English, Article, Journal or magazine article edition: How do national policies affect long-run growth? : a research agenda Easterly, William; King, Robert; Levine, Ross; ...

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/117887
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • How do national policies affect long-run growth? : a research agenda
Author
  • Easterly, William
  • King, Robert
  • Levine, Ross
  • Rebelo, Sergio
Physical Description
  • preprint
Notes
  • The authors suggest that there are important opportunities to empirically evaluate the theoretically predicted channels from policy to growth. They propose a research agenda based on the endogenous growth literature, designed to address the questions: How do national policies affect long-run growth? Which policies strongly affect long-run growth? Do policies explain why some poor countries have stagnated and others have advanced? Do policies explain successive periods of rapid growth and stagnation in the same country? And to what extent do national policies rather than external influences explain the stagnation of many countries in Africa, Latin America, and Asia in the 1980s? The authors discuss five national policies: fiscal policy; monetary policy; trade intervention; financial policies; and openness to foreign capital. Their analytical framework is based on the simple idea that all factors of production can be increased by investing in human or physical capital. Economic growth will be related to policies that affect the incentive to invest and the efficient use of capital and intermediate inputs. Such a framework can be used to consider which policies affect the long-run growth rate rather than affecting simply the level of income once and for all.
  • Governance Indicators,Economic Conditions and Volatility,Achieving Shared Growth,Environmental Economics&​Policies,Economic Growth
  • RePEc:wbk:wbrwps:794
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment