Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/20414
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dc.creatorSchiantarelli, Fabio-
dc.creatorLeblebicioglu, Asli-
dc.creatorBond, Steve-
dc.date2004-
dc.date.accessioned2013-10-16T07:10:25Z-
dc.date.available2013-10-16T07:10:25Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/20414-
dc.identifierppn:389180149-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/20414-
dc.descriptionWe present evidence that an increase in investment as a share of GDP predicts a higher growth rate of output per worker, not only temporarily, but also in the steady state. These results are found using pooled annual data for a large panel of countries, using pooled data for non-overlapping five-year periods, or allowing for heterogeneity across countries in regression coefficients. They are robust to model specifications and estimation methods. The evidence that investment has a long-run effect on growth rates is consistent with the main implication of certain endogenous growth models, such as the AK model.-
dc.languageeng-
dc.publisher-
dc.relationIZA Discussion paper series 1174-
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.subjectC23-
dc.subjectE22-
dc.subjectO40-
dc.subjectddc:330-
dc.subjectgrowth-
dc.subjectcapital accumulation-
dc.subjectinvestment-
dc.subjectInvestition-
dc.subjectWirtschaftswachstum-
dc.subjectArbeitsproduktivität-
dc.subjectSchätzung-
dc.subjectWelt-
dc.titleCapital Accumulation and Growth : A New Look at the Empirical Evidence-
dc.typedoc-type:workingPaper-
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