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• W3123217993 abstract "The paper proposes a new test of endogenous vs. exogenous growth theories based on the Granger-causality methodology and applies it to a panel of 20 OECD countries. The test yields divergent evidence with respect to physical and human capital. For physical capital, the test results favor Solow-type exogenous growth theory over AK-type endogenous growth models. On the other hand, the test results lend support to human capital oriented endogenous growth models - like the Uzawa-Lucas model - rather than to the human capital augmented Solow model." @default.
• W3123217993 created "2021-02-01" @default.
• W3123217993 creator A5006247194 @default.
• W3123217993 date "2009-01-01" @default.
• W3123217993 modified "2023-09-23" @default.
• W3123217993 title "A Panel Granger-Causality Test of Endogenous vs. Exogenous Growth" @default.
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• W3123217993 doi "https://doi.org/10.2139/ssrn.1436383" @default.
• W3123217993 hasPublicationYear "2009" @default.
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