Estimates of the Steady State Growth Rates for Ireland
AbstractThis paper estimates the steady state growth rate for Ireland with an extended version of the Solow (1956) growth model. We show that the education and trade openness have played an important role to improve the long-run growth rate. Policies to further improve the long-run growth rate are suggested.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 30595.
Date of creation: 22 Apr 2011
Date of revision:
SSGR; Economic Growth; Trade Openness; Education; Ireland.;
Find related papers by JEL classification:
- C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models &bull Diffusion Processes
- O52 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Europe
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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- Rao, B. Bhaskara, 2006.
"Time Series Econometrics of Growth Models: A Guide for Applied Economists,"
1547, University Library of Munich, Germany.
- B. Bhaskara Rao, 2010. "Time-series econometrics of growth-models: a guide for applied economists," Applied Economics, Taylor & Francis Journals, vol. 42(1), pages 73-86.
- Robert J. Barro & Jong-Wha Lee, 2010.
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NBER Working Papers
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- Barro, Robert J. & Lee, Jong Wha, 2013. "A new data set of educational attainment in the world, 1950–2010," Journal of Development Economics, Elsevier, vol. 104(C), pages 184-198.
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