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Policy Distortions, Size of Government, and Growth

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NBER1989-12-01 更新2025-01-04 收录
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This paper analyzes the structural relationship between policies that distort resource allocation and long-ten growth. It first reviews briefly the Solow model in which steady-state growth depends only on exogenous technological change. Policy distortions do affect the rate of growth in the

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1989-12-01
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