A New Proof of Uzawa's Steady-State Growth Theorem

Charles Jones and Dean Scrimgeour

The Review of Economics and Statistics, 2008, vol. 90, issue 1, 180-182

Abstract: This note revisits the proof of the steady-state growth theorem, first given by Uzawa in 1961.We provide a clear statement of the theorem, discuss intuition for why it holds, and present a new, elegant proof due to Schlicht (2006). Copyright by the President and Fellows of Harvard College and the Massachusetts Institute of Technology.

Date: 2008
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