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Neoclassical vs. endogenous growth analysis: An overview.

Authors :
McCallum, Bennett T.
Source :
Economic Quarterly (10697225). Fall96, Vol. 82 Issue 4, p41. 31p.
Publication Year :
1996

Abstract

Compares the traditional neoclassical theory of economic growth with several endogenous growth models to account for ongoing per capita growth. Basic neoclassical setup; Technical progress; Optimality; History of thought; Weaknesses of the neoclassic model; Endogenous growth mechanisms; Issues concerning endogenous growth analysis; Conditional convergence.

Details

Language :
English
ISSN :
10697225
Volume :
82
Issue :
4
Database :
Academic Search Index
Journal :
Economic Quarterly (10697225)
Publication Type :
Academic Journal
Accession number :
9701273806