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The new empirics of economic growth

  • Durlauf,S.N.
  • Quah,D.T.

    (University of Wisconsin-Madison, Social Systems Research Institute)

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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Paper provided by Wisconsin Madison - Social Systems in its series Working papers with number 3.

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Date of creation: 1998
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Handle: RePEc:att:wimass:19983
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UNIVERSITY OF WISCONSIN MADISON, SOCIAL SYSTEMS RESEARCH INSTITUTE(S.S.R.I.), MADISON WISCONSIN 53706 U.S.A.

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