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  • The aim of the article is to present the new theoretical findings in the field of economic growth. The study has been inspired by Jones and Romer´s article titled The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital. In the paper, there have been formulated six new stylezed facts.Out of these, the two focused on the relationship among economic growth, population growth, and the distance of an economy from technological frontier have been chosen. The authors of this study conduct a research of validity of the original conclusions in the reality of the Czech Republic and some other selected economies and try to verify the relevance and robustness of Jones-Romer´s fincings for the reality of the Czech Republic and several other East-European countries. The authors attempted to prove the validity of Two chosen new stylized facts using alternative data sources and slightly different time periods.The analyzed facts proved valid over very long periods of time andat the global scale. During decomposition at the regional or even national level, the conclusions seem to be affected by particular important historical milestones and other local specifics.
  • The aim of the article is to present the new theoretical findings in the field of economic growth. The study has been inspired by Jones and Romer´s article titled The New Kaldor Facts: Ideas, Institutions, Population, and Human Capital. In the paper, there have been formulated six new stylezed facts.Out of these, the two focused on the relationship among economic growth, population growth, and the distance of an economy from technological frontier have been chosen. The authors of this study conduct a research of validity of the original conclusions in the reality of the Czech Republic and some other selected economies and try to verify the relevance and robustness of Jones-Romer´s fincings for the reality of the Czech Republic and several other East-European countries. The authors attempted to prove the validity of Two chosen new stylized facts using alternative data sources and slightly different time periods.The analyzed facts proved valid over very long periods of time andat the global scale. During decomposition at the regional or even national level, the conclusions seem to be affected by particular important historical milestones and other local specifics. (en)
Title
  • Comparative Analytic Study on Applicability of Jones-Romer New Stylized Facts on Growth
  • Comparative Analytic Study on Applicability of Jones-Romer New Stylized Facts on Growth (en)
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  • Comparative Analytic Study on Applicability of Jones-Romer New Stylized Facts on Growth
  • Comparative Analytic Study on Applicability of Jones-Romer New Stylized Facts on Growth (en)
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  • RIV/46747885:24310/11:00001634!RIV12-GA0-24310___
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  • P(GA402/09/0592)
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  • 191011
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  • RIV/46747885:24310/11:00001634
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  • technological frontier; population; total factor productivity; stylized facts; economic growth (en)
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  • [C038D55E8387]
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  • Liberec
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  • Liberec
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  • Proceedings of the 10th International Conference Liberec Economic Forum 2011
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  • Kocourek, Aleš
  • Nedomlelová, Iva
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  • Technická univerzita v Liberci
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  • 978-80-7372-755-0
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  • 24310
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