Search results with tag "Endogenous growth"
E000079 endogenous growth - Brown University
www.brown.eduE000079 endogenous growth Endogenous growth theory explains long-run growth as emanating from economic activities that create new technological knowledge. This article sketches the outlines of the theory, especially the ‘Schumpeterian’ variety, and briefly describes how the theory has evolved in response to empirical discoveries.
Lecture notes for Macroeconomics I, 2004
www.econ.yale.edunology allowing \endogenous growth", i.e. the growth rate in the model is nontrivially determined, at least in the sense that difierent types of behavior correspond to difierent growth rates. Savings rates that are very low will even make the economy shrink - if sA + 1 ¡ – goes below one. Keeping in mind that savings rates are probably in ...
Capital Accumulation and Economic Growth in …
www.iosrjournals.orgCapital Accumulation and Economic Growth in Nigeria “Endogenous Growth Approach” DOI: 10.9790/5933-06614964 www.iosrjournals.org 50 | Page
Determinants of Economic Growth (Panel Data …
www.rbf.gov.fj5 studies focus on endogenous growth models. A key element of the neo-classical growth theory is the assumption that technical change is exogenous and that the same technological opportunities are available