 Cross-Country Growth RegressionsJess Benhabib and Mark Spiegel Working Papers from C.V. Starr Center for Applied Economics, New York University Abstract: A large literature has identified a variety of "ancillary variables", such as political instability, income distribution, and financial development as important determinants of income growth in cross-sectional studies. This leaves open the question of whether these variables influence growth through their effect on rates of factor accumulation or their influence on total factor productivity growth. This paper addressses this question by examining whether "primitives", or rates of factor accumulation, are sufficient statistics for economic growth, and whether the ancillary variables found in the literature do enter in the determination of physical and human capital accumulation rates. Keywords: ECONOMIC GROWTH; HUMAN CAPITAL; MACROECONOMICS; LABOUR; DEMOGRAPHY; EDUCATION; INCOME DISTRIBUTION (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:cvs:starer:97-20 Ordering information: This working paper can be ordered from Access Statistics for this paper More papers in Working Papers from C.V. Starr Center for Applied Economics, New York University C.V. Starr Center, Department of Economics, New York University, 19 W. 4th Street, 6th Floor, New York, NY 10012. Contact information at EDIRC. |
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