000 02197cam a22003377 4500
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.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w3541
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.
700 1 _aRomer, David.
700 1 _aWeil, David N.
_922710
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w3541.
856 4 0 _uhttps://www.nber.org/papers/w3541
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w3541
942 _2ddc
_cW-PAPER
999 _c344972
_d303534