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Profit Principles and Endogenous Growth : Incorporating a Keynesian Perspective into Solow Swan Model

open access: yesProfit Principles and Endogenous Growth : Incorporating a Keynesian Perspective into Solow Swan Model
application/pdf J. M. Keynes suggests the importance of animal spirits in economic activities. Animal Spirits, formally expressed by profit principle, has been well known as a source of business fluctuations. In this paper, incorporating the profit principle into the Solow Swan model, we construct an endogenous growth model.
openaire  

Sustainable External Debt Levels : Estimates for Selected Asian Countries [PDF]

open access: yes
High ratios of external debt to GDP in selected Asian countries have contributed to the initiation, propagation, and severity of the financial and economic crises in recent years, reflecting runaway fiscal deficits and excessive foreign borrowing by the ...
Delano Villanueva, Roberto Mariano
core   +1 more source

Endogenous Growth and Comparative Standards of Living between Mexico and the US [PDF]

open access: yes
This paper calibrates an AK model of growth for Mexico. Investment financing is modeled considering the domestic savings ratio as well as net factorial income and capital inflows of the balance of payments.
Alejandro Rodríguez Arana
core  

The economic impact of open science: a scoping review. [PDF]

open access: yesR Soc Open Sci
Tsipouri L   +3 more
europepmc   +1 more source

Does club convergence matter in health outcomes? Evidence from Indian states. [PDF]

open access: yesBMC Public Health, 2023
Nag A, Privara A, Gavurova B, Pradhan J.
europepmc   +1 more source

Deciphering The Hindu Growth Epic [PDF]

open access: yes
India’s investment rate has increased fourfold since 1950 and is now nearly 40% of GDP. Many studies have suggested that this rising investment rate is the most significant component of India’s growth acceleration.
Peter E Robertson
core  

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