Explaining economic growth in developed economies after 1980

We use the Aguion and Howitt (2009) theoretical model of endogenous economic growth to explain the declining economic growth in developed economies in the period 1981-2009. Aguion and Howitt theoretical framework combines Solownian and Schumpeterian elements in a single scenario, so that labor-augme...

Full description

Autores:

Ballesteros, Carlos
Posada, Carlos E.

Tipo de recurso:

Fecha de publicación:

2016

Institución:

Universidad EAFIT

Repositorio:

Repositorio EAFIT

Idioma:

eng

OAI Identifier:

oai:repository.eafit.edu.co:10784/9019

Acceso en línea:

http://hdl.handle.net/10784/9019

Palabra clave:

Economic growth
Solownian and Schumpeterian models of growth
investment rate
R&D expenditures
Capital stock per efficient unit of labor

Rights

License

Acceso abierto