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The new empirics of economic growth

In: Handbook of Macroeconomics

  • Durlauf, Steven N.
  • Quah, Danny T.

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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This chapter was published in:
  • J. B. Taylor & M. Woodford (ed.), 1999. "Handbook of Macroeconomics," Handbook of Macroeconomics, Elsevier, edition 1, volume 1, number 1.
  • This item is provided by Elsevier in its series Handbook of Macroeconomics with number 1-04.
    Handle: RePEc:eee:macchp:1-04
    Contact details of provider: Web page: http://www.elsevier.com/wps/find/bookseriesdescription.cws_home/BS_HE/description

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