Les paradoxes de Lucas et Romer

Philippe Darreau and François Pigalle

Revue économique, 2008, vol. 59, issue 4, 843-851

Abstract: The paradoxes of Lucas and Romer relate to the theoretical coherence of the international differences in productivity of the factors of production. To solve these paradoxes, the assumption of externality of the physical capital seems better than the assumption of externality of the human capital generally retained in the economic literature. Classification JEL : O15, O47, O50, O30, N10

JEL-codes: N10 O15 O30 O47 O50 (search for similar items in EconPapers)
Date: 2008
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