Openness, Human Development, and Fiscal Policies : Effectson Economic Growth and Speed of Adjustment /

The model developed here postulates that learning through experience plays a critical role in raising labor productivity over time, with three major consequences. First, the steady-state growth rate (of output) becomes endogenous and is influenced by government policies. Second, the speed of adjustm...

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Bibliografische gegevens
Hoofdauteur: Villanueva, Delano
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1993.
Reeks:IMF Working Papers; Working Paper ; No. 1993/059
Online toegang:Full text available on IMF