Publication:
Applying Growth Theory across Countries

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creativeworkseries.issn1564-698X
dc.contributor.authorSolow, Robert M.
dc.date.accessioned2014-03-27T21:21:25Z
dc.date.available2014-03-27T21:21:25Z
dc.date.issued2001-05
dc.description.abstractThe potential problem of reverse causality has been obvious to everyone. It has usually been met with the standard econometric dodge: using lagged values of slow-moving variables as instruments. But this cannot be a serious solution to the problem. The causality issue points to a deeper question: Do cross-country regressions define a meaningful surface along which countries can move back and forth at will? If this is the idea, what mechanism could underlie such a surface? Brock and Durlauf call such a regression a 'model.' Reader suppose in a statistical sense it is. But an economic model should have some internal structure; its causal arrows should rest on some sort of behavioral mechanism, and that seems to be missing in this literature.en
dc.identifierhttp://documents.worldbank.org/curated/en/2001/05/17737093/applying-growth-theory-across-countries-learned-decade-empirical-research-growth
dc.identifier.citationWorld Bank Economic Review
dc.identifier.doi10.1596/17444
dc.identifier.urihttps://hdl.handle.net/10986/17444
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.relation.ispartofseriesWorld Bank Economic Review
dc.rightsCC BY-NC-ND 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/igo
dc.subjectAGGREGATE PRODUCTION FUNCTION
dc.subjectBASIC
dc.subjectBLACK MARKET
dc.subjectBLACK MARKET PREMIUM
dc.subjectBUSINESS CYCLES
dc.subjectCAPITAL-LABOR
dc.subjectCAPITAL-LABOR RATIO
dc.subjectCOMPONENTS
dc.subjectCOMPUTER POWER
dc.subjectCONSTANT RETURNS
dc.subjectCONSTANT RETURNS TO SCALE
dc.subjectCOUNTRY REGRESSIONS
dc.subjectCROSS-COUNTRY PANEL
dc.subjectCROSS-COUNTRY REGRESSION
dc.subjectCROSS-COUNTRY STUDIES
dc.subjectDEMAND-SIDE
dc.subjectDEVELOPING COUNTRIES
dc.subjectDYNAMIC MODEL
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC INCENTIVES
dc.subjectECONOMIC POLICY
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC REVIEW
dc.subjectECONOMICS
dc.subjectEMPIRICAL RESEARCH
dc.subjectEMPIRICAL WORK
dc.subjectENDOGENOUS GROWTH
dc.subjectGROWTH PATH
dc.subjectGROWTH RATE
dc.subjectGROWTH REGRESSION
dc.subjectGROWTH REGRESSIONS
dc.subjectGROWTH THEORY
dc.subjectINDUSTRIAL ECONOMY
dc.subjectINEQUALITY
dc.subjectINSTRUMENTAL RATIONALITY
dc.subjectLAGGED VALUES
dc.subjectMARKET ECONOMY
dc.subjectNATIONAL ECONOMY
dc.subjectNATIONAL INCOME
dc.subjectNEW TECHNOLOGY
dc.subjectOBSERVED GROWTH
dc.subjectOUTPUT GROWTH
dc.subjectPLANNED ECONOMY
dc.subjectPOLICY RESEARCH
dc.subjectPOOR COUNTRIES
dc.subjectPOTENTIAL OUTPUT
dc.subjectPRIMARY PRODUCERS
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectRESOURCE ALLOCATION
dc.subjectSTICKY PRICES
dc.subjectTECHNICAL PROGRESS
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTECHNOLOGICAL KNOWLEDGE
dc.subjectTFP
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.titleApplying Growth Theory across Countriesen
dc.typeJournal Articleen
dc.typeArticle de journalfr
dc.typeArtículo de revistaes
dspace.entity.typePublication
okr.crosscuttingsolutionareaJobs
okr.date.disclosure2013-05-21
okr.date.doiregistration2025-05-06T11:38:41.063003Z
okr.doctypePublications & Research::Journal Article
okr.docurlhttp://documents.worldbank.org/curated/en/2001/05/17737093/applying-growth-theory-across-countries-learned-decade-empirical-research-growth
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticePoverty
okr.globalpracticeTrade and Competitiveness
okr.guid187311468149397233
okr.identifier.externaldocumentum000333037_20130521123228
okr.identifier.internaldocumentum17737093
okr.identifier.report77351
okr.journal.nbpages283-288
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/05/21/000333037_20130521123228/Rendered/PDF/773510JRN020010ory0across0Countries.pdfen
okr.peerreviewAcademic Peer Review
okr.topicTechnology Industry
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPoverty Reduction::Inequality
okr.topicEconomic Theory and Research
okr.topicPoverty Reduction::Achieving Shared Growth
okr.topicIndustry
okr.unitPacific Islands Sustainable Dev (EASNS)
okr.volume15(2)
relation.isJournalIssueOfPublicationa7f5b003-9830-4eee-a7c5-076725d16fd7
relation.isJournalIssueOfPublication.latestForDiscoverya7f5b003-9830-4eee-a7c5-076725d16fd7
relation.isJournalOfPublicationc41eae2f-cf94-449d-86b7-f062aebe893f
relation.isJournalVolumeOfPublication673503d1-2849-439f-b8d7-fbe5192e8881
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