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The New Empirics of Economic Growth

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  • Steven N. Durlauf
  • Danny T. 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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Bibliographic Info

Paper provided by Santa Fe Institute in its series Working Papers with number 98-01-012.

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Date of creation: Jan 1998
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Handle: RePEc:wop:safiwp:98-01-012

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Web page: http://www.santafe.edu/sfi/publications/working-papers.html
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Keywords: Classification; convergence; cross-section regression; distribution dynamics; endogenous growth; neoclassical growth; regression tree; threshold; time series; panel data;

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References

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