Harrod–Domar model

GPTKB entity

Statements (31)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:alternativeTo gptkb:Keynesian_model
gptkb:classical_growth_model
gptkbp:assumes no government
constant returns to scale
closed economy
fixed capital-output ratio
no technological progress
gptkbp:category gptkb:economic_policy
macroeconomic model
gptkbp:field macroeconomics
gptkbp:focusesOn economic growth
gptkbp:form g = s/v
https://www.w3.org/2000/01/rdf-schema#label Harrod–Domar model
gptkbp:influenced gptkb:Solow–Swan_model
gptkbp:location g = growth rate of output
s = savings rate
v = capital-output ratio
gptkbp:namedAfter gptkb:Evsey_Domar
gptkb:Roy_Harrod
gptkbp:predicts unstable growth path
gptkbp:proposedBy gptkb:Evsey_Domar
gptkb:Roy_Harrod
gptkbp:usedIn development economics
growth theory
gptkbp:variant savings rate
capital-output ratio
gptkbp:yearProposed 1939
1946
gptkbp:bfsParent gptkb:Solow–Swan_growth_model
gptkbp:bfsLayer 5