On the Mechanics of Economic Development.¶
Lucas, R. E. (1988). On the Mechanics of Economic Development. Journal of Monetary Economics, 3932(88), 3-42.
Cited by¶
1 citation across 1 artifact.
Each citation links to the sentence it supports in the citing article.
Primes¶
- Diminishing Returns (Law of)
- Lucas 1988
This sourceBuilds growth models in which human-capital accumulation and its external (spillover) effects sustain long-run growth despite diminishing returns to physical capital — supports the prime's attribution of human-capital/knowledge-externality growth to Lucas.
- Lucas 1988
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