Statements (18)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic growth model
|
| gptkbp:AcronymFor |
A (productivity parameter), K (capital)
|
| gptkbp:alsoKnownAs |
gptkb:Endogenous_growth_model
|
| gptkbp:assumes |
no diminishing returns to capital
|
| gptkbp:category |
endogenous growth theory
|
| gptkbp:characteristic |
constant returns to scale in capital
|
| gptkbp:contrastsWith |
gptkb:Solow-Swan_model
|
| gptkbp:focusesOn |
long-run economic growth
|
| gptkbp:form |
Y = AK
|
| https://www.w3.org/2000/01/rdf-schema#label |
AK model
|
| gptkbp:implies |
perpetual growth possible
|
| gptkbp:influencedBy |
gptkb:Harrod-Domar_model
|
| gptkbp:originatedIn |
1980s
|
| gptkbp:proposedBy |
gptkb:Paul_Romer
gptkb:Robert_Lucas_Jr. |
| gptkbp:usedIn |
macroeconomics
|
| gptkbp:bfsParent |
gptkb:Romer_model
|
| gptkbp:bfsLayer |
5
|