The empirics of the Solow Growth Model: Long-term evidence
| Autor: | Barossi-Filho, Milton, Goncalves Silva, Ricardo, Diniz, Eliezer Martins |
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| Jazyk: | angličtina |
| Rok vydání: | 2005 |
| Předmět: | |
| DOI: | 10.22004/ag.econ.37227 |
| Popis: | In this paper we reassess the standard Solow growth model, using a dynamic panel data approach. A new methodology is chosen to deal with this problem. First, unit root tests for individual country time series were run. Second, panel data unit root and cointegration tests were performed. Finally, the panel cointegration dynamics is estimated by (DOLS) method. The resulting evidence supports roughly one-third capital share in income, a. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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