A panel granger-causality test of endogenous vs. exogenous growth

Research, Preprint English OPEN
Hartwig, Jochen;
  • Publisher: Zurich: ETH Zurich, KOF Swiss Economic Institute
  • Related identifiers: doi: 10.3929/ethz-a-005861211
  • Subject: Exogenous growth | Mathematics | C12 | C23 | Kausalanalyse | O41 | Economics | ECONOMETRICS AND ECONOMETRIC MODELS (OPERATIONS RESEARCH); ÖKONOMETRIE UND ÖKONOMETRISCHE MODELLE (OPERATIONS RESEARCH); ECONOMIC GROWTH; WIRTSCHAFTSWACHSTUM | Solow-Modell | endogenous growth | panel Granger-causality tests | Neue Wachstumstheorie | Panel | OECD-Staaten
    • ddc: ddc:330 | ddc:510

The paper proposes a new test of endogenous vs. exogenous growth theories based on the Granger-causality methodology and applies it to a panel of 20 OECD countries. The test yields divergent evidence with respect to physical and human capital. For physical capital, the ... View more
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