Testing the Neoclassical Theory of Economic Growth : A Panel Data Approach /

Several recent empirical studies have examined determinants of economic growth using country average (cross-section) data. In contrast, this paper employs a technique for using a panel of both cross-section and time-series data for 98 industrial and developing countries over 1960-85 to determine the...

Volledige beschrijving

Bibliografische gegevens
Hoofdauteur: Knight, Malcolm
Andere auteurs: Loayza, Norman, Villanueva, Delano
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 1992.
Reeks:IMF Working Papers; Working Paper ; No. 1992/106
Online toegang:Full text available on IMF
LEADER 01925cas a2200265 a 4500
001 AALejournalIMF008317
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451947052 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Knight, Malcolm. 
245 1 0 |a Testing the Neoclassical Theory of Economic Growth :   |b A Panel Data Approach /  |c Malcolm Knight, Delano Villanueva, Norman Loayza. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1992. 
300 |a 1 online resource (38 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a Several recent empirical studies have examined determinants of economic growth using country average (cross-section) data. In contrast, this paper employs a technique for using a panel of both cross-section and time-series data for 98 industrial and developing countries over 1960-85 to determine the quantitative importance for economic growth of both country-specific and time-varying factors such as human capital, public investment, and outward-oriented trade policies. The empirical results provide support for the view that these factors exert a positive and significant influence on economic growth. They also provide estimates of the speed at which the gap in real per capita income between rich and poor countries is likely to be reduced over the longer term. 
538 |a Mode of access: Internet 
700 1 |a Loayza, Norman. 
700 1 |a Villanueva, Delano. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1992/106 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1992/106/001.1992.issue-106-en.xml  |z IMF e-Library