The Solow–Swan model or exogenous growth model is an economic model of long-run economic growth. It attempts to explain long-run economic growth by looking...
35 KB (4,941 words) - 07:10, 7 October 2024
academic dialogue that led to the development of the Solow–Swan model. According to the Harrod–Domar model there are three kinds of growth: warranted growth...
11 KB (1,431 words) - 21:26, 8 October 2024
Economic growth (section Solow–Swan model)
Vishny. Robert Solow and Trevor Swan developed what eventually became the main model used in growth economics in the 1950s. This model assumes that there...
130 KB (15,335 words) - 06:34, 2 November 2024
)[\ln(A(t))]+\varepsilon .\,} Breton estimates the Solow residual for the human capital-augmented version of the Solow-Swan model over the 20th century. He finds that...
16 KB (2,567 words) - 06:30, 20 September 2024
David Cass and Tjalling Koopmans. The Ramsey–Cass–Koopmans model differs from the Solow–Swan model in that the choice of consumption is explicitly microfounded...
27 KB (3,802 words) - 21:39, 6 May 2024
Growth model can refer to: Population dynamics in demography Economic growth Solow–Swan model in macroeconomics Fei-Ranis model of economic growth Endogenous...
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the development of the Solow–Swan model. The model was developed separately and independently by Robert Solow and Trevor Swan in 1956, in response to...
59 KB (8,186 words) - 17:32, 13 October 2024
Solow's model of economic growth, often known as the Solow–Swan neoclassical growth model as the model was independently discovered by Trevor W. Swan...
37 KB (3,142 words) - 20:57, 15 October 2024
Endogenous growth theory (redirect from Endogenous growth model)
such as the Solow–Swan model. They favored a model that replaced the exogenous growth variable (unexplained technical progress) with a model in which the...
13 KB (1,464 words) - 19:55, 14 October 2024
steady state level of the growth of consumption, as for example in the Solow–Swan model. Although the concept can be found earlier in the work of John von...
13 KB (1,854 words) - 19:49, 2 August 2023