Results 1 to 10 of about 6,539 (142)
A growth-cycle model of Solow–Swan type, I [PDF]
Abstract We construct an endogenous growth-cycle model of the Solow–Swan type. The equilibrium point of the growth-cycle model is the same as the steady state of the Solow–Swan growth model. Unlike in the Solow–Swan growth model, the representative household in the growth-cycle model, however, adaptively estimates his/her average income and ...
Dohtani Akitaka
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Long-term Expectation Formation and Endogenous Growth: Incorporating a Keynesian Perspective into the Solow-Swan Model [PDF]
application/pdf In long-term investment behaviors, entrepreneurs face (Knightian) uncertainties that are difficult to handle. How do they deal with these uncertainties? To address this question, Chapter 12 of Keynes (1936) considers long-term expectations.We try to connect the argument in Chapter 12 with endogenous growth: Based on a Keynesian ...
Dohtani, Akitaka, Matsuyama, Jun
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The Solow-Swan model with endogenous population growth
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Cayssials, Gaston, Picasso, Santiago
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Value Creation And The Pursuit Of Multi Factor Productivity Improvement [PDF]
This paper links Value Management to macro-economics to explore transformational innovation. It borrows from economics and the relationship between technological progress and rising living standards for citizens. Central to this is seeing 'technology' in
Berawi, Mohammed Ali, Woodhead, Roy
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Review Of Theories And Models Of Economic Growth [PDF]
The subject of this article is a review of the theories and models of economic growth. In the first section, the author analyzes the theories of economic growth, such as Schumpeter’s, Lewis’s and Rostow’s theory.
Piętak, Łukasz
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Evidence and Strategy on Economic Distance in Spatially Augmented Solow-Swan Growth Model
Economists' interests in growth theory have a very long history (Harrod, 1939; Domar, 1946; Solow, 1956; Swan 1956; Mankiw, Romer, and Weil, 1992). Recently, starting from the neoclassical growth model, Ertur and Koch (2007) developed the spatially augmented Solow-Swan growth model with the exogenous spatial weights matrices ($W$). While the exogenous $
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An alternative test to check the validity of convergence results [PDF]
This paper presents a simple method for identifying distributional dynamic properties of economies using the ideas of concordance and discordance. It can be employed to examine the strength and validity of the results of other methods. The method has the
Blotekjaer, K. +2 more
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Foreign Direct Investment and Regional Growth in China [PDF]
China has experienced rapid economic growth and the recent Global Economic Projections 2004 by the World Bank suggest that there is a continuation of Chinese growth of at lest 7 to 8 percent (World Bank, 2003).
Huang, Shuo
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Classical and technological convergence: beyond the Solow-Swan growth model
Recent investigations into cross-country convergence follow Mankiw, Romer, and Weil (1992) in using a log-linear approximation to the Swan-Solow growth model to specify regressions. These studies tend to assume a common and exogenous technology. In contrast, the technology catch-up literature endogenises the growth of technology.
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Solow-Swan Model of Economic Growth with Allee Effect
Abstract In this paper we expand the neoclassical Solow-Swan model of economic growth by introducing population dynamics with Allee effect. Allee effect implies the existence of a threshold for the viability of populations, i.e. a population below this threshold decreases. Above the threshold, the population gradually saturates.
Kseniya Akhalaya, Vladimir Shikhman
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