Exogenous and endogenous models of economic growth

Damian Mark Brindley

    Research output: ThesisMaster's Thesis

    5 Downloads (Pure)

    Abstract

    The focus of this thesis is the examination of cross-country and time series
    data to distinguish between specific classes of exogenous and endogenous
    models of economic growth. Chapter 1 describes the broad trends in the
    data, emphasising the wide variation in growth rates, both cross-country and
    over time. Chapter 2 investigates the theoretical models of growth, focusing
    on the differences between exogenous and endogenous specifications.
    Chapter 3 surveys the empirical literature relating to cross-country estimates
    of growth. Four related issues are addressed, namely convergence, human
    capital, physical capital, and the role of government policy. It is argued that
    this evidence is insufficient to differentiate between exogenous and
    endogenous models of growth. Chapter 4 presents new time series evidence,
    based on data in Maddison (1993) for 8 industrialised countries.
    Specifically, it examines the properties of output series to test between
    stochastic variants of Solow's (1956) neoclassical, exogenous growth model,
    and Rebelo's (1991) constant returns, endogenous model of economic
    growth. Chapter 5 presents the conclusions of this thesis.
    Original languageEnglish
    QualificationMasters
    Awarding Institution
    • The University of Western Australia
    DOIs
    Publication statusUnpublished - 1995

    Fingerprint

    Economic growth
    Evidence-based
    Human capital
    Role of government
    Government policy
    Physical capital
    Developed countries
    Exogenous growth model

    Bibliographical note

    This thesis has been made available in the UWA Profiles and Research Repository as part of a UWA Library project to digitise and make available theses completed before 2003. If you are the author of this thesis and would like it removed from the UWA Profiles and Research Repository, please contact digitaltheses-lib@uwa.edu.au

    Cite this

    @phdthesis{78e6258babf742e9ad5caf4d55d48d83,
    title = "Exogenous and endogenous models of economic growth",
    abstract = "The focus of this thesis is the examination of cross-country and time seriesdata to distinguish between specific classes of exogenous and endogenousmodels of economic growth. Chapter 1 describes the broad trends in thedata, emphasising the wide variation in growth rates, both cross-country andover time. Chapter 2 investigates the theoretical models of growth, focusingon the differences between exogenous and endogenous specifications.Chapter 3 surveys the empirical literature relating to cross-country estimatesof growth. Four related issues are addressed, namely convergence, humancapital, physical capital, and the role of government policy. It is argued thatthis evidence is insufficient to differentiate between exogenous andendogenous models of growth. Chapter 4 presents new time series evidence,based on data in Maddison (1993) for 8 industrialised countries.Specifically, it examines the properties of output series to test betweenstochastic variants of Solow's (1956) neoclassical, exogenous growth model,and Rebelo's (1991) constant returns, endogenous model of economicgrowth. Chapter 5 presents the conclusions of this thesis.",
    author = "Brindley, {Damian Mark}",
    note = "This thesis has been made available in the UWA Profiles and Research Repository as part of a UWA Library project to digitise and make available theses completed before 2003. If you are the author of this thesis and would like it removed from the UWA Profiles and Research Repository, please contact digitaltheses-lib@uwa.edu.au",
    year = "1995",
    doi = "10.26182/5c89f390789f7",
    language = "English",
    school = "The University of Western Australia",

    }

    Brindley, DM 1995, 'Exogenous and endogenous models of economic growth', Masters, The University of Western Australia. https://doi.org/10.26182/5c89f390789f7

    Exogenous and endogenous models of economic growth. / Brindley, Damian Mark.

    1995.

    Research output: ThesisMaster's Thesis

    TY - THES

    T1 - Exogenous and endogenous models of economic growth

    AU - Brindley, Damian Mark

    N1 - This thesis has been made available in the UWA Profiles and Research Repository as part of a UWA Library project to digitise and make available theses completed before 2003. If you are the author of this thesis and would like it removed from the UWA Profiles and Research Repository, please contact digitaltheses-lib@uwa.edu.au

    PY - 1995

    Y1 - 1995

    N2 - The focus of this thesis is the examination of cross-country and time seriesdata to distinguish between specific classes of exogenous and endogenousmodels of economic growth. Chapter 1 describes the broad trends in thedata, emphasising the wide variation in growth rates, both cross-country andover time. Chapter 2 investigates the theoretical models of growth, focusingon the differences between exogenous and endogenous specifications.Chapter 3 surveys the empirical literature relating to cross-country estimatesof growth. Four related issues are addressed, namely convergence, humancapital, physical capital, and the role of government policy. It is argued thatthis evidence is insufficient to differentiate between exogenous andendogenous models of growth. Chapter 4 presents new time series evidence,based on data in Maddison (1993) for 8 industrialised countries.Specifically, it examines the properties of output series to test betweenstochastic variants of Solow's (1956) neoclassical, exogenous growth model,and Rebelo's (1991) constant returns, endogenous model of economicgrowth. Chapter 5 presents the conclusions of this thesis.

    AB - The focus of this thesis is the examination of cross-country and time seriesdata to distinguish between specific classes of exogenous and endogenousmodels of economic growth. Chapter 1 describes the broad trends in thedata, emphasising the wide variation in growth rates, both cross-country andover time. Chapter 2 investigates the theoretical models of growth, focusingon the differences between exogenous and endogenous specifications.Chapter 3 surveys the empirical literature relating to cross-country estimatesof growth. Four related issues are addressed, namely convergence, humancapital, physical capital, and the role of government policy. It is argued thatthis evidence is insufficient to differentiate between exogenous andendogenous models of growth. Chapter 4 presents new time series evidence,based on data in Maddison (1993) for 8 industrialised countries.Specifically, it examines the properties of output series to test betweenstochastic variants of Solow's (1956) neoclassical, exogenous growth model,and Rebelo's (1991) constant returns, endogenous model of economicgrowth. Chapter 5 presents the conclusions of this thesis.

    U2 - 10.26182/5c89f390789f7

    DO - 10.26182/5c89f390789f7

    M3 - Master's Thesis

    ER -