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Does Policy Affect Growth?

Lutz Georg Arnold ()

FinanzArchiv: Public Finance Analysis, 1999, vol. 56, issue 2, pages 141-

Abstract: New growth theory is mainly concerned with the question of how the government can accelerate growth with suitable policies. This paper is concerned with the question of whether the government can influence the economy's long-run economic growth rate or not. The answer is probably no.

Date: 1999
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Persistent link: http://EconPapers.repec.org/RePEc:mhr:finarc:urn:sici:0015-2218(199906)56:2_141:dpag_2.0.tx_2-2

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