Statements (23)
Predicate | Object |
---|---|
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:basisFor |
modern growth economics
|
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 |
Y = F(K, L, A)
|
https://www.w3.org/2000/01/rdf-schema#label |
Solow model
|
gptkbp:influenced |
endogenous growth theory
|
gptkbp:introducedIn |
1956
|
gptkbp:relatedTo |
gptkb:neoclassical_growth_theory
|
gptkbp:usedIn |
economic policy analysis
|
gptkbp:bfsParent |
gptkb:Solow–Swan_growth_model
|
gptkbp:bfsLayer |
5
|