Not Available for Download

Lucas and Romer Paradoxes

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

Posted: 8 Dec 2011 Last revised: 16 Nov 2016

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)

Date Written: July 1, 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

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: https://ssrn.com/abstract=1969480

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

Paper statistics

Abstract Views
212