Durlauf, Steven N. (contributor); … - 2005
growth theory. Further, time series tests
typically conclude that convergence is not present and so represent a challenge … open-ended. By theory open-endedness, Brock and Durlauf refer
to the fact that typically the a priori statement that a … particular theory of growth is
relevant does not preclude other theories of growth from also being relevant. As a result,
11 …