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Different attitudes towards estimating indirect costs of disease: The example of cancer. [PDF]
J Public Health ResMiszczyńska K +2 more
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Impact of low-carbon economic policies on the corporate environmental responsibility model in China.
PLoS OneLiu H, Lbrahim H, Song M.
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A RECONSIDERATION OF THE NEOCLASSICAL THEORY OF ECONOMIC GROWTH
A RECONSIDERATION OF THE NEOCLASSICAL THEORY OF ECONOMIC GROWTHopenaire
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Chapter 9 Neoclassical growth theory
Handbook of Macroeconomics, 1999Abstract This chapter is an exposition, rather than a survey, of the one-sector neoclassical growth model. It describes how the model is constructed as a simplified description of the real side of a growing capitalist economy that happens to be free of fluctuations in aggregate demand.
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Neoclassical production theory and growth with unemployment: The stability issue revisited
Structural Change and Economic Dynamics, 2009Abstract A common belief in economic growth theory is that the instability of the balanced growth path of models based on a non-neoclassical production theory, such as the Harrod–Domar or Goodwin-type models, may be removed by introducing neoclassical technology and substitutability between factors. This does not need to be true.
FANTI, LUCIANO +1 more
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2015
This chapter discusses the one-sector neoclassical growth model—the foundation for all the growth theory in the book. The primary focus of the chapter is growth via capital accumulation. We think of capital as man-made durable inputs to the production process. The first type of capital we include is physical capital.
Sibabrata Das +2 more
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This chapter discusses the one-sector neoclassical growth model—the foundation for all the growth theory in the book. The primary focus of the chapter is growth via capital accumulation. We think of capital as man-made durable inputs to the production process. The first type of capital we include is physical capital.
Sibabrata Das +2 more
openaire +1 more source
Extensions to Neoclassical Growth Theory
2015In this chapter, we extend the basic neoclassical growth model in several ways. In the previous chapter, we learned that human capital is an important source of economic growth. Here, we introduce a simple theory of human capital formation based on parents desire to invest in the “quality” or economic productivity of their children.
Sibabrata Das +2 more
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Toward a general neoclassical theory of economic growth
The Philippine Review of Economics, 2023The Harrod-Domar (H-D) growth model assumes a fixed capital-output ratio, signifying absence of substitutability between capital and labor, leading to a “knife-edge” problem wherein balanced growth of capital (fixed warranted rate) and labor (fixed natural rate) occurs only by accident, preventing the attainment of macroeconomic stability with full ...
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2001
In Chapters 1 and 2 we considered the role of the money demand function in comparative static models. These models were the dominant macroeconomic paradigm up until thirty years ago. Recently, however, neoclassical growth theory and related dynamical approaches have widely spread into both macroeconomics and monetary economics and are now routinely ...
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In Chapters 1 and 2 we considered the role of the money demand function in comparative static models. These models were the dominant macroeconomic paradigm up until thirty years ago. Recently, however, neoclassical growth theory and related dynamical approaches have widely spread into both macroeconomics and monetary economics and are now routinely ...
openaire +1 more source