3 ms·
You mean like the Solow model? https://en.wikipedia.org/wiki/Solow%E2%80%93Swan_model https://en.wikipedia.org/wiki/Solow%E2%80%93Swan_model
by yummyfajitas 10y ago
You mean like the Solow model?
https://en.wikipedia.org/wiki/Solow%E2%80%93Swan_model https://en.wikipedia.org/wiki/Solow%E2%80%93Swan_model
- pzone 10y agoThe Solow model is a model of capital accumulation, not endogenous technological change per se. Romer (1986) is a better example.