D'Adda, C. ; Scorcu, A. E. (2002) On the time stability of the output-capital ratio.
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Abstract
This paper is concerned with the role of the output-capital ratio in growth models. In the first part we highlight the behaviour of the output-capital ratio along the balanced growth path in the models of Solow (1956) and Romer (1986). In the second part we assess the stability of the ratio for some industrial countries.
| Document type: | Monograph (Working Paper) |
|---|---|
| Uncontrolled Keywords: | growth output-capital ratio cointegration endogenous break |
| Subjects: | Area 13 - Scienze economiche e statistiche > SECS-P/01 Economia politica |
| Depositato da: | CIB Staff |
| Depositato il: | 17 Jun 2004 |
| Last modified: | 16 May 2011 13:33 |
Solo per lo Staff dell Archivio: Gestione del documento
