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Economic policy and the dynamics of growth

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  • Sebastián Edwards

Abstract

I this paper I deal with some of the most important policy issues related to economic growth theory, and I argue that the recent literature in the field have been almost silent with respect to some of the most important concerns among policy makers. I also argue that measurement problems plague the empirical applications of the new theories, reducing greatly their degree of persuasiveness, in particular when it comes to measuring trade policy. I end my discussion by briefly tackling the relationship between politics, savings and growth.

Suggested Citation

  • Sebastián Edwards, 1996. "Economic policy and the dynamics of growth," Estudios de Economia, University of Chile, Department of Economics, vol. 23(2 Year 19), pages 137-155, December.
    • Handle: RePEc:udc:esteco:v:23:y:1996:i:2:p:137-155
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    File URL: http://www.econ.uchile.cl/uploads/publicacion/782af57a-8900-41d7-9f18-57361d3d9208.pdf
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    References listed on IDEAS

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    1. Holger C. Wolf, 1993. "Trade orientation measurement and consequences," Estudios de Economia, University of Chile, Department of Economics, vol. 20(esp Year ), pages 49-86, june.
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    Cited by:

    1. Petreski, Marjan, 2009. "Exchange-rate regime and economic growth: a review of the theoretical and empirical literature," Economics Discussion Papers 2009-31, Kiel Institute for the World Economy (IfW Kiel).
    2. Marjan Petreski, 2009. "A Critique On Inflation Targeting," Journal Articles, Center For Economic Analyses, pages 11-24, December.
    3. Petreski, Marjan, 2009. "Analysis of exchange-rate regime effect on growth: theoretical channels and empirical evidence with panel data," Economics Discussion Papers 2009-49, Kiel Institute for the World Economy (IfW Kiel).

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    Keywords

    Economic policy; growth.;

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