The OECD 1951-88 growth experience revisited
AbstractThis paper presents panel data evidence on an investment driven growth process for 16 OECD countries over the 1951-88 period, as it is predicted by new growth theory. Investments are hypothesized to depend on demand factors, human capital, and trade union power. The two-equation regression model appears to replicate the data in a satisfactorily way. In the search for the ultimate factors behind economic growth, this two-step approach seems more appropriate than a purely eclectic one.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Tilburg University, Faculty of Economics and Business Administration in its series Research Memorandum with number 674.
Date of creation: 1994
Date of revision:
Contact details of provider:
Web page: http://www.tilburguniversity.edu/nl/over-tilburg-university/schools/economics-and-management/
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Klundert, T.C.M.J. van de & Schaik, A.B.T.M. van, 1996.
"On the historical continuity of the process of economic growth,"
Open Access publications from Tilburg University
urn:nbn:nl:ui:12-72965, Tilburg University.
- van de Klundert, Theo C N J & van Schaik, Anton, 1993. "On the Historical Continuity of the Process of Economic Growth," CEPR Discussion Papers 850, C.E.P.R. Discussion Papers.
- Levine, Ross & Renelt, David, 1991.
"A sensitivity analysis of cross-country growth regressions,"
Policy Research Working Paper Series
609, The World Bank.
- Levine, Ross & Renelt, David, 1992. "A Sensitivity Analysis of Cross-Country Growth Regressions," American Economic Review, American Economic Association, vol. 82(4), pages 942-63, September.
- Fare, Rolf & Shawna Grosskopf & Mary Norris & Zhongyang Zhang, 1994. "Productivity Growth, Technical Progress, and Efficiency Change in Industrialized Countries," American Economic Review, American Economic Association, vol. 84(1), pages 66-83, March.
- Van de Klundert, T. & Smulders, S., 1991.
"Recontructing Growth Theory : A Survey,"
9146, Tilburg - Center for Economic Research.
- Smulders, J.A. & Klundert, T.C.M.J. van de, 1992. "Reconstructing growth theory: A survey," Open Access publications from Tilburg University urn:nbn:nl:ui:12-153398, Tilburg University.
- Klundert, T.C.M.J. van de & Smulders, J.A., 1991. "Reconstructing growth theory: A survey," Discussion Paper 1991-46, Tilburg University, Center for Economic Research.
- C Bean, 1992.
"European Unemployment: A Survey,"
CEP Discussion Papers
dp0071, Centre for Economic Performance, LSE.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
NBER Working Papers
3541, National Bureau of Economic Research, Inc.
- Moene, K.O. & Wallerstein, M., 1992. "The Decline of Social Democracy," Memorandum 21/1992, Oslo University, Department of Economics.
- Barro, Robert J, 1991.
"Economic Growth in a Cross Section of Countries,"
The Quarterly Journal of Economics,
MIT Press, vol. 106(2), pages 407-43, May.
- Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc.
- Barro, R.J., 1989. "Economic Growth In A Cross Section Of Countries," RCER Working Papers 201, University of Rochester - Center for Economic Research (RCER).
- Maddison, A., 1991.
"A Long Run Perspective on Saving,"
443, Groningen State, Institute of Economic Research-.
- Robert G. King & Sergio T. Rebelo, 1995.
"Transitional Dynamics and Economic Growth in the Neoclassical Model,"
NBER Working Papers
3185, National Bureau of Economic Research, Inc.
- King, Robert G & Rebelo, Sergio T, 1993. "Transitional Dynamics and Economic Growth in the Neoclassical Model," American Economic Review, American Economic Association, vol. 83(4), pages 908-31, September.
- King, R.G. & Rebelo, S.T., 1989. "Transitional Dynamics And Economic Growth In The Neoclassical Model," RCER Working Papers 206, University of Rochester - Center for Economic Research (RCER).
- Howard Pack, 1994. "Endogenous Growth Theory: Intellectual Appeal and Empirical Shortcomings," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 55-72, Winter.
- E. Roy Weintraub, 1992. "Introduction," History of Political Economy, Duke University Press, vol. 24(5), pages 3-12, Supplemen.
- Kormendi, Roger C. & Meguire, Philip G., 1985. "Macroeconomic determinants of growth: Cross-country evidence," Journal of Monetary Economics, Elsevier, vol. 16(2), pages 141-163, September.
- Robert M. Solow, 1994. "Perspectives on Growth Theory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 45-54, Winter.
- Crafts, Nicholas, 1992. "Was the Thatcher Experiment Worth it? British Economic Growth in a European Context," CEPR Discussion Papers 710, C.E.P.R. Discussion Papers.
- Baumol, William J, 1986. "Productivity Growth, Convergence, and Welfare: What the Long-run Data Show," American Economic Review, American Economic Association, vol. 76(5), pages 1072-85, December.
- Stern, Nicholas, 1991. "The Determinants of Growth," Economic Journal, Royal Economic Society, vol. 101(404), pages 122-33, January.
- Herings, P.J.J., 1995. "Rigidity of prices, the generic case?," Research Memorandum 693, Tilburg University, Faculty of Economics and Business Administration.
- Herings, P.J.J., 1995. "On the representation of admissible rationing schemes by rationing functions," Research Memorandum 692, Tilburg University, Faculty of Economics and Business Administration.
- Elzen, A.H. van den, 1995. "An adjustment process for the standard Arrow/Debreu model with production," Research Memorandum 697, Tilburg University, Faculty of Economics and Business Administration.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Richard Broekman).
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.