Growth Path
Balanced growth path solutions of a Boltzmann mean field game model for knowledge growth
... balanced growth path (BGP) solutions in the ...exponential growth from the results in [6], where it was shown that the support of a solution f is always a subset of the support of the initial ...
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A new growth path for South African industrialisation: An input output analysis
... A growth path can be defined as the trajectory of economic growth and development that considers the character of the economic growth beyond the growth ...of growth path ...
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Environmental Protection and Economic Growth: An Optimal Pollution Controlling Model
... Environmental protection against pollution has become a common issue faced by the whole world. In the case of the international cooperation on controlling the environmental pollution, the developing and developed ...
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SERVICES LED GROWTH IN INDIA: HOW SUSTAINABLE?
... the growth of Indian economy is attributable to the dynamism shown by service sector and this sector has been the star ...of growth as it has respectable share in foreign direct investment inflows as well ...
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Financialisation of the South African economy: Impact on the economic growth path and employment
... a growth in the influence of financial actors, particularly institutional ...long-run growth of ...economic growth and aggregate demand from the ...
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Sustainable Heterogeneity: Inequality, Growth, and Social Welfare in a Heterogeneous Population
... endogenous growth models in this paper indicate that a multilateral balanced growth path exists on which all the optimality conditions of all heterogeneous households are indefinitely satisfied, and ...
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A Kind of Neither Keynesian Nor Neoclassical Model (5): The Path of Economic Growth
... the growth path of GDP in US ...the growth path of Y in the statistical data and the bisector K = L , we use the logarithmic coordinates in the main ...the growth path of Y in ...
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Culture, Labour, and Resources: Principles of a Practical Alternative Growth Path
... of growth, the paper critically examines, and proposes an alternative to, the ‘zero-growth’ concept of development and progress, which arises from the misconception, largely imposed by the ‘physicalist’ ...
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The Magnification of a Lagging Region's Initial Economic Disadvantages on the Balanced Growth Path
... leading regions in different parts of the world. Second, many of these studies have pointed to the significance of R&D in particular and to innovation more generally in augmenting the economic prospects of the ...
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Growth with Endogenous Direction of Technical Change
... 3 The current paper focuses mainly on the investment elasticities of cumulable factors. It turns out that Harrod-neutrality is crucial for the existence of a steady-state growth path only if the investment ...
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R & D Based Growth Model with Nominal Wage Stickiness
... economic growth and employment. For sufficiently high money growth rates, there is a unique balanced growth path, and the economy exhibits sustained growth based on sustained R & ...
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Population growth and endogenous technological change: Australian economic growth in the long run
... Productivity growth is often assumed to be a positive function of life expectancy because the incentives to invest in the future are positively correlated with the number of years in which an individual is ...
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A multi agent growth model based on the von Neumann Leontief framework
... discrete-time growth model to describe the dynamics of a multi- agent economy, and the model consists of production process, exchange process, price and technology adjustment processes ...the growth model. ...
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Income Distribution and Growth in Leontief’s Closed Model
... rate regardless of the bundle of goods actually purchased by employees. However, after replacing ωC in Æ by the fraction ( ω w ) of the bundle of goods actually purchased by employees per unit of labor, condition (15) ...
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Learning and advancing by investing : an engine for technological change and endogenous economic growth
... long-run growth theory revived after the Second World War in response to the pressing need for the reconstruction of Europe and the emergence of new ...neoclassical growth theory soon become dominant in ...
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Economic Growth and CO2 Emissions: What If Vietnam Followed China’s Development Path?
... revealed a stable long-term economic relation between the variables in the mod- els. Hence, here as well, no spurious regressions result. The comparison of the two scenarios shows that following China’s economic ...
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Family size, human capital and growth: structural path analysis of Rwanda
... human capital and economic development evolve around three main assertions (Rosenzweig, 1988; Bloom, Canning and Sevilla, 2001). First, large families directly contribute to lowering human capital; for given resources, ...
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Health and Innovation in a Monetary Schumpeterian Growth Model
... economic growth and ...long-run growth crucially depends on the form of the CIA ...long-run growth does not depend on the nominal interest rate, but welfare depends negatively on the nominal interest ...
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Does Democracy Impact Economic Growth? Exploring the Case of Bangladesh – A Cointegrated VAR Approach
... Furthermore, the Polity IV data used in the present analysis conceptualises democracy in terms of three essential elements: the presence of institutions and procedures through which citizens can express preferences about ...
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The US UK productivity gap in the twentieth century: from technology and population perspectives
... future growth prospects of the US and the ...productivity growth in the US in the post-1870 ...TFP growth positively, higher population growth affects it ...modern growth regime, with ...
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