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Is the natural rate of growth exogenous?A comment

Author

Listed:
  • Luciano Boggio

    (Universitˆ Cattolica del S. Cuore, Istituto di teoria economica e metodi quantitativi, Milano (Italy))

  • Gilberto Seravalli

    (Universitˆ degli Studi di Parma, Facoltˆ di Economia, Dipartimento di Economia, Parma (Italy))

Abstract

The authors comment a recent paper (Leon-Ledesma and Thirlwall 2000 Ð from now on LLT)in which an interesting issue is raised concerning the notion of the natural rate of growth, first proposed by Sir Roy Harrod (1939).

Suggested Citation

  • Luciano Boggio & Gilberto Seravalli, 2002. "Is the natural rate of growth exogenous?A comment," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 55(221), pages 219-227.
    • Handle: RePEc:psl:bnlqrr:2002:24
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/9909/9791
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    References listed on IDEAS

    as
    1. Miguel Leon-Ledesma & A.P. Thirlwall, 2007. "Is the Natural Rate of Growth Exogenous?," Chapters, in: Phillip Arestis & Michelle Baddeley & John S.L. McCombie (ed.), Economic Growth, chapter 4, Edward Elgar Publishing.
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    Cited by:

    1. Anthony Philip Thirlwall, 2012. "Balance of Payments Constrained Growth Models: History and Overview," Palgrave Macmillan Books, in: Elias Soukiazis & Pedro A. Cerqueira (ed.), Models of Balance of Payments Constrained Growth, chapter 1, pages 11-49, Palgrave Macmillan.
    2. Miguel A. León-Ledesma & Matteo Lanzafame, 2010. "The Endogenous Nature of the ‘Natural’ Rate of Growth," Chapters, in: Mark Setterfield (ed.), Handbook of Alternative Theories of Economic Growth, chapter 10, Edward Elgar Publishing.

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    More about this item

    Keywords

    Growth;

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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