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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP6838 |
DP6838 Testing a DSGE Model of the EU Using Indirect Inference | |
Patrick Minford; Michael R. Wickens; David Meenagh | |
发表日期 | 2008-06-23 |
出版年 | 2008 |
语种 | 英语 |
摘要 | This paper surveys the extensive literature on European economic growth since 1950. It presents an overview of comparative growth performance together with benchmarked growth accounting estimates. The growth experience is considered in terms of three periods, the Golden Age of 1950-73, the Growth Slowdown of 1973-1995, and the New Economy period since the mid-1990s, both across countries and across regions. The key conclusion is that study of the historical record underlines the importance of incentive structures for growth outcomes while sustaining growth performance over the long run requires the (often difficult) adaptation of institutions and policies as catch up becomes more complete and new technological epochs arrive. |
主题 | International Macroeconomics |
关键词 | Catch-up growth Golden age Ict Slowdown Total factor productivity |
URL | https://cepr.org/publications/dp6838 |
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/535710 |
推荐引用方式 GB/T 7714 | Patrick Minford,Michael R. Wickens,David Meenagh. DP6838 Testing a DSGE Model of the EU Using Indirect Inference. 2008. |
条目包含的文件 | 条目无相关文件。 |
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