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

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  • Manuel S. Santos

    ()
    (Department of Economics, Arizona State University, Tempe, AZ 85287, USA)

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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Bibliographic 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;

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