The Politicization of Growth Theory
审视新古典增长理论的主要特征,指出其对非OECD国家财富与贫困根源的解释力有限,并讨论政治、政策和制度安排如何影响经济绩效的实证研究进展。
In this essay I review the main features of neoclassical growth theory, with an eye to seeing what it has to say about the causes of wealth and poverty among nations.I argue that outside the OECD and a comparatively small circle of other countries, neoclassical models contribute little to identifying the deeper sources of cross-national patterns in growth and productivity.I then discuss recent advances in the empirical analysis of economic performance that feature the influence of politics, policy and institutional arrangements on entrepreneurship, innovation, investment and the efficiency with which factor inputs are transformed to output.