Solow vs. Solow: Notes on Identification and Interpretation in the Empirics of Growth and Development

@article{Gundlach2005SolowVS,
  title={Solow vs. Solow: Notes on Identification and Interpretation in the Empirics of Growth and Development},
  author={E. Gundlach},
  journal={Review of World Economics},
  year={2005},
  volume={141},
  pages={541-556}
}
  • E. Gundlach
  • Published 2005
  • Economics
  • Review of World Economics
  • Most empirical studies of long-run growth refer to one of the two seminal contributions by Robert Solow in 1956 and 1957. His work shows that in order to estimate the relative roles of factor accumulation and technology in development, an a priori identification assumption is needed about the nature of technical change. This specific assumption differs across the two Solow papers. I show that starting with the identification assumption made by Solow in 1956, one should expect to find that… CONTINUE READING
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