Long Run Economic Growth

These studies generally concluded that there is strong evidence in favour of export-led growth because export growth and income growth are highly correlated. This book contains nine articles by leading macroeconomists, growth theorists and econometricians who provide new empirical results, methodological developments and new interpretations of long-run economic growth findings. The topics covered include: the testable implications of various growth models, and identification of common trends, international trade and growth linkages, analysis of co-movements and convergence at regional levels of income, public services-growth, and money-growth linkages. In addition, an introduction to the focus and summary of the current research are presented.