Apparent Solow- and Solow-like Technological Residuals and the Economic Performance of U.S. Native American Economies
Voxi Heinrich Amavilah
Development and Comp Systems from University Library of Munich, Germany
Abstract:
This paper decomposes the large regression residuals of income across 84 U.S. Native American economies (USNAEs) into Solow and Solow-like parts. Decomposition is accomplished algebraically. The calculations find a weak to negative correlation between income and Solow residuals, and a strong correlation between income and Solow-like residuals, especially those associated with human capital and external technology. It also finds that technological residuals are skewed towards high income USNAEs. The reason seems to be that high income USNAEs are better able to build human capital which supports the Nelson-Phelps channel for transmitting technology from external sources.
Keywords: performance; Solow-Solow-like technological residuals; U.S. Native American economies (USNAEs); infrastructure; superstructure; growth (search for similar items in EconPapers)
JEL-codes: C21 C31 C51 C53 D24 F43 J15 J24 O15 O40 O47 O51 O57 P17 P47 R23 R30 R38 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2004-06-12
New Economics Papers: this item is included in nep-geo
Note: Type of Document - wpd; pages: 30. Figures available on request if unclear. Comments please.
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Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpdc:0406004
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