Journal of Economic Methodology 13 (1):49-75 (2006)

Abstract
Understanding the factors determining economic growth has been a major concern for economists and governing bodies for many years. The Solow growth model and the endogenous growth models are the main theories tested and used in the growth literature. This paper discusses the main contributions to economic methodology and uses Lakatos's scientific research program framework to evaluate the main theoretical contributions to growth theory. Based on Lakatos's ideas, Solovian models are both empirically and theoretically progressive. Endogenous growth models, on the other hand, are not empirically corroborated, and thus not progressive in Lakatosian sense. However, there are many reasons for rational growth economists to continue working in this field, even facing empirical refutations of an important theoretical prediction. Endogenous growth models are promising in terms of generating enormous gains that will help us better understand the mechanisms of economic growth.
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DOI 10.1080/13501780600566396
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References found in this work BETA

Criticism and the Growth of Knowledge.Imre Lakatos & Alan Musgrave (eds.) - 1970 - Cambridge University Press.
Why Did Einstein's Programme Supersede Lorentz's? (I).Elie Zahar - 1973 - British Journal for the Philosophy of Science 24 (2):95-123.

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