Endogenous Growth Theory and Models: the “First Wave”, 1952–1973

Stephen Spear () and Warren Young ()
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Warren Young: Bar-Ilan University

No 2016-02, Working Papers from Bar-Ilan University, Department of Economics

Abstract: In previous papers (Spear and Young 2014, 2015a, 2015b), we surveyed the origins, evolution and dissemination of optimal growth, two sector and turnpike, and stochastic growth models. In this paper, we focus on endogenous growth theory and models. However, in contrast to our previous findings regarding optimal growth theory and its offshoots, which exhibited fairly direct lines of conceptual development, the endogenous growth story, as will be seen, is multifaceted, with a more complex pattern of intellectual evolution.

Pages: 38 pages
Date: 2016-05
New Economics Papers: this item is included in nep-gro and nep-his
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