Externalities and interdependent growth: Theory and evidence
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- dc.contributor.author Ciccone, Antonioca
- dc.contributor.other Universitat Pompeu Fabra. Departament d'Economia i Empresa
- dc.date.accessioned 2017-07-26T10:50:43Z
- dc.date.available 2017-07-26T10:50:43Z
- dc.date.issued 1996-10-01
- dc.date.modified 2017-07-23T02:02:49Z
- dc.description.abstract I formulate and estimate a model of externalities within countries and technological interdependence across countries. I find that external returns to scale to physical capital within countries are 8 percent; that a 10 percent increase of total factor productivity of a country's neighbors raises its total factor productivity by 6 percent; and that a 2 percent annual growth rate of labor productivity can be explained as an endogenous response to an exogenous 0.2 percent annual growth rate of total factor productivity in the steady--state.
- dc.format.mimetype application/pdfca
- dc.identifier https://econ-papers.upf.edu/ca/paper.php?id=194
- dc.identifier.uri http://hdl.handle.net/10230/947
- dc.language.iso eng
- dc.relation.ispartofseries Economics and Business Working Papers Series; 194
- dc.rights L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons
- dc.rights.accessRights info:eu-repo/semantics/openAccess
- dc.rights.uri http://creativecommons.org/licenses/by-nc-nd/3.0/es/
- dc.subject.keyword spatial externalities
- dc.subject.keyword growth regressions
- dc.subject.keyword exogenous growth versus endogenous growth
- dc.subject.keyword human versus physical capital externalities
- dc.subject.keyword Macroeconomics and International Economics
- dc.title Externalities and interdependent growth: Theory and evidenceca
- dc.type info:eu-repo/semantics/workingPaper