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.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Paper ; No. 2002-13
- Klassifikation
-
Wirtschaft
- Thema
-
Convergence
Growth
Technological Change
Wirtschaftswachstum
Wirtschaftspolitik
Wachstumspolitik
Entwicklungskonvergenz
Schätzung
OECD-Staaten
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Landon-Lane, John S.
Robertson, Peter E.
- Ereignis
-
Veröffentlichung
- (wer)
-
Rutgers University, Department of Economics
- (wo)
-
New Brunswick, NJ
- (wann)
-
2001
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Landon-Lane, John S.
- Robertson, Peter E.
- Rutgers University, Department of Economics
Entstanden
- 2001
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