Abstract

  


 



Lucas and Romer Paradoxes


Philippe Darreau


University of Limoges - Laboratoire d'Analyse et de Prospectives Économiques (LAPE)

Francois Pigalle


University of Limoges - Laboratoire d'Analyse et de Prospectives Économiques (LAPE)
July 1, 2008

Revue Economique, Vol. 59, No. 4, pp. 843-851, 2008

Abstract:     
The paradoxes of Lucas and Romer relate to the theoretical coherence of the international differences in productivity of the factors of production. To solve these paradoxes, the assumption of externality of the physical capital seems better than the assumption of externality of the human capital generally retained in the economic literature.

Keywords: Lucas, paradoxe

JEL Classification: O15, O47, O50, O30, N1

Accepted Paper Series


Date posted: December 8, 2011  

Suggested Citation

Darreau, Philippe and Pigalle, Francois, Lucas and Romer Paradoxes (July 1, 2008). Revue Economique, Vol. 59, No. 4, pp. 843-851, 2008. Available at SSRN: http://ssrn.com/abstract=1969480

Contact Information

Philippe Darreau (Contact Author)
University of Limoges - Laboratoire d'Analyse et de Prospectives Économiques (LAPE) ( email )
5 rue Félix Eboué
BP 3127
Limoges Cedex 1, 87031
France
Francois Pigalle
University of Limoges - Laboratoire d'Analyse et de Prospectives Économiques (LAPE) ( email )
5 rue Félix Eboué
BP 3127
Limoges Cedex 1, 87031
France
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