| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w4220 |
| 来源ID | Working Paper 4220 |
| Permanent International Productivity Growth Differentials in an Integrated Global Economy | |
| Willem H. Buiter; Kenneth M. Kletzer | |
| 发表日期 | 1992-11-01 |
| 出版年 | 1992 |
| 语种 | 英语 |
| 摘要 | The paper analyzes the role of differences in household behavior as a source of persistent and even permanent differences between national or regional productivity growth rates, when there are constant static returns to scale in production and costless international diffusion of technology. A binding self-financing constraint on human capital formation can account for permanent international productivity growth differentials. An alternative mechanism is the nontradedness of an essential input, such as human capital, in the growth process. Differences in national policies toward private saving (whether through lump-sum intergenerational redistribution or through the taxation of financial asset income), toward the subsidization of human capital formation (student loans) and toward the free provision of public sector inputs in the human capital formation process also influence the long-run growth differentials. |
| 主题 | Macroeconomics ; Fiscal Policy ; International Economics ; International Macroeconomics |
| URL | https://www.nber.org/papers/w4220 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/561577 |
| 推荐引用方式 GB/T 7714 | Willem H. Buiter,Kenneth M. Kletzer. Permanent International Productivity Growth Differentials in an Integrated Global Economy. 1992. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w4220.pdf（362KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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