Advanced Search

Papers Articles Authors Institutions Data (FRED®)

Abstract

In this note we show that the standard, loglinear growth regression specificationis consistent with one and only one model in the class of stochastic Ramsey models. Thismodel is highly restrictive: it requires a Cobb-Douglas technology and a 100% depreciationrate and it implies that risk does not affect investment behavior.

Download Info

If 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.

File URL: http://papers.tinbergen.nl/02034.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Tinbergen Institute in its series Tinbergen Institute Discussion Papers with number 02-034/2.

as HTML HTML with abstract plain text plain text with abstract BibTeX RIS (EndNote, RefMan, ProCite) ReDIF in new window

Length:
Date of creation: 10 Apr 2002
Date of revision:
Handle: RePEc:dgr:uvatin:20020034

Contact details of provider:
Web page: http://www.tinbergen.nl

Related research

Keywords: economic growth; growth regressions; growth under uncertainty;

Other versions of this item:

Find related papers by JEL classification:

• O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
• D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving

This paper has been announced in the following NEP Reports:

• NEP-ALL-2002-04-25 (All new papers)

References

References listed on IDEAS
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.:

as HTML HTML with abstract plain text plain text with abstract BibTeX RIS (EndNote, RefMan, ProCite) ReDIF in new window

1. Chris Elbers & Jan Willem Gunning & Bill Kinsey, 2002. "Convergence, Shocks and Poverty," Tinbergen Institute Discussion Papers 02-035/2, Tinbergen Institute.
2. Robert J. Barro & Paul M. Romer, 1991. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr91-1, August.
   
   • Robert J. Barro & Paul Romer, 1993. "Economic Growth," NBER Books, National Bureau of Economic Research, Inc, number barr93-1, August.

Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

as HTML HTML with abstract plain text plain text with abstract BibTeX RIS (EndNote, RefMan, ProCite) ReDIF in new window

Cited by:

1. Chris Elbers & Jan Willem Gunning & Lei Pan, 2007. "Insurance and Rural Welfare: What can Panel Data tell us?," Tinbergen Institute Discussion Papers 07-011/2, Tinbergen Institute.
   
   • Chris Elbers & Jan Willem Gunning & Lei Pan, 2009. "Insurance and rural welfare: what can panel data tell us?," Applied Economics, Taylor and Francis Journals, vol. 41(24), pages 3093-3101.
   • Chris Elbersa & Jan Willem Gunning & Lei Pan, 2007. "Insurance and Rural Welfare: What Can Panel Data Tell Us?," CSAE Working Paper Series 2007-13, Centre for the Study of African Economies, University of Oxford.
2. Chris Elbers & Jan Willem Gunning & Bill Kinsey, 2003. "Growth and Risk: Methodology and Micro Evidence," Tinbergen Institute Discussion Papers 03-068/2, Tinbergen Institute, revised 19 Sep 2006.
   
   • Chris Elbers & Jan Willem Gunning & Bill Kinsey, 2007. "Growth and Risk: Methodology and Micro Evidence," World Bank Economic Review, World Bank Group, vol. 21(1), pages 1-20.
   • Chris Elbers & Jan Willem Gunning & Bill Kinsey, 2004. "Growth and Risk: Methodology and Micro Evidence," Development and Comp Systems 0408014, EconWPA.
3. Chris Elbers & Jan Willem Gunning & Lei Pan, 2007. "Insurance and Rural Welfare: What can Panel Data tell us?," Tinbergen Institute Discussion Papers 07-011/2, Tinbergen Institute.
4. Mehari Mekonnen Akalu, 2002. "Measuring and Ranking Value Drivers," Tinbergen Institute Discussion Papers 02-043/2, Tinbergen Institute.
5. Chris Elbers & Jan Willem Gunning & Bill Kinsey, 2003. "Growth and Risk: Methodology and Micro Evidence," Tinbergen Institute Discussion Papers 03-068/2, Tinbergen Institute, revised 19 Sep 2006.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:dgr:uvatin:20020034

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Antoine Maartens (+31 626 - 160 892)).

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.

---

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.

Privacy Legal