Now showing items 11-12 of 12
Testing production functions used in empirical growth studies
(Escola de Pós-Graduação em Economia da FGV, 2002-03-01)
We estimate and test two alternative functional forms representing the aggregate production function for a panel of countries: the extended neoclassical growth model, and a mincerian formulation of schooling-returns to ...
Testing the externalities hypothesis of endogenous growth using cointegration
(Escola de Pós-Graduação em Economia da FGV, 1994-04)
The initial endogenous growth models emphasized the importance of externaI effects in explaining sustainable growth across time. Empirically, this hypothesis can be confirmed if the coefficient of physical capital per hour ...