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The New Empirics of Economic Growth

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  • S Durlauf
  • Danny Quah

Abstract

We provide an overview of recent empirical research on patterns of cross-country growth. The new empirical regularities considered differ from earlier ones, e.g. the well-known Kaldor stylized facts. The new research no longer makes production function accounting a central part of the analysis. Instead, attention shifts more directly to questions like, Why do some countries grow faster than others? It is this changed focus that, in our view, has motivated going beyond the neoclassical growth model.

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Paper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp0384.

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Date of creation: Mar 1998
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Handle: RePEc:cep:cepdps:dp0384

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Web page: http://cep.lse.ac.uk/_new/publications/series.asp?prog=CEP

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