Arbeitspapier
Can government policies increase national long-run growth rates?
We obtain time series estimates of the long run growth rates of 17 OECD countries, and test the hypothesis that these are the same across countries. We find that we cannot reject this hypothesis for the first and last three decades of the 20th century. We conclude that: (i) there are few, if any, feasible policies available that have a significant effect on long run growth rates, and; (ii) any policies that can raise national growth rates must be international in scope. The results therefore have bleak implications for the ability of countries to affect their long run growth rates.
- Language
-
Englisch
- Bibliographic citation
-
Series: Working Paper ; No. 2002-13
- Classification
-
Wirtschaft
- Subject
-
Convergence
Growth
Technological Change
Wirtschaftswachstum
Wirtschaftspolitik
Wachstumspolitik
Entwicklungskonvergenz
Schätzung
OECD-Staaten
- Event
-
Geistige Schöpfung
- (who)
-
Landon-Lane, John S.
Robertson, Peter E.
- Event
-
Veröffentlichung
- (who)
-
Rutgers University, Department of Economics
- (where)
-
New Brunswick, NJ
- (when)
-
2001
- Handle
- Last update
-
10.03.2025, 11:45 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Landon-Lane, John S.
- Robertson, Peter E.
- Rutgers University, Department of Economics
Time of origin
- 2001
Other Objects (12)
The long-run determinants of Indian government bond yields
Income Taxation, Government Expenditure, and Long-Run Stochastic Growth
Long-run growth forecasting
Long-run growth uncertainty
Long-run supply prospects
Long-run money demand
Long-run economic, budgetary and fiscal effects of Roma integration policies
Long-run Economic, Budgetary and Fiscal Effects of Roma Integration Policies
Meta-Analysis of the Impact of Fiscal Policies on Long-Run Growth
Public Policies and Long-Run Growth in a Model with Environmental Degradation
The long-run weight of communism or the weight of long-run history?
Long-run expectations of households
The long-run determinants of Indian government bond yields
Income Taxation, Government Expenditure, and Long-Run Stochastic Growth
Long-run growth forecasting
Long-run growth uncertainty
Long-run supply prospects
Long-run money demand
Long-run economic, budgetary and fiscal effects of Roma integration policies
Long-run Economic, Budgetary and Fiscal Effects of Roma Integration Policies
Meta-Analysis of the Impact of Fiscal Policies on Long-Run Growth
Public Policies and Long-Run Growth in a Model with Environmental Degradation
The long-run weight of communism or the weight of long-run history?
Long-run expectations of households
The long-run determinants of Indian government bond yields
Income Taxation, Government Expenditure, and Long-Run Stochastic Growth
Long-run growth forecasting
Long-run growth uncertainty
Long-run supply prospects
Long-run money demand
Long-run economic, budgetary and fiscal effects of Roma integration policies
Long-run Economic, Budgetary and Fiscal Effects of Roma Integration Policies
Meta-Analysis of the Impact of Fiscal Policies on Long-Run Growth
Public Policies and Long-Run Growth in a Model with Environmental Degradation
The long-run weight of communism or the weight of long-run history?