The Dynamic Leontief Model and the Theory of Endogenous Growth
Heinz Kurz () and
Neri Salvadori ()
Economic Systems Research, 2000, vol. 12, issue 2, 255-265
This paper shows that the dynamic Leontief model can be interpreted as a linear model of endogenous growth. The long-term rate of growth is determined within the economic system - either as the outcome of the saving and investment behaviour of agents or as the outcome of some planner's maximization of some objective function.
Keywords: Dynamic Leontief Model; Endogenous Growth; Saving Investment (search for similar items in EconPapers)
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