Arbeitspapier
On the empirics of capital accumulation and economic growth
Recent advances in the theory of economic growth have led to a large number of competing endogenous-growth models. The empirical evidence presented in this paper supports the Rebelo (1991) growth model with constant returns to scale and constant returns to aggregate capital. For reasonable parameterizations, this model predicts that a one percentage point increase in the rate of investment in physical capital increases the growth rate by about 0.1 percentage points. The results do not support models which postulate diminishing returns to aggregate physical and human capital, externalities in the accumulation of physical capital, or aggregate economies of scale
- Sprache
-
Englisch
- Erschienen in
-
Year: 1993 ; Kiel: Institut für Weltwirtschaft (IfW)
- Klassifikation
-
Wirtschaft
- Thema
-
Neue Wachstumstheorie
Investition
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Gundlach, Erich
- Ereignis
-
Veröffentlichung
- (wer)
-
Kiel Institute of World Economics (IfW)
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
- (wo)
-
Kiel
- (wann)
-
1993
- Handle
- Letzte Aktualisierung
-
2025-03-10T11:44:11+0100
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Gundlach, Erich
- Kiel Institute of World Economics (IfW)
- ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft
Entstanden
- 1993
Ähnliche Objekte (12)
The Solow model in the empirics of growth and trade
Solow vs. Solow : Notes on identification and interpretation in the empirics of growth and development
The Primacy of Institutions Reconsidered: The Effects of Malaria Prevalence in the Empirics of Development
The role of human capital in economic growth: New results and alternative interpretations
Chromatographische Untersuchungen mit markierten Thrombozytenaggregationshemmern
Nachlassakte Erich Gundlach
Capital mobility and growth
Solow vs. Solow: Notes on identification and interpretation in the empirics of growth and development
Human capital and economic development: A macroeconomic assessment
Openness and economic growth in developing countries
Empirical evidence for alternative growth models : time series results
Accounting for the stock of human capital : selected evidence and potential implications
The Solow model in the empirics of growth and trade
Solow vs. Solow : Notes on identification and interpretation in the empirics of growth and development
The Primacy of Institutions Reconsidered: The Effects of Malaria Prevalence in the Empirics of Development
The role of human capital in economic growth: New results and alternative interpretations
Chromatographische Untersuchungen mit markierten Thrombozytenaggregationshemmern
Nachlassakte Erich Gundlach
Capital mobility and growth
Solow vs. Solow: Notes on identification and interpretation in the empirics of growth and development
Human capital and economic development: A macroeconomic assessment
Openness and economic growth in developing countries
Empirical evidence for alternative growth models : time series results
Accounting for the stock of human capital : selected evidence and potential implications
The Solow model in the empirics of growth and trade
Solow vs. Solow : Notes on identification and interpretation in the empirics of growth and development
The Primacy of Institutions Reconsidered: The Effects of Malaria Prevalence in the Empirics of Development
The role of human capital in economic growth: New results and alternative interpretations
Chromatographische Untersuchungen mit markierten Thrombozytenaggregationshemmern
Nachlassakte Erich Gundlach
Capital mobility and growth
Solow vs. Solow: Notes on identification and interpretation in the empirics of growth and development
Human capital and economic development: A macroeconomic assessment
Openness and economic growth in developing countries
Empirical evidence for alternative growth models : time series results