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On some criteria for the formulation and testing of economic growth models

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Author Info
Manuel S. Santos () (Department of Economics, Arizona State University, Tempe, AZ 85287, USA)

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Abstract

This paper presents a methodology for the formulation and testing of economic growth models. The model selected includes two production sectors with physical and human capital accumulation. These capital stocks are associated with spillover effects in the production of the physical good and in the accumulation of both factors.

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File URL: http://link.springer.de/link/service/journals/10108/papers/2004001/20040001.pdf
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Publisher Info
Article provided by Springer in its journal Spanish Economic Review.

Volume (Year): 4 (2002)
Issue (Month): 1 ()
Pages: 1-18
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Handle: RePEc:spr:specre:v:4:y:2002:i:1:p:1-18

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Related research
Keywords: Basic facts; economic growth model; balanced growth path; calibration; testing;

Find related papers by JEL classification:
E1 - Macroeconomics and Monetary Economics - - General Aggregative Models
O3 - Economic Development, Technological Change, and Growth - - Technological Change
O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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This page was last updated on 2009-12-17.

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