Does Policy Affect Growth?

Lutz Arnold ()

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