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(PDF) A contribution to the empirics of economic growth | Chengetai Munjoma Chinguwa - Academia.edu

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ds2-5-body-link" href="https://www.academia.edu/54336771/Testing_the_Validity_of_the_Solow_Growth_Model_Empirical_Evidence_from_Cross_Country_Panel_Data">Testing the Validity of the Solow Growth Model: Empirical Evidence from Cross-Country Panel Data</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="35889471" href="https://independent.academia.edu/RichardEdeme">Richardson Kojo Edeme</a></div><p class="ds-related-work--metadata ds2-5-body-xs">American Economic &amp; Social Review</p><p class="ds-related-work--abstract ds2-5-body-sm">This study seeks to test for the validity of the Solow growth model using cross-country panel data. Panel OLS analysis was adopted following an extensive review of recent and related literature with output-side of the real GDP as the dependent variable with other variables like population, capital stock and employment as the independent. However, population and capital stock are positively impacting the output with statistically significant value, while employment is not an important variable in the model even though it exhibits a negative and statistically significant effect to the output. In conclusion, the estimation result conforms the postulations of the basic Solow and augmented Solow growth model thereby validating the Solow model across-countries.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Testing the Validity of the Solow Growth Model: Empirical Evidence from Cross-Country Panel Data&quot;,&quot;attachmentId&quot;:70750013,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/54336771/Testing_the_Validity_of_the_Solow_Growth_Model_Empirical_Evidence_from_Cross_Country_Panel_Data&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/54336771/Testing_the_Validity_of_the_Solow_Growth_Model_Empirical_Evidence_from_Cross_Country_Panel_Data"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div><div class="ds-related-work--container js-wsj-grid-card" data-collection-position="9" data-entity-id="37556272" data-sort-order="default"><a class="ds-related-work--title js-wsj-grid-card-title ds2-5-body-md ds2-5-body-link" href="https://www.academia.edu/37556272/Human_capital_growth_and_speed_of_convergence_Evidence_from_African_economies_with_Augmented_Solow_Model">Human capital, growth, and speed of convergence: Evidence from African economies with Augmented Solow Model</a><div class="ds-related-work--metadata"><a class="js-wsj-grid-card-author ds2-5-body-sm ds2-5-body-link" data-author-id="49307980" href="https://um5ac.academia.edu/OUMANSOURNoreddine">OUMANSOUR Nor-eddine</a></div><p class="ds-related-work--metadata ds2-5-body-xs">2018</p><p class="ds-related-work--abstract ds2-5-body-sm">This research initiated in this paper may be improved in two directions. First, refine the measure of the human capital available in a country to take account of its different dimensions such its stock, its use, its quality, its structure, and its return. Second, compare the results obtained using the augmented Solow model with those obtained by estimating specifications derived from endogenous growth models.</p><div class="ds-related-work--ctas"><button class="ds2-5-text-link ds2-5-text-link--inline js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;wsj-grid-card-download-pdf-modal&quot;,&quot;work_title&quot;:&quot;Human capital, growth, and speed of convergence: Evidence from African economies with Augmented Solow Model&quot;,&quot;attachmentId&quot;:57532627,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;work_url&quot;:&quot;https://www.academia.edu/37556272/Human_capital_growth_and_speed_of_convergence_Evidence_from_African_economies_with_Augmented_Solow_Model&quot;,&quot;alternativeTracking&quot;:true}"><span class="material-symbols-outlined" style="font-size: 18px" translate="no">download</span><span class="ds2-5-text-link__content">Download free PDF</span></button><a class="ds2-5-text-link ds2-5-text-link--inline js-wsj-grid-card-view-pdf" href="https://www.academia.edu/37556272/Human_capital_growth_and_speed_of_convergence_Evidence_from_African_economies_with_Augmented_Solow_Model"><span class="ds2-5-text-link__content">View PDF</span><span class="material-symbols-outlined" style="font-size: 18px" translate="no">chevron_right</span></a></div></div></div></div><div class="ds-sticky-ctas--wrapper js-loswp-sticky-ctas hidden"><div class="ds-sticky-ctas--grid-container"><div class="ds-sticky-ctas--container"><button class="ds2-5-button js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;continue-reading-button--sticky-ctas&quot;,&quot;attachmentId&quot;:30922890,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}">See full PDF</button><button class="ds2-5-button ds2-5-button--secondary js-swp-download-button" data-signup-modal="{&quot;location&quot;:&quot;download-pdf-button--sticky-ctas&quot;,&quot;attachmentId&quot;:30922890,&quot;attachmentType&quot;:&quot;pdf&quot;,&quot;workUrl&quot;:null}"><span class="material-symbols-outlined" style="font-size: 20px" translate="no">download</span>Download PDF</button></div></div></div><div class="ds-below-fold--grid-container"><div class="ds-work--container js-loswp-embedded-document"><div class="attachment_preview" data-attachment="Attachment_30922890" style="display: none"><div class="js-scribd-document-container"><div class="scribd--document-loading js-scribd-document-loader" style="display: block;"><img alt="Loading..." src="//a.academia-assets.com/images/loaders/paper-load.gif" /><p>Loading Preview</p></div></div><div style="text-align: center;"><div class="scribd--no-preview-alert js-preview-unavailable"><p>Sorry, preview is currently unavailable. 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