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Non-Scale Growth in an Open Economy

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Author Info
Eicher, T-S
Turnovsky, S-J

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Abstract

An important implication of "new growth" models is taht they exhibit "scale effects", meaning that variations in the levels of key variables such as the investment rate, research effort, and policy variables (tax rates) exert permanent influences on national growth rates.

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Publisher Info
Paper provided by University of Washington, Department of Economics in its series Working Papers with number 97-04.

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Length: 26 pages
Date of creation: 1997
Date of revision:
Handle: RePEc:udb:wpaper:97-04

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Related research
Keywords: ECONOMIC GROWTH;

Other versions of this item:

Find related papers by JEL classification:
O4 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics

Statistics
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This page was last updated on 2009-12-14.

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