@article{54ba33c8e2594ccc90631da1aaffd923,
title = "On some criteria for the formulation and testing of economic growth models",
abstract = "This paper presents a methodology for the formulation and testing of economic growth models. The model selected includes two production sectors with physical and human capital accumulation. These capital stocks are associated with spillover effects in the production of the physical good and in the accumulation of both factors.",
keywords = "JEL Classification:E1, O3, O4, Key words:Basic facts, economic growth model, balanced growth path, calibration, testing",
author = "Santos, {Manuel S.}",
note = "Funding Information: This paper originated from an invited presentation for the XXV Symposium of the Spanish Economic Association, and it is based upon two previous essays (Carpena and Santos 2000 and Santos 2000) and on ongoing research with Fernando Garc{\'i}a-Belenguer. The paper was written in the Spring of 2001 while I was visiting the Department of Economics and the Institute Flores de Lemus of Universidad Carlos III de Madrid. I would like to thank both institutions for their hospitality, and Juan Jos{\'e} Dolado, Fernando Garc{\'i}a-Belenguer and Salvador Ortigueira for helpful conversations while crafting this manuscript. Financial support from the Spanish Ministry of Education (ref. SAB 1999-0133) and from Fundacion BBVA is gratefully acknowledged. Publisher Copyright: {\textcopyright} 2002, Springer-Verlag Berlin Heidelberg.",
year = "2002",
month = mar,
day = "1",
doi = "10.1007/s101080200037",
language = "English (US)",
volume = "4",
journal = "Spanish Economic Review",
issn = "1435-5469",
publisher = "Springer Verlag",
number = "1",
}
