ModelsofEconomicGrowthA Outline: Becausethisareaiscomplexandmathematicaltherearetwofilesofslidesforthistopic LectureA Introduction–trendsingrowth Neoclassicalgrowthmodels LectureB Endogenousgrowthmodels Theconvergencedebate BelowareslidesforlectureA SeenextfileforlectureB Introduction Needtodefine‘economicgrowth’(in...
(eds) 1973. Models of Economic Growth. London: Macmillan; New York: Wiley.Dixit,A.K.Models of Dual Economies. Models of E-conomic Growth . 1973Mirrlees, J. A. 1973. Introduction, pp. xi-xxii in Mirrlees, J. A. and Stern, N. H. (eds), Models of Economic Growth, London, ...
Technological change in foodgrain production as epitomised by the ‘green revolution’ holds potential for substantial acceleration of overall rates of economic growth and change to a pattern of growth favourable to the low-income labouring classes [32].2 Large additions to agricultural production inc...
R&D-Based Models of Economic Growth
R&D–BasedModelsof EconomicGrowth R&Dbasedmodels •VirtuallyallR&Dbasedmodelssharea predictionof”scaleeffects” •Thispredictionisnotsupportedby empirics •Thisarticlecomesupwithsuggestionsfor analternativeR&Dbasedmodel Settingupthenormalmodel (1) (2) Argumentsagainstthismodel •Thesizeoflabourforcehasgro...
In this paper, we analyze the optimal allocation of labor between the final goods sector and the research and development (R&D) sector within the context o... H Noda - 《International Journal on Information》 被引量: 1发表: 2012年 R&D-based models of economic growth reconsidered In this pap...
The Solow-Swan model of economic growth postulates a continuous production function linking output to the inputs of capital and labour which leads to the steady state equilibrium of the economy. It’s Assumptions: It is based on the following assumptions: ...
Models of Economic Growth with Environmental Assets The connection between economic growth and the quality of the environment is a popular subject. Since the second half of the 1980s, there has been an increasingly frequent use of the term "sustainable development", to refer to the preocc... ...
Applications of Continuous-Time Stochastic Methods to General Equilibrium Endogenous Growth Models The past decade has seen a tremendous growth in the literature on asymptotic analysis of financial models with jumps. In this thesis we characterize proper... Turnovsky,J Stephen - 《Ifac Proceedings Volum...
The theoretical section of this paper develops a new nonstructural model of wage and price adjustment that integrates several concepts that have often been... FRJ Gordon - 《European Economic Review》 被引量: 193发表: 1993年 The Fed and the New Economy This paper seeks to understand the behavi...