Long-Run Policy Analysis and Long-Run Growth
Long-Run Policy Analysis and Long-Run Growth
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DOI：
10.1086/261764
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发表时间：
1990-04
影响因子：
8.2
通讯作者：
Sergio Rebelo
中科院分区：
文献类型：
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作者：
Sergio Rebelo
各国经济增长率的巨大差距是发展进程中最令人困惑的特点。本文描述了一类模型，其中这种异质性的增长经验，可以是跨国差异的政府政策的结果。这些差异也会刺激劳动力从增长缓慢的国家向增长迅速的国家迁移。在所考虑的模型中，尽管没有收益递增，但增长是内生的，因为有一个资本货物的“核心”，可以在没有土地等无法积累的因素的直接或间接贡献的情况下生产。
The wide cross-country disparity in rates of economic growth is the most puzzling feature of the development process. This paper describes a class of models in which this heterogeneity in growth experiences can be the result of cross-country differences in government policy. These differences can also create incentives for labor migration from slow-growing to fast-growing countries. In the models considered, growth is endogeneous despite the absence of increasing returns because there is a "core" of capital goods that can be produced without the direct or indirect contribution of factors that cannot be accumulated, such as land.