|
gptkbp:instanceOf
|
gptkb:economic_policy
|
|
gptkbp:alsoKnownAs
|
gptkb:Solow–Swan_model
|
|
gptkbp:assumes
|
constant returns to scale
diminishing returns to capital
exogenous technological progress
|
|
gptkbp:category
|
economic growth models
macroeconomic 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
|
|
gptkbp:form
|
aggregate production function
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Solow growth model
|
|
gptkbp:influenced
|
endogenous growth theory
|
|
gptkbp:introducedIn
|
1956
|
|
gptkbp:predicts
|
convergence to steady state
|
|
gptkbp:productionFunction
|
gptkb:Cobb–Douglas_production_function
|
|
gptkbp:publishedIn
|
gptkb:The_Review_of_Economics_and_Statistics
|
|
gptkbp:relatedTo
|
gptkb:Ramsey–Cass–Koopmans_model
gptkb:Harrod–Domar_model
gptkb:neoclassical_growth_theory
|
|
gptkbp:usedFor
|
analyzing sources of economic growth
|
|
gptkbp:variant
|
capital per worker
output per worker
population growth rate
savings rate
technological progress rate
|
|
gptkbp:bfsParent
|
gptkb:Development_economics
gptkb:Solow–Swan_model
gptkb:Macroeconomic_Theory
|
|
gptkbp:bfsLayer
|
6
|