It takes the average reader and 39 minutes to read Testing the Neoclassical Theory of Economic Growth by Delano Villanueva
Assuming a reading speed of 250 words per minute. Learn more
Several recent empirical studies have examined determinants of economic growth using country average (cross-section) data. In contrast, this paper employs a technique for using a panel of both cross-section and time-series data for 98 industrial and developing countries over 1960-85 to determine the quantitative importance for economic growth of both country-specific and time-varying factors such as human capital, public investment, and outward-oriented trade policies. The empirical results provide support for the view that these factors exert a positive and significant influence on economic growth. They also provide estimates of the speed at which the gap in real per capita income between rich and poor countries is likely to be reduced over the longer term.
Testing the Neoclassical Theory of Economic Growth by Delano Villanueva is 38 pages long, and a total of 9,804 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Testing the Neoclassical Theory of Economic Growth aloud.
Testing the Neoclassical Theory of Economic Growth is suitable for students ages 8 and up.
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