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gptkbp:instanceOf
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gptkb:economic_policy
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|
gptkbp:alsoKnownAs
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gptkb:Solow_growth_model
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|
gptkbp:assumes
|
no government
aggregate production function
constant returns to scale
closed economy
diminishing returns to capital
exogenous technological progress
|
|
gptkbp:awarded
|
gptkb:Nobel_Prize_in_Economics_to_Robert_Solow
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gptkbp:category
|
economic growth models
|
|
gptkbp:citation
|
endogenous growth theory
|
|
gptkbp:describes
|
long-term economic growth
|
|
gptkbp:developedBy
|
gptkb:Robert_Solow
gptkb:Trevor_Swan
|
|
gptkbp:explains
|
convergence
steady-state growth
|
|
gptkbp:field
|
macroeconomics
|
|
gptkbp:focusesOn
|
technological progress
capital accumulation
labor
|
|
gptkbp:form
|
partial differential equations
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Solow–Swan model
|
|
gptkbp:influenced
|
gptkb:neoclassical_growth_theory
|
|
gptkbp:influencedBy
|
gptkb:Harrod–Domar_model
|
|
gptkbp:introducedIn
|
1956
|
|
gptkbp:productionFunction
|
gptkb:Cobb–Douglas_production_function
|
|
gptkbp:publishedIn
|
gptkb:The_Quarterly_Journal_of_Economics
|
|
gptkbp:relatedTo
|
gptkb:Ramsey–Cass–Koopmans_model
gptkb:Harrod–Domar_model
|
|
gptkbp:usedFor
|
analyzing economic policies
studying income differences across countries
|
|
gptkbp:variant
|
capital per worker
output per worker
population growth rate
savings rate
technological progress rate
|
|
gptkbp:bfsParent
|
gptkb:Ramsey_model_of_saving
gptkb:Romer_model
gptkb:A_Contribution_to_the_Theory_of_Economic_Growth
|
|
gptkbp:bfsLayer
|
5
|