Results 251 to 260 of about 310,707 (312)

Dynamics of natural capital in neoclassical growth model

International Journal of Sustainable Economy, 2020
The goal of this paper is to consider the growth model in relation to natural capital dynamics to identify the existence of stable equilibria with positive natural capital stock.
Marta Kornafel, Ivan Telega
semanticscholar   +1 more source

Toward a general neoclassical theory of economic growth

The Philippine Review of Economics, 2023
The 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 ...
openaire   +1 more source

Teori Pertumbuhan Endogenous (Endogenous Growth Theory)

Social Science Research Network, 2019
Indonesian Abstract: Teori pertumbuhan edogenous merupakan salah satu isu baru dalam ranah perkembangan teori pertumbuhan ekonomi dalam tradisi kelompok neo klasik yang muncul pada akhir tahun 1980an.
B. Wijayanto
semanticscholar   +1 more source

Neoclassical Growth Theories

2010
This chapter provides a detailed description of the current neoclassical growth theories. Beginning with a short introduction on exponential growth patterns, the following sections present three different model types: Exogenous, Endogenous and Semi-endogenous growth. The individual sub-chapters conclude with an analysis of demographic components within
openaire   +1 more source

Neoclassical production theory and growth with unemployment: The stability issue revisited

Structural Change and Economic Dynamics, 2009
Abstract 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, MANFREDI, PIETRO ANGELO MANFREDO FRANCESCO   +1 more
openaire   +2 more sources

Critical survey. Savings and economic growth in neoclassical theory

Cambridge Journal of Economics, 1999
In neoclassical economics economic growth depends upon savings. The paper discusses problems with this conventional view, and how these have been tackled, from pre-Solowian authors up to the recent New or Endogenous Growth Theory (EGT). These difficulties became particularly clear with the Solow‐Swan model of growth in which the savings rate did not ...
openaire   +1 more source

Criticism of the Neoclassical Approach in Islamic Economic Policy in Indonesia

Jurnal Pelita Raya
This study aims to open up space for reflection and debate on the need for a paradigm shift and new methods in developing Islamic economics in Indonesia.
Maharatna Shifa Nurizka, Aufa Islami, Moh. Rofi’ieh, Haerunnisa, Muhammad Lathif Dzulfikar   +4 more
semanticscholar   +1 more source

Biased Technical Progress and a Neoclassical Theory of Economic Growth

The Quarterly Journal of Economics, 1964
I. Introduction, 129. — II. A Neoclassical growth model, 130. — III. Properties of an equilibrium growth path, 132. — IV. Stability conditions, 133.— V. Induced inventions, 135. — Appendix, 137.
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NEOCLASSICAL ECONOMIC GROWTH THEORY: AN EMPIRICAL APPROACH

2013
This paper contributes to the empirical literature by providing a simple theoretical and empirical literature framework. For this purpose we address the neoclassical model of capital accumulation reproduces many of the stylised facts about economic growth and is consistent with many features of actual growth in economies.
openaire   +1 more source

1979–2001: A Greek great depression through the lens of neoclassical growth theory

, 2014
S. Gogos, N. Mylonidis, D. Papageorgiou, Vanghelis Vassilatos   +3 more
semanticscholar   +1 more source