Journal ArticleDOI
The New Growth Evidence
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The authors surveys the recent empirical literature on economic growth, starting with a discussion of stylized facts, data problems, and statistical methods and concludes that efficiency has grown at different rates across countries, casting doubt on neoclassical models in which technology is a public good.Abstract:
Why do growth rates differ? This paper surveys the recent empirical literature on economic growth, starting with a discussion of stylized facts, data problems, and statistical methods. Six research questions are emphasized, drawing on growth and convergence research. In answering these questions, the paper argues that efficiency has grown at different rates across countries, casting doubt on neoclassical models in which technology is a public good. The latter half of the paper rounds up a variety of findings before providing answers to all six questions, including a short summary of how differences in growth rates arise.read more
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The Economic Costs of Conflict: A Case Study of the Basque Country
TL;DR: In this paper, the authors investigated the economic effects of conflict, using the terrorist conflict in the Basque Country as a case study, and found that after the outbreak of terrorism in the late 1960's, per capita GDP in the basque country declined about 10 percentage points relative to a synthetic control region without terrorism.
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Synthetic Control Methods for Comparative Case Studies: Estimating the Effect of California’s Tobacco Control Program
TL;DR: In this paper, the authors investigated the applicability of synthetic control methods to comparative case studies and found that, following Proposition 99, tobacco consumption fell markedly in California relative to a comparable synthetic control region, and that by the year 2000 annual per-capita cigarette sales in California were about 26 packs lower than what they would have been in the absence of Proposition 99.
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What Is a Case Study and What Is It Good for
TL;DR: In this article, the case study method is defined as an intensive study of a single unit with an aim to generalize across a larger set of units, and it is argued that case studies rely on the same sort of covariational evidence utilized in non-case study research.
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From State to Market: A Survey of Empirical Studies on Privatization
TL;DR: In this paper, the authors survey the literature examining the privatization of state-owned enterprises (SOEs) and the types of privatization, if and by how much privatization has improved the performance of former SOEs in nontransition and transition countries, how investors in privatizations have fared, and the impact of privatization on the development of capital markets and corporate governance.
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Education for Growth: Why and for Whom?
Alan B. Krueger,Mikael Lindahl +1 more
TL;DR: In this article, the authors reconcile evidence from the micro-econometric and macro-growth literatures on the effect of schooling on income and GDP growth, and find that educational attainment is an important causal determinant of income for individuals within countries.
References
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The mechanics of economic development
Abstract: This paper considers the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development. Three models are considered and compared to evidence: a model emphasizing physical capital accumulation and technological change, a model emphasizing human capital accumulation through schooling, and a model emphasizing specialized human capital accumulation through learning-by-doing.
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Increasing Returns and Long-Run Growth
TL;DR: In this paper, the authors present a fully specified model of long-run growth in which knowledge is assumed to be an input in production that has increasing marginal productivity, which is essentially a competitive equilibrium model with endogenous technological change.
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On the mechanics of economic development
TL;DR: In this article, the authors consider the prospects for constructing a neoclassical theory of growth and international trade that is consistent with some of the main features of economic development, and compare three models and compared to evidence.
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A Contribution to the Empirics of Economic Growth
TL;DR: The authors examined whether the Solow growth model is consistent with the international variation in the standard of living, and they showed that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data.
ReportDOI
Economic Growth in a Cross Section of Countries
TL;DR: For 98 countries in the period 1960-1985, the growth rate of real per capita GDP is positively related to initial human capital (proxied by 1960 school-enrollment rates) and negatively related to the initial (1960) level as mentioned in this paper.