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1、EconomicGrowthinaCrossSectionofCountriesAuthor(s):RobertJ.BarroSource:TheQuarterlyJournalofEconomics,Vol.106,No.2(May,1991),pp.407-443Publishedby:TheMITPressStableURL:http://www.jstor.org/stable/2937943Accessed:05/12/201019:11YouruseoftheJSTORarchivei
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6、uarterlyJournalofEconomics.http://www.jstor.orgECONOMICGROWTHINACROSSSECTIONOFCOUNTRIES*ROBERTJ.BARROFor98countriesintheperiod1960-1985,thegrowthrateofrealpercapitaGDPispositivelyrelatedtoinitialhumancapital(proxiedby1960school-enrollmentrates)andnega
7、tivelyrelatedtotheinitial(1960)levelofrealpercapitaGDP.CountrieswithhigherhumancapitalalsohavelowerfertilityratesandhigherratiosofphysicalinvestmenttoGDP.GrowthisinverselyrelatedtotheshareofgovernmentconsumptioninGDP,butinsignificantlyrelatedtotheshar
8、eofpublicinvestment.Growthratesarepositivelyrelatedtomeasuresofpoliticalstabilityandinverselyrelatedtoaproxyformarketdistortions.Inneoclassicalgrowthmodels,suchasSolow[1956],Cass[1965],andKoopmans[1965],acountry'spercapitagrowthratetendstobein