Statements (25)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:appliesTo |
post-war development planning
|
gptkbp:assumes |
no technological progress
constant capital-output ratio constant savings rate |
gptkbp:category |
gptkb:Keynesian_economics
|
gptkbp:criticizedFor |
assuming fixed capital-output ratio
ignoring labor force growth ignoring technological change |
gptkbp:developedBy |
gptkb:Evsey_Domar
gptkb:Roy_Harrod |
gptkbp:field |
macroeconomics
|
gptkbp:focusesOn |
economic growth
|
gptkbp:form |
g = s / k
|
https://www.w3.org/2000/01/rdf-schema#label |
Harrod-Domar Model
|
gptkbp:influenced |
gptkb:Solow-Swan_Model
|
gptkbp:introducedIn |
1939
1946 |
gptkbp:location |
g is growth rate
k is capital-output ratio s is savings rate |
gptkbp:predicts |
growth depends on savings and capital productivity
|
gptkbp:usedIn |
development economics
|
gptkbp:bfsParent |
gptkb:Exogenous_Growth_Theory
|
gptkbp:bfsLayer |
7
|