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Author: | Masters, W. A. McMillan, M. S. |
Title: | Climate and scale in economic growth |
Journal: | Journal of Economic Growth
2001 : SEP, VOL. 6:3, p. 167-186 |
Index terms: | Economic growth Climate Growth theory Econometric models |
Freeterms: | Growth accounting |
Language: | eng |
Abstract: | This paper introduces new data on climate conditions to empirical tests of growth theories. The authors find that, since 1960, temperate countries have converted towards high levels of income while tropical nations have converged towards various income levels associated with economic scale and the extent of the market. These results hold for a wide range of tests. |
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