The Long‐Run implications of Growth Theories
提醒增长理论中过度关注长期结果可能带来误解，导致对刀锋假设的过分强调，并可能产生不合理的证据解读或增长过程模型。
This paper draws attention to some possible misunderstandings concerning the place of long‐run outcomes in growth theory. It argues that the traditional emphasis on these outcomes is often misguided. As a result of this emphasis, too much attention is paid to the role of knife‐edge assumptions, and researchers may be led to interpretations of the evidence, or models of the growth process, that are not wholly sensible.