From growth theory to policy design (English)

This paper focuses on how growth theory can guide growth policy design. It first argues that policy matters for growth, in particular when policy variables are interacted with country?specific variables (financial development, institutional environment, technological development, and so forth). Second, it argues that the Schumpeterian paradigm does a better job at delivering policy prescriptions that vary with country characteristics. Third, it discusses...

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Author

Aghion,Philippe;

Durlauf,Steven;
Document Date
2009/01/01
Document Type
Working Paper (Numbered Series)
Report Number
57756
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2010/12/08
Disclosure Status
Disclosed
Doc Name
From growth theory to policy design
Keywords
rate of return on capital

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Citation

Aghion,Philippe; Durlauf,Steven.

From growth theory to policy design (English). Commission on growth and development working paper ; no. 57 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/279301468150886957

From growth theory to policy design (English)

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