000 | 02197cam a22003377 4500 | ||
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001 | w3541 | ||
003 | NBER | ||
005 | 20211020114717.0 | ||
006 | m o d | ||
007 | cr cnu|||||||| | ||
008 | 210910s1990 mau fo 000 0 eng d | ||
100 | 1 | _aMankiw, N. Gregory. | |
245 | 1 | 2 |
_aA Contribution to the Empirics of Economic Growth / _cN. Gregory Mankiw, David Romer, David N. Weil. |
260 |
_aCambridge, Mass. _bNational Bureau of Economic Research _c1990. |
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300 |
_a1 online resource: _billustrations (black and white); |
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490 | 1 |
_aNBER working paper series _vno. w3541 |
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500 | _aDecember 1990. | ||
520 | 3 | _aThis paper examines whether the Solow growth model is consistent with the international variation in the standard of living. It shows that an augmented Solow model that includes accumulation of human as well as physical capital provides an excellent description of the cross-country data. The model explains about 80 percent of the international variation in income per capita, and the estimated influences of physical-capital accumulation, human-capital accumulation, and population growth confirm the model's predictions. The paper also examines the implications of the Solow model for convergence in standards of living -- that is, for whether poor countries tend to grow faster than rich countries. The evidence indicates that, holding population growth and capital accumulation constant, countries converge at about the rate the augmented Solow model predicts. | |
530 | _aHardcopy version available to institutional subscribers | ||
538 | _aSystem requirements: Adobe [Acrobat] Reader required for PDF files. | ||
538 | _aMode of access: World Wide Web. | ||
588 | 0 | _aPrint version record | |
690 | 7 |
_aE - Macroeconomics and Monetary Economics _2Journal of Economic Literature class. |
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700 | 1 | _aRomer, David. | |
700 | 1 |
_aWeil, David N. _922710 |
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710 | 2 | _aNational Bureau of Economic Research. | |
830 | 0 |
_aWorking Paper Series (National Bureau of Economic Research) _vno. w3541. |
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856 | 4 | 0 | _uhttps://www.nber.org/papers/w3541 |
856 |
_yAcceso en lĂnea al DOI _uhttp://dx.doi.org/10.3386/w3541 |
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_2ddc _cW-PAPER |
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_c344972 _d303534 |