On Some Criteria for the Formulation and Testing of Economic Growth Models
Manuel Santos ()
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Manuel Santos: W. P. Carey School of Business Department of Economics, http://wpcarey.asu.edu/Directory/stafffaculty.cfm?cobid=1039501
Working Papers from Department of Economics, W. P. Carey School of Business, Arizona State University
This paper presents a methodology for the formulation and testing of economic growth models. The model selected includes two production sectors with physical and human capital accumulation. These capital stocks are associated with spillover effects in the production of the physical good and in the accumulation of both factors.
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