Neoclassical growth model — See also: Ramsey growth model The neoclassical growth model, also known as the Solow–Swan growth model or exogenous growth model, is a class of economic models of long run economic growth set within the framework of neoclassical economics.… … Wikipedia
Exogenous growth model — The Exogenous growth model, also known as the Neo classical growth model or Solow growth model is a term used to sum up the contributions of various authors to a model of long run economic growth within the framework of neoclassical… … Wikipedia
Ramsey growth model — The Ramsey growth model is a neo classical model of economic growth based primarily on the work of the economist and mathematician Frank Ramsey. The Solow growth model is similar to the Ramsey growth model, however without incorporating an… … Wikipedia
Solow residual — The Solow residual is a number describing empirical productivity growth in an economy from year to year and decade to decade. Robert Solow defined rising productivity as rising output with constant capital and labor input. It is a residual… … Wikipedia
Solow Residual — A measure of the empirical productivity growth in an industry or macroeconomy over comparable time periods, such as from year to year and decade to decade. The measure is deemed residual because its growth is not explained by capital accumulation … Investment dictionary
Economic growth — GDP real growth rates, 1990–1998 and 1990–2006, in selected countries … Wikipedia
Growth accounting — is a set of theories used in economics to explain and model short run economic growth.The total national income in an economy may be modeled as being explained by various factors. A basic function of these factors is known as the production… … Wikipedia
Solow, Robert M. — ▪ American economist in full Robert Merton Solow born August 23, 1924, Brooklyn, New York, U.S. American economist who was awarded the 1987 Nobel Prize for Economics for his important contributions to theories of economic growth.… … Universalium
Model (macroeconomics) — A model in macroeconomics is a logical, mathematical, and/or computational framework designed to describe the operation of a national or regional economy, and especially the dynamics of aggregate quantities such as the total amount of goods and… … Wikipedia
Solow, Robert M(erton) — born Aug. 23, 1924, Brooklyn, N.Y., U.S. U.S. economist. He received his Ph.D. from Harvard University and began teaching at the Massachusetts Institute of Technology in 1949. Solow developed a mathematical model that could show the relative… … Universalium
Robert Solow — Infobox Scientist name = Robert Solow imagesize = 180px caption = Bill Clinton awarding Solow the National Medal of Science (1999) birth date = Birth date and age|1924|8|23|mf=y birth place = New York City, New York, U.S. nationality = United… … Wikipedia
