Testing the Uzawa–Lucas model with OECD data

Jochen Hartwig

Research in Economics, 2014, vol. 68, issue 2, 144-156

Abstract: The paper tests the Uzawa–Lucas model of endogenous growth using a modified Granger-causality test and panel data for 20 OECD countries. The results favour the human capital augmented endogenous growth model against both the exogenous growth model à la Solow and endogenous growth models of the AK type.

Keywords: Exogenous growth; Endogenous growth; Uzawa–Lucas model; OECD panel (search for similar items in EconPapers)
Date: 2014
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:reecon:v:68:y:2014:i:2:p:144-156

DOI: 10.1016/j.rie.2014.01.002

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