Capital and Growth

Delano Villanueva, Roberto Mariano, Diwa C Guinigundo and Abbas Mirakhor

Chapter 4 in Economic Adjustment and Growth:Theory and Practice, 2023, pp 65-95 from World Scientific Publishing Co. Pte. Ltd.

Abstract: The following sections are included:IntroductionA Neoclassical Model of Capital and GrowthReduced ModelStability of Equilibrium and Growth DynamicsComparative DynamicsOptimal Saving RateSummary and ConclusionAppendix 4.A: Derivation of the Key Innovation of DV ModelReferences

Keywords: Adjustment and Growth; Testing Growth Models; Labor Participation; Human and Intellectual Capital; Finance and Growth; Adaptive Inflationary Expectations; Learning by Doing; Optimal Saving; Sustainable Foreign Debt; Stabilization and Structural Policies; Emerging Economy Case Study (search for similar items in EconPapers)
JEL-codes: E E02 F4 O11 O4 (search for similar items in EconPapers)
Date: 2023
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