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Solow vs. Solow : notes on identification and interpretation in the empirics of growth and development

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dc.creator Gundlach, Erich
dc.date 2005
dc.date.accessioned 2013-10-16T06:03:22Z
dc.date.available 2013-10-16T06:03:22Z
dc.date.issued 2013-10-16
dc.identifier Review of world economics 1610-2878 141 2005 3 541-558
dc.identifier http://hdl.handle.net/10419/3728
dc.identifier ppn:502000090
dc.identifier ppn:502000090
dc.identifier RePEc:zbw:ifwkie:3728
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3728
dc.description Most empirical studies of long run growth refer to one of the two seminal contributions by Robert Solow (1956, 1957). His work shows that in order to estimate the relative roles of factor accumulation and technology in development, an a priori identification assumption is needed about the nature of technical change. This specific assumption differs across the two Solow papers. I show that starting with the identification assumption made in Solow (1956), one should expect to find that differences in technology rather than differences in factor accumulation explain most if not all of the observed long-run differences in output per worker. The opposite interpretation appears to prevail in parts of the recent literature on the empirics of growth.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Solow-Modell
dc.subject Wachstumstheorie
dc.title Solow vs. Solow : notes on identification and interpretation in the empirics of growth and development
dc.type doc-type:article


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