Good policy or good luck? | RDL Research Database

Keywords

LuckEconomicsVariance (accounting)Growth modelEconometricsMacroeconomicsMonetary economics

Affiliated Institutions

Related Publications

Government spending and economic growth

Steven A. Y. Lin

Abstract This study reviewed recent empirical studies providing fresh evidence of the impact of government spending on economic growth. It is followed by a new theoretical synth...

1994 Applied Economics 211 citations

The Poverty of Nations: A Quantitative Investigation

V. V. Chari , Patrick J. Kehoe , Ellen R. McGrattan

We ask what fraction of the variation in incomes across countries can be accounted for by investment distortions. In our neoclassical growth model the relative price of investme...

1997 32 citations

Increasing Returns and Long-Run Growth

Paul Romer

This paper presents a fully specified model of long-run growth in which knowledge is assumed to be an input in production that has increasing marginal productivity. It is essent...

1986 Journal of Political Economy 19485 citations

Determinants of Current Account Deficits in Developing Countries

César Calderón , Alberto Chong , Norman Loayza

The objective of this paper is to provide an exhaustive characterization of the empirical linkage between current account deficits and a broad set of economic variables proposed...

2002 Contributions in Macroeconomics 218 citations

A Contribution to the Empirics of Economic Growth

N. Gregory Mankiw , Daniel Römer , David Weil

This paper examines whether the Solow growth model is consistent with the international variation in the standard of living. It shows that an augmented Solow model that includes...

1992 The Quarterly Journal of Economics 14842 citations

Publication Info

Year: 1993
Type: article
Volume: 32
Issue: 3
Pages: 459-483
Citations: 558
Access: Closed

External Links

View on DOI.org

Social Impact

Altmetric

Good policy or good luck?

PlumX Metrics

Social media, news, blog, policy document mentions

Citation Metrics

558

OpenAlex

Cite This

APA Style

                            
                                
                                    William Easterly, 
                                
                                    Michael Kremer, 
                                
                                    Lant Pritchett
                                
                                et al.
                            
                            (1993). 
                            Good policy or good luck?. 
                            Journal of Monetary Economics
                            , 32
                            (3)
                            , 459-483.
                            https://doi.org/10.1016/0304-3932(93)90026-c
                        

Identifiers

DOI: 10.1016/0304-3932(93)90026-c