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Horizon in a Simple Model of Economic Growth
Econometrica, 1974In long-run planning, targets may be set further in the future than economic technologies can be estimated. How costly in hindsight is limited foresight? Following Los, we say K is an e-horizon if knowledge of economic possibilities for the next K time periods permits decisions with results at most E worse than optimal. For a dynamic Leontief model, we
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Modeling Economic Growth [PDF]
The theory of moderne economic growth is based on formulation and establishment of a certain model for the use and combination of the influence factors that are to ensure a maximum efficiency per spent unit and the protection of environment, because the presence of all factors of economic growth is hard to achieve.
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THE ECONOMIC GROWTH. MODELS OF ECONOMIC GROWTH
Прогрессивная экономика, 2022Lupin Gao, R.A. Sabitov
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Modeling the effects of health on economic growth
Journal of Health Economics, 2001This paper investigates the effects of health indicators such as adult survival rates (ASR) on GDP growth rates at 5-year intervals in several countries. Panel data were analyzed on GDP series based on purchasing power adjustments and on exchange rates.
A, Bhargava +3 more
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AN EQUILIBRIUM MODEL OF ECONOMIC GROWTH*
Metroeconomica, 1970Tintner, Gerhard, Jimbo, Ichiro
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Time to build in dynamics of economic models II: models of economic growth
Chaos, Solitons & Fractals, 2003For Part I, cf. ibid. 14, No. 5, 697--703 (2002; Zbl 1008.91078). The goal of this paper is to show the vitality of Kalecki's ideas using the example of his proposition of the time for building investment goods as the source of cyclic behaviour in economic systems.
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Models of economic integration and localized growth
1993Economic integration and free factor mobility may be expected to enhance the growth performance of a united Europe. Simple models of integration among independent, endogenously-growing economic entities suggest that factor mobility may deepen rather than reduce regional differences in economic performance, however.
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