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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3878Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.creator | Gundlach, Erich | - |
| dc.date | 2006 | - |
| dc.date.accessioned | 2013-10-16T06:55:33Z | - |
| dc.date.available | 2013-10-16T06:55:33Z | - |
| dc.date.issued | 2013-10-16 | - |
| dc.identifier | http://hdl.handle.net/10419/3878 | - |
| dc.identifier | ppn:517652315 | - |
| dc.identifier | ppn:517652315 | - |
| dc.identifier.uri | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3878 | - |
| dc.description | Translated to a cross-country context, the Solow model (Solow, 1956) predicts that international differences in steady state output per person are due to international differences in technology for a constant capital output ratio. However, most of the cross-country growth literature that refers to the Solow model has employed a specification where steady state differences in output per person are due to international differences in the capital output ratio for a constant level of technology. My empirical results show that the former specification can summarize the data quite well by using a measure of institutional technology and treating the capital output ratio as part of the regression constant. This reinterpretation of the cross-country Solow model provides an interesting implication for empirical studies of international trade. Harrod-neutral technology differences as presumed by the Solow model can explain why countries have different factor intensities and may end up in different cones of specialization. | - |
| dc.language | eng | - |
| dc.publisher | Kiel Institute for the World Economy (IfW) Kiel | - |
| dc.relation | Kieler Arbeitspapiere 1294 | - |
| dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | - |
| dc.subject | O40 | - |
| dc.subject | F11 | - |
| dc.subject | ddc:330 | - |
| dc.subject | Solow Model | - |
| dc.subject | Lerner diagram | - |
| dc.subject | Solow-Modell | - |
| dc.subject | Wachstumstheorie | - |
| dc.subject | Steady-State-Wachstum | - |
| dc.subject | Kapitalintensität | - |
| dc.subject | Außenwirtschaftstheorie | - |
| dc.subject | Internationale Arbeitsteilung | - |
| dc.subject | Schätzung | - |
| dc.subject | Theorie | - |
| dc.subject | Welt | - |
| dc.title | The Solow model in the empirics of growth and trade | - |
| dc.type | doc-type:workingPaper | - |
| Appears in Collections: | EconStor | |
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