Nowak-Lehmann, Felicitas D.

[["dc.bibliographiccitation.firstpage","59"],["dc.bibliographiccitation.issue","1"],["dc.bibliographiccitation.journal","Revista de Análisis Económico (RAE)"],["dc.bibliographiccitation.lastpage","82"],["dc.bibliographiccitation.volume","16"],["dc.contributor.author","Nowak-Lehmann, Felicitas"],["dc.date.accessioned","2019-07-10T08:13:23Z"],["dc.date.available","2019-07-10T08:13:23Z"],["dc.date.issued","2001"],["dc.description.abstract","This paper is part of a series examining the relevance of the most important textbook growth models. The model of choice in this paper is an endogenous growth model. The AK model –chosen as a representative of an endogenous growth model - is applied to Chilean annual data (1960-1998) and tested. Chile was chosen as a case study, since the Chilean economy shows a respectable growth path that could either be characterized as endogenous or as neoclassical (transitional or steady state). The analysis revealed about two main insights. First, when analyzing long-term growth, the time series should be purged from short-run fluctuations. This can be achieved utilizing a filter. Second, in principle, the differences between the AK model and the neoclassical growth model might not be so significant, making it difficult to discriminate between them from both a theoretical and an empirical point of view."],["dc.identifier.purl","https://resolver.sub.uni-goettingen.de/purl?gs-1/5899"],["dc.identifier.uri","https://resolver.sub.uni-goettingen.de/purl?gro-2/61230"],["dc.language.iso","en"],["dc.notes.intern","Migrated from goescholar"],["dc.relation.issn","0716-5927"],["dc.rights","Goescholar"],["dc.rights.access","openAccess"],["dc.rights.uri","https://goescholar.uni-goettingen.de/licenses"],["dc.subject","Chilean Economy"],["dc.subject.ddc","330"],["dc.title","Does the AK Model Apply to the Chilean Economy? Time-Series Evidence for the Period of 1960-1998"],["dc.type","journal_article"],["dc.type.internalPublication","yes"],["dc.type.peerReviewed","yes"],["dc.type.version","published_version"],["dspace.entity.type","Publication"]]