The Level and Growth Effects in the Empirics of Economic Growth : Some Results with Data from Guatemala

Mankiw et al. (1992) have extended the Solow (1956) model by augmenting the production function with human capital. Its empirical success is impressive and it showed a procedure to improve the explanatory power of the neoclassical growth model. This article suggests an empirical procedure to further...

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Bibliographic Details
Main Authors: Rao, B. Bhaskara, Gounder, Rukmini, Loening, Josef L.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4860