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4. Jan. 2024 · The work that made his name began as criticism of the growth theories of the 1930s and 1940s. In these, investment added both to national spending and the economy’s productive capacity.
1. Jan. 2007 · The famous ‘1956’ contribution by Robert Solow was always thought to be central to positive, or descriptive, economic growth theory. We show that it is also at the core of optimal growth, because the Fisher equation of competitive equilibrium is nothing short of an Euler equation; it corresponds to the maximization of the sum of discounted ...
THE THEORY OF ECONOMIC GROWTH 67 that it shows constant returns to scale. Hence the production func- tion is homogeneous of first degree. This amounts to assuming that there is no scarce nonaugmentable resource like land. Constant rcturns to scale seems the natural assumption to make in a theory of growth. The scarce-land case would lead to ...
1. Jan. 2019 · Solow-Swan growth theory is a model of long run economic growth embedded in the Neoclassical economic theory. The theory suggests that economic growth is experienced as a result of a dynamic ...
Robert Solow. Robert Merton Solow. Premio Nobel per l'economia 1987. Robert Merton Solow ( New York, 23 agosto 1924 – Lexington, 21 dicembre 2023) è stato un economista statunitense, vincitore della John Bates Clark Medal nel 1961 e del premio Nobel per l'economia nel 1987, « per i suoi contributi alla teoria della crescita economica » [1] .
Robert M. Solow: A Contribution to the Theory of Economic Growth. In: Quarterly Journal of Economics. Jahrgang 70, Nr. 1, 1956, S. 65–94. Weblinks. Literatur von und über Wachstumstheorie im Katalog der Deutschen Nationalbibliothek; Wachstumstheorie – Artikel im Gabler Wirtschaftslexikon
4. Feb. 2019 · This and other concerns of the model led economists to search for alternative models of economic growth. Then, in 1956, American economist Robert Solow published a paper titled “A contribution to the theory of economic growth.” The Solow growth model was born. Solow was awarded a Nobel Prize in 1987 for his contribution to the theory of ...
