Growth, Productivity, and the Rate of Returnon Capital

Growth, Productivity, and the Rate of Returnon Capital
This paper examines the ability of alternative classes of growth models to explain the historical experience of the U.S. economy. The potential returns to the U.S. from raising its investment rate in terms of both the level and growth rate of future output are then quantified. The long-run growth performance of the U.S. economy is found to be... READ MORE...

Publication date: May 1992
ISBN 9781451978407
$15.00

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