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This paper explores empirically the relation between special-interest groups and economic growth. Our analysis exploits new data on the number of groups observed across countries and time, in order to mitigate the identification problems associated with earlier studies. Also in contrast to earlier work, we examine the impact of groups on two sources of growth-capital accumulation and technological change-in addition to the impact of groups on output growth. The findings are consistent with Olson's (The rise and decline of nations: the political economy of economic growth, stagflation, and social rigidities. New Haven, Yale, 1982) claim that societies with greater numbers of interest groups grow slower, accumulate less capital, and experience reduced productivity growth relative to others. Adapted from the source document.

International growth rate differences are analyzed focusing on the roles of government & special interest groups as emphasized by M. Olson in The Rise and Decline of Nations, (New Haven: Yale U Press, 1982). A growth accounting framework is established & variables are defined & discussed. Data from the Organization of Economic Cooperation & Development's Historical Statistics (various issues) are subjected to regression analysis, & empirical findings are reported & contrasted with those of previous researchers. 1 Table, 25 References. F. Rasmussen