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gptkbp:instanceOf
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gptkb:economic_policy
|
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gptkbp:alsoKnownAs
|
gptkb:Solow_growth_model
|
|
gptkbp:assumes
|
constant returns to scale
diminishing returns to capital
exogenous technological progress
|
|
gptkbp:category
|
economic growth models
|
|
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
|
gptkb:Cobb-Douglas_production_function
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Solow-Swan model
|
|
gptkbp:influenced
|
endogenous growth theory
|
|
gptkbp:introducedIn
|
1956
|
|
gptkbp:predicts
|
conditional convergence
impact of population growth on output
impact of savings rate on growth
|
|
gptkbp:publishedIn
|
gptkb:The_Quarterly_Journal_of_Economics
|
|
gptkbp:relatedTo
|
gptkb:Harrod-Domar_model
gptkb:Ramsey-Cass-Koopmans_model
|
|
gptkbp:usedFor
|
policy analysis
analyzing cross-country income differences
|
|
gptkbp:bfsParent
|
gptkb:AK_model
gptkb:Modern_Growth_Theory
gptkb:neoclassical_growth_theory
|
|
gptkbp:bfsLayer
|
6
|