Accumulation of capital, production functions and models of economic growth

João Ferreira do Amaral

No 2023/0270, Working Papers REM from ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa

Abstract: This paper is about the possible interdependence of the assumptions related to the properties of the process of accumulation of capital and the properties of the production function as they are used in models of economic growth. The case of a semi-bounded substitution production function exemplifies this kind of interdependence and the consequent restrictions that may condition economic growth.

Keywords: economic growth; technological change; innovation; production function. (search for similar items in EconPapers)
JEL-codes: E10 E11 E22 N10 O30 (search for similar items in EconPapers)
Date: 2023-04
New Economics Papers: this item is included in nep-eff and nep-gro
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Persistent link: https://EconPapers.repec.org/RePEc:ise:remwps:wp02702023

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