long-run growth model长期增长模型 是指针对成长型企业的投资预期报酬率和投资者要求的报酬率所建立的两者间某种数学关系的模型,用以估计收益和评估企业价值。可分为简单长期增长模型(simple long-run growth model)、动态长期增长模型(dynamic long-run growth model)、扩张模型(expansion model)和负增长模型(negative...
This chapter discusses a long-run economic growth model for developing countries. A general equilibrium framework for approaching the long-run problems of economic development is obtained by emphasizing the supply rather than the demand for outputs. The economy of developing countries is first ...
Theoretical explorations in economic growth and transportation. This dissertation is in two parts. In the first part, a two-region endogenous growth model is developed illustrating how a knowledge rich economy may exhibit increasing returns to scale and grow perpetually while the economy of the knowl...
Data suggests a positive correlation between long-run growthforecastsand cyclical activity.Existing business cycle models are shown to be inconsistent with the evidence.Develop a model with learning about long-run growth rates that can replicate this evidence.The model features comovement and mutual infl...
This paper presents a fully specified model of long-run growth in which knowledge is assumed to be an input in production that has increasing marginal productivity. It is essentially a competitive equilibrium model with endogenous technological change. In contrast to models based on diminishing returns...
Fiscal policy, long-run growth, and welfare in a stock-flow model of public goods We introduce public capital and public services as inputs in an endogenous growth model. We show that the growth rate depends on the apportionment of tax r... Sugata Ghosh and Udayan Roy - 《Canadian Journal...
The model is able to limit the scope of (level) scale effects, without degenerating into a model of "semi-endogenous" growth. We reassert the long-run potency of government policies that promote thrift, training, R&D and enhancement of productivity. We also show the relevance of learning for...
We study capital accumulation and innovation as determinants of long- run growth by adding capital to our earlier model of creative destruction. No special... Peter Howitt and Philippe Aghion - 《Journal of Economic Growth》 被引量: 522发表: 1998年 Human capital, R&D, trade, and long-run pr...
We extend the endogenous growth model with horizontal innovations to construct a four sector growth model in which we introduce a non renewable resource sector.In this set up,we focus on how population growt...
Such models assume that short‐run dynamics are neutral in the long run which means that the steady state is defined independently of the transient dynamics. In order to show that this situation is not always realized, we propose a modified version of Kurz's growth model ("Technical change, ...