Testing for Endogenous Growth

Name: Testing for Endogenous Growth
Brand: VDM Verlag Dr. Müller
SKU: 9783639206838
Price: 51.01 EUR
Availability: InStock

Master's Thesis, University of St. Gallen, Switzerland

Автор: Michael Bauer

Език:

Корици: С меки корици

Издател: VDM Verlag Dr. Müller

Наличност: Налично при издателя, по поръчка

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Models of endogenous growth have strong empirical predictions about the determinants of technologica...

Информация за книгата

Автор

Michael Bauer

Език

Английски език

Корици

Книга - С меки корици

Издадена

2009

страници

EAN

9783639206838

Enbook ID

06828649

Издател

VDM Verlag Dr. Müller

Теглоt

130

Размери

150 x 220 x 5

Пълно описание

Models of endogenous growth have strong empirical predictions about the determinants of technological progress. This thesis details the implications of alternative R&D-based endogenous growth models, and then surveys the empirical literature that tests different aspects of this New Growth Theory. Numerous studies attempt to test the validity of endogenous growth models but come to very different conclusions, since varying hypotheses are considered. There are few rigorous and plausible empirical assessments of whether the determinants of technological progress conform to the predictions of the theory. I provide new evidence on the relevance of R&D intensity for economic growth, using dynamic panel data methods, thereby contributing to the empirical literature that finds support for R&D-based endogenous growth models.

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