Solow or Lucas?: Testing Growth Models Using Panel Data from OECD Countries
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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In this paper, we test whether the growth experience of a sample of OECD countries over the past three decades
is more consistent with the human-capital augmented Solow model of exogenous growth, or with an endogenous
growth model à la Uzawa-Lucas with constant returns to scale to “broad” (human and physical) capital. We exploit
the different...
