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When Does Domestic Saving Matter for Economic Growth?

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NBER2006-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w12275
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Can a country grow faster by saving more? We address this question both theoretically and empirically. In our model, growth results from innovations that allow local sectors to catch up with the frontier technology. In relatively poor countries, catching up with the frontier requires the involvement
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2006-06-01
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