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Abstract
In this paper we reassess the standard Solow growth model, using a dynamic panel data
approach. A new methodology is chosen to deal with this problem. First, unit root tests for
individual country time series were run. Second, panel data unit root and cointegration
tests were performed. Finally, the panel cointegration dynamics is estimated by (DOLS)
method. The resulting evidence supports roughly one-third capital share in income, a.