Statements (42)
Predicate | Object |
---|---|
gptkbp:instanceOf |
gptkb:economic_policy
|
gptkbp:alsoKnownAs |
gptkb:Solow_model
|
gptkbp:assumes |
no government
aggregate production function constant returns to scale closed economy diminishing returns to capital exogenous technological progress |
gptkbp:citation |
highly cited
|
gptkbp:describes |
long-run 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 growth model
|
gptkbp:influenced |
endogenous growth theory
|
gptkbp:influencedBy |
classical economics
neoclassical economics |
gptkbp:predicts |
conditional convergence
impact of population growth on output impact of savings on growth impact of technological progress on output |
gptkbp:productionFunction |
Cobb-Douglas
|
gptkbp:publishedIn |
gptkb:The_Review_of_Economics_and_Statistics
|
gptkbp:relatedTo |
gptkb:Harrod-Domar_model
gptkb:Ramsey-Cass-Koopmans_model |
gptkbp:usedFor |
policy analysis
growth accounting analyzing economic growth differences |
gptkbp:variant |
capital per worker
output per worker population growth rate savings rate technological progress rate |
gptkbp:yearProposed |
1956
|
gptkbp:bfsParent |
gptkb:classical_growth_model
|
gptkbp:bfsLayer |
7
|