Mankiw, N. G. (1995). The growth of nations. Brookings Papers on Economic Activity, 275-310. Mankiw, N. G., Romer, D. and Weil, D. N. (1992). A contribution to the ...
The Long Term Growth Model (LTGM) is an Excel-based tool to analyze long-term growth scenarios building on the celebrated Solow-Swan Growth Model. The tool can also be used to assess the implications ...
Tenku, N. (2025) Trade Deficit and Economic Growth: Policy Advice to 15 European Union Countries. Modern Economy, 16, 114-134 ...
Extension based partially in 'The Solow-Swan Model with Human Capital and Government: a computational approach through MatLab' wrote by António Neto. Assuming a Cobb-Douglas production function, with ...
This paper examines whether the Solow growth model is consistent with the international variation in the standard of living. It shows that an augmented Solow model that includes accumulation of human ...
* i) a drop in the rate of technology growth from a positive value to 0 * ii) a drop in the rate of population growth from a positive value to 0 ...
Dear Chancellor, forget the big infrastructure projects. Boosting the productivity of SMEs is the key to growth, writes Paul ...
Nor did he accept predictions that a higher saving rate would lead to increased long-run growth. Second, of the outside influences of the Harrod-Domar model, Solow’s attention was naturally drawn to ...
At this point, living standards improve since population growth has less influence on per capita income growth. In the limit, the economy behaves like a standard Solow growth model.
Finally, the Solow Growth Model, which is the foundation of the latest theories on economic growth refers to an exogenous neoclassical model of economic growth representing enhanced capital ...
T. S. Eliot, Four Quartets Modern growth theory, which built on the Harrod-Domar model, was born in 1956 with Robert Solow's famous papers and will turn 50 this year. Even the "new" growth theory, ...