IDEAS home Printed from https://ideas.repec.org/a/nup/jrmdke/v8y2020i3243-256.html
   My bibliography  Save this article

Paul Römer’s 90 Model and South Korean Economic Growth: An Econometric Study

Author

Listed:
  • M'hammed MENAD

    (Mustapha STAMBOULI University of Mascara)

  • Habib GUENNOUNI

    (Mustapha STAMBOULI University of Mascara)

Abstract

This study aims to apply Paul Römer’s 90 model of economic growth on the case of South Korea during the period 1979-2018 using an econometric study. The study concluded that the labor force has a positive impact on the GDP and this effect increases in the long run by 5 doubles during the study period. For patents, their impact has increased also by 7.46 doubles. While the effect of capital accumulation decreased in the long run. We conclude that the human factor and patents have played a large role in the long run economic growth as stated in the Römer model.

Suggested Citation

  • M'hammed MENAD & Habib GUENNOUNI, 2020. "Paul Römer’s 90 Model and South Korean Economic Growth: An Econometric Study," Management Dynamics in the Knowledge Economy, College of Management, National University of Political Studies and Public Administration, vol. 8(3), pages 243-256, September.
    • Handle: RePEc:nup:jrmdke:v:8:y:2020:i:3:243-256
    as

    Download full text from publisher

    File URL: http://www.managementdynamics.ro/index.php/journal/article/download/360/305
    Download Restriction: no
    File URL: http://www.managementdynamics.ro/index.php/journal/article/view/360
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nup:jrmdke:v:8:y:2020:i:3:243-256. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cristian-Mihai VIDU (email available below). General contact details of provider: https://edirc.repec.org/data/fmsnsro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.