It's not factor accumulation: stylized facts and growth models

dc.contributor.author	Easterly, William, 1957-
dc.contributor.author	Levine, Ross
dc.date.accessioned	2019-11-01T00:01:41Z
dc.date.available	2019-11-01T00:01:41Z
dc.date.issued	2002
dc.identifier.isbn	956-7421-137
dc.identifier.uri	https://hdl.handle.net/20.500.12580/3681
dc.description	The central problem in understanding economic development and growth is not, in fact, to understand the process by which an economy raises its savings rate and increases the rate of physical capital accumulation. Many development practitioners and researchers continue to target capital accumulation as the driving force in economic growth. This paper, however, presents evidence regarding the sources and patterns of economic growth, the patterns of factor flows, and the impact of national policies on economic growth that suggest that something other than capital accumulation is critical for understanding differences in economic growth and income across countries.
dc.format	.pdf
dc.format.extent	Sección o Parte de un Documento
dc.format.medium	p. 61-114
dc.language.iso	eng
dc.publisher	Banco Central de Chile
dc.relation.ispartof	Series on Central Banking, Analysis, and Economic Policies, no. 6
dc.rights	Attribution-NonCommercial-NoDerivs 3.0 Chile	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/3.0/cl/	*
dc.subject	MODELOS DE CRECIMIENTO (ECONOMÍA)	es_ES
dc.subject	DESARROLLO ECONÓMICO	es_ES
dc.title	It's not factor accumulation: stylized facts and growth models
dc.type.doc	Artículo
dc.file.name	BCCh-sbc-v06-p061_114

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