Statements (50)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
gptkb:Solow_growth_model
|
| gptkbp:assumes |
constant returns to scale
diminishing returns to capital exogenous technological progress |
| gptkbp:basisFor |
gptkb:AK_model
gptkb:Ramsey-Cass-Koopmans_model endogenous growth theory |
| gptkbp:category |
economic models
macroeconomic models growth models |
| gptkbp:describes |
long-term economic growth
|
| gptkbp:developedBy |
gptkb:Robert_Solow
gptkb:Trevor_Swan |
| gptkbp:explains |
role of technological progress
role of capital accumulation role of labor |
| gptkbp:field |
macroeconomics
economic growth theory |
| 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:mathematicallyFormulatedAs |
partial differential equations
|
| gptkbp:predicts |
steady-state growth
conditional convergence |
| gptkbp:publishedIn |
gptkb:The_Review_of_Economics_and_Statistics
|
| gptkbp:relatedTo |
savings
capital accumulation neoclassical economics depreciation exogenous growth model productivity labor force growth technological change output growth steady-state equilibrium capital-output ratio diminishing marginal returns exogenous variables total factor productivity |
| gptkbp:uses |
gptkb:Cobb-Douglas_production_function
aggregate production function |
| gptkbp:variant |
capital per worker
output per worker population growth rate savings rate technological progress rate |
| gptkbp:bfsParent |
gptkb:Exogenous_Technological_Change
|
| gptkbp:bfsLayer |
6
|