What will be the implications if these two effects differ
1.Why will investment affect both actual (short term) growth and the long term growth in potential output? What will be the implications if these two effects differ in magnitude?
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early empirical studies by morck shleifer and vishny 1988 and mcconnell and servaes 1990 nd a nonlinear relation
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1why will investment affect both actual short term growth and the long term growth in potential output what will be the
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1for what possible reasons may one country experiences a persistently faster rate of economic growth than
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