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Estimates of the Steady State Growth Rates for Ireland

Casadio, Paolo and Paradiso, Antonio and Rao, B. Bhaskara (2011): Estimates of the Steady State Growth Rates for Ireland.

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Abstract

This paper estimates the steady state growth rate for Ireland with an extended version of the Solow (1956) growth model. We show that the education and trade openness have played an important role to improve the long-run growth rate. Policies to further improve the long-run growth rate are suggested.

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