Matches in SemOpenAlex for { <https://semopenalex.org/work/W3124365576> ?p ?o ?g. }
Showing items 1 to 85 of
85
with 100 items per page.
- W3124365576 abstract "The recent literature on the sources of economic growth has challenged the traditional growth accounting of the Solow model, which assigned a relatively limited role to capital deepening. As part of this literature, De Long and Summers have argued in two papers that the link between equipment investment and economic growth across countries is stronger than can be generated by the Solow model. Accordingly, they conclude that such investment yields important external benefits. However, their analysis suffers from two shortcomings. First, De Long and Summers have not conducted any formal statistical tests of the Solow model. Second, even their informal rejection of the model fails to survive reasonable tests of robustness. We formally test the predictions of the Solow model using De Long and Summers' data. Our results cast doubt on the existence of externalities to equipment investment. In particular, we find that the empirical link between investment and growth in the OECD countries is fully consistent with the Solow model. Moreover, for De Long and Summers' full sample, the evidence of excess returns to equipment investment is tenuous." @default.
- W3124365576 created "2021-02-01" @default.
- W3124365576 creator A5018638765 @default.
- W3124365576 creator A5046733698 @default.
- W3124365576 creator A5051097684 @default.
- W3124365576 date "1993-07-01" @default.
- W3124365576 modified "2023-09-24" @default.
- W3124365576 title "Reassessing the Social Returns to Equipment Investment" @default.
- W3124365576 hasPublicationYear "1993" @default.
- W3124365576 type Work @default.
- W3124365576 sameAs 3124365576 @default.
- W3124365576 citedByCount "3" @default.
- W3124365576 countsByYear W31243655762012 @default.
- W3124365576 countsByYear W31243655762017 @default.
- W3124365576 crossrefType "posted-content" @default.
- W3124365576 hasAuthorship W3124365576A5018638765 @default.
- W3124365576 hasAuthorship W3124365576A5046733698 @default.
- W3124365576 hasAuthorship W3124365576A5051097684 @default.
- W3124365576 hasConcept C104317684 @default.
- W3124365576 hasConcept C107694188 @default.
- W3124365576 hasConcept C120009192 @default.
- W3124365576 hasConcept C139719470 @default.
- W3124365576 hasConcept C149782125 @default.
- W3124365576 hasConcept C156436729 @default.
- W3124365576 hasConcept C16118543 @default.
- W3124365576 hasConcept C162324750 @default.
- W3124365576 hasConcept C175444787 @default.
- W3124365576 hasConcept C17744445 @default.
- W3124365576 hasConcept C185592680 @default.
- W3124365576 hasConcept C198531522 @default.
- W3124365576 hasConcept C199539241 @default.
- W3124365576 hasConcept C204983608 @default.
- W3124365576 hasConcept C27548731 @default.
- W3124365576 hasConcept C2983335520 @default.
- W3124365576 hasConcept C43617362 @default.
- W3124365576 hasConcept C55493867 @default.
- W3124365576 hasConcept C63479239 @default.
- W3124365576 hasConcept C94625758 @default.
- W3124365576 hasConceptScore W3124365576C104317684 @default.
- W3124365576 hasConceptScore W3124365576C107694188 @default.
- W3124365576 hasConceptScore W3124365576C120009192 @default.
- W3124365576 hasConceptScore W3124365576C139719470 @default.
- W3124365576 hasConceptScore W3124365576C149782125 @default.
- W3124365576 hasConceptScore W3124365576C156436729 @default.
- W3124365576 hasConceptScore W3124365576C16118543 @default.
- W3124365576 hasConceptScore W3124365576C162324750 @default.
- W3124365576 hasConceptScore W3124365576C175444787 @default.
- W3124365576 hasConceptScore W3124365576C17744445 @default.
- W3124365576 hasConceptScore W3124365576C185592680 @default.
- W3124365576 hasConceptScore W3124365576C198531522 @default.
- W3124365576 hasConceptScore W3124365576C199539241 @default.
- W3124365576 hasConceptScore W3124365576C204983608 @default.
- W3124365576 hasConceptScore W3124365576C27548731 @default.
- W3124365576 hasConceptScore W3124365576C2983335520 @default.
- W3124365576 hasConceptScore W3124365576C43617362 @default.
- W3124365576 hasConceptScore W3124365576C55493867 @default.
- W3124365576 hasConceptScore W3124365576C63479239 @default.
- W3124365576 hasConceptScore W3124365576C94625758 @default.
- W3124365576 hasLocation W31243655761 @default.
- W3124365576 hasOpenAccess W3124365576 @default.
- W3124365576 hasPrimaryLocation W31243655761 @default.
- W3124365576 hasRelatedWork W1494327660 @default.
- W3124365576 hasRelatedWork W1511470574 @default.
- W3124365576 hasRelatedWork W1534000506 @default.
- W3124365576 hasRelatedWork W1564756631 @default.
- W3124365576 hasRelatedWork W1569764062 @default.
- W3124365576 hasRelatedWork W1591805536 @default.
- W3124365576 hasRelatedWork W1631566652 @default.
- W3124365576 hasRelatedWork W1655751667 @default.
- W3124365576 hasRelatedWork W1971711889 @default.
- W3124365576 hasRelatedWork W2123874352 @default.
- W3124365576 hasRelatedWork W2124660131 @default.
- W3124365576 hasRelatedWork W253315032 @default.
- W3124365576 hasRelatedWork W2923270890 @default.
- W3124365576 hasRelatedWork W2985716897 @default.
- W3124365576 hasRelatedWork W3109759284 @default.
- W3124365576 hasRelatedWork W3121940575 @default.
- W3124365576 hasRelatedWork W3122876256 @default.
- W3124365576 hasRelatedWork W3123531471 @default.
- W3124365576 hasRelatedWork W3126144309 @default.
- W3124365576 hasRelatedWork W3126458065 @default.
- W3124365576 isParatext "false" @default.
- W3124365576 isRetracted "false" @default.
- W3124365576 magId "3124365576" @default.
- W3124365576 workType "article" @default.