01675cas a2200253 a 4500 AALejournalIMF001697 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451978407 1018-5941 BD-DhAAL BD-DhAAL Chadha, Bankim. Growth, Productivity, and the Rate of Returnon Capital / Bankim Chadha, Charles Adams. Washington, D.C. : International Monetary Fund, 1992. 1 online resource (40 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the ability of alternative classes of growth models to explain the historical experience of the U.S. economy. The potential returns to the U.S. from raising its investment rate in terms of both the level and growth rate of future output are then quantified. The long-run growth performance of the U.S. economy is found to be broadly consistent with the predictions of the neoclassical growth model. Endogenous growth models, which suggest a larger contribution of capital to growth and long-run effects of investment on the growth rate, do not seem to be supported by the data. Mode of access: Internet Adams, Charles. IMF Working Papers; Working Paper ; No. 1992/035 Full text available on IMF http://elibrary.imf.org/view/journals/001/1992/035/001.1992.issue-035-en.xml IMF e-Library