theory of endogenous economic growth

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:category macroeconomics
growth economics
gptkbp:citation gptkb:Solow–Swan_model
gptkbp:contrastsWith exogenous growth theory
gptkbp:developedBy gptkb:Paul_Romer
gptkb:Robert_Lucas_Jr.
1980s
gptkbp:emphasizes internal factors
gptkbp:explains growth as result of innovation
growth as result of investment in human capital
growth as result of knowledge
growth as result of technology
gptkbp:field economics
gptkbp:focusesOn long-term economic growth
https://www.w3.org/2000/01/rdf-schema#label theory of endogenous economic growth
gptkbp:influenced policy making
modern macroeconomics
gptkbp:proposedBy government policy can affect growth rate
knowledge spillovers are important
returns to scale can be increasing
gptkbp:publishedIn gptkb:Journal_of_Political_Economy
gptkbp:relatedTo gptkb:Romer_model
gptkb:AK_model
gptkb:Lucas_model
gptkbp:bfsParent gptkb:Yoshihisa_Murakami
gptkbp:bfsLayer 7