Why is Growth better in the United States than in other Industrial Countries

Martin Feldstein

No 23221, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Although the official statistics imply that the rate of growth of real GDP in the United States has declined in recent years, it has still been substantially higher than the real growth rates in Europe and the other industrial countries, leading to higher real per capita incomes. This paper discusses ten reasons for the higher rate of real economic growth.

JEL-codes: E6 E60 (search for similar items in EconPapers)
Date: 2017-03
New Economics Papers: this item is included in nep-gro and nep-mac
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Published as Martin Feldstein, 2017. "Why is growth better in the United States than in other industrial countries?," Journal of Policy Modeling, .

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