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Testing the Uzawa–Lucas model with OECD data

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  • Hartwig, Jochen

Abstract

The paper tests the Uzawa–Lucas model of endogenous growth using a modified Granger-causality test and panel data for 20 OECD countries. The results favour the human capital augmented endogenous growth model against both the exogenous growth model à la Solow and endogenous growth models of the AK type.

Suggested Citation

  • Hartwig, Jochen, 2014. "Testing the Uzawa–Lucas model with OECD data," Research in Economics, Elsevier, vol. 68(2), pages 144-156.
    • Handle: RePEc:eee:reecon:v:68:y:2014:i:2:p:144-156
    DOI: 10.1016/j.rie.2014.01.002
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