Economic policy and the dynamics of growth
AbstractI this paper I deal with some of the most important policy issues related to economic growth theory, and I argue that the recent literature in the field have been almost silent with respect to some of the most important concerns among policy makers. I also argue that measurement problems plague the empirical applications of the new theories, reducing greatly their degree of persuasiveness, in particular when it comes to measuring trade policy. I end my discussion by briefly tackling the relationship between politics, savings and growth.
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Bibliographic InfoArticle provided by University of Chile, Department of Economics in its journal Estudios de Economia.
Volume (Year): 23 (1996)
Issue (Month): 2 Year 1996 (December)
Economic policy; growth.;
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- Petreski, Marjan, 2009. "Exchange-rate regime and economic growth: a review of the theoretical and empirical literature," Economics Discussion Papers 2009-31, Kiel Institute for the World Economy.
- Petreski, Marjan, 2009. "Analysis of exchange-rate regime effect on growth: theoretical channels and empirical evidence with panel data," Economics Discussion Papers 2009-49, Kiel Institute for the World Economy.
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