - |
dc.description.abstract | We present evidence that an increase in investment as a share of GDP predicts a highergrowth rate of output per worker, not only temporarily, but also in the steady state. Theseresults are found using pooled annual data for a large panel of countries, using pooled datafor non-overlapping five-year periods, or allowing for heterogeneity across countries inregression coefficients. They are robust to model specifications and estimation methods. Theevidence that investment has a long-run effect on growth rates is consistent with the mainimplication of certain endogenous growth models, such as the AK model. | en |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1174 | en |
dc.subject.jel | C23 | en |
dc.subject.jel | E22 | en |
dc.subject.jel | O40 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | growth | en |
dc.subject.keyword | capital accumulation | en |
dc.subject.keyword | investment | en |
dc.subject.stw | Investition | en |
dc.subject.stw | Wirtschaftswachstum | en |
dc.subject.stw | Arbeitsproduktivität | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Welt | en |
dc.title | Capital Accumulation and Growth : A New Look at the Empirical Evidence | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 389180149 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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