Gateway to Think Tanks
来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP2523 |
DP2523 Industrial Employment, Investment Equipment and Economic Growth | |
Harris Dellas | |
发表日期 | 2000-08-29 |
出版年 | 2000 |
语种 | 英语 |
摘要 | This paper proposes an empirical growth model which is consistent with a stochastic steady-state labour productivity level varying over time and across countries, where the disequilibrium mechanism leading to long-run equilibrium follows a nonlinear equilibrium correction model. Using data for the G7 economies during the postwar period since 1950, the empirical analysis yields a long-run model which implies plausible estimates of the production function parameters. Postwar economic growth in each of the G7 countries appears to be well characterized by a nonlinear equilibrium correction model where the dynamic adjustment towards long-run equilibrium is governed by a logistic function, while also capturing spillover effects in growth dynamics. |
主题 | International Macroeconomics |
关键词 | Economic growth Nonlinear dynamics Equilibrium correction Spillover |
URL | https://cepr.org/publications/dp2523 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531599 |
推荐引用方式 GB/T 7714 | Harris Dellas. DP2523 Industrial Employment, Investment Equipment and Economic Growth. 2000. |
条目包含的文件 | 条目无相关文件。 |
个性服务 |
推荐该条目 |
保存到收藏夹 |
导出为Endnote文件 |
谷歌学术 |
谷歌学术中相似的文章 |
[Harris Dellas]的文章 |
百度学术 |
百度学术中相似的文章 |
[Harris Dellas]的文章 |
必应学术 |
必应学术中相似的文章 |
[Harris Dellas]的文章 |
相关权益政策 |
暂无数据 |
收藏/分享 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。