According to AK and R&D models, permanent rise in investment rates and the growing number or researchers should have permanent effects on growth rate. Charles Jones (1995a) used the lack of long-term movements in GDP and productivity growth to challenge the validity of these models. The aim of this paper is to empirically re-test these models of endogenous growth. The author follows the methods proposed by Ch. Jones (1995a) and extends the analysis for variables that could offset the movements in growth rates. The results show no support for the tested models.
| Identifer | oai:union.ndltd.org:nusl.cz/oai:invenio.nusl.cz:18348 |
| Date | January 2010 |
| Creators | Kováč, Vladimír |
| Contributors | Bartoň, Petr, Chytil, Zdeněk |
| Publisher | Vysoká škola ekonomická v Praze |
| Source Sets | Czech ETDs |
| Language | Slovak |
| Detected Language | English |
| Type | info:eu-repo/semantics/masterThesis |
| Rights | info:eu-repo/semantics/restrictedAccess |
Page generated in 0.0022 seconds