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The empirics of the Solow growth model: Long-term evidence

Milton Barossi-Filho, Ricardo Silva () and Eliezer Martins Diniz
Additional contact information
Milton Barossi-Filho: Department of Economics - FEA-RP / University of São Paulo - USP, http://www.fearp.usp.br/
Eliezer Martins Diniz: Department of Economics - FEA-RP / University of São Paulo - USP, http://www.fearp.usp.br/

Journal of Applied Economics, 2005, vol. 8, 31-51

Abstract: In this paper we reassess the standard Solow growth model, using a dynamic panel data approach. A new methodology is chosen to deal with this problem. First, unit root tests for individual country time series were run. Second, panel data unit root and cointegration tests were performed. Finally, the panel cointegration dynamics is estimated by (DOLS) method. The resulting evidence supports roughly one-third capital share in income, a.

Keywords: Economic growth; panel data; unit root; cointegration and convergence (search for similar items in EconPapers)
JEL-codes: O47 O50 O57 C33 C52 (search for similar items in EconPapers)
Date: 2005
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Working Paper: The Empirics of the Solow Growth Model: Long-Term Evidence (2005) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:cem:jaecon:v:8:y:2005:n:1:p:31-51

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