Neoclassical and Keynesian View on a Growth of Economy of SR

Daniel Dujava

No 1, EAPG Working Paper Series from Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava

Abstract: In the study we focus on theoretical and practical aspects of neoclassical models of economic growth, i.e. Sollow-Swan model and Ramsey-Cass-Koopmans model and keynesian Kaldor model. We explain theory of Sollow-Swan model and calibrate parameters of the model according to economy of the Slovak Republic. We compare Sollow-Swan model to Kaldor model and estimate main functions of Kaldor model for the economy of the SR. We explain means of making propensity to save endogenous in Ramsey-Cass-Koopmans model and we examine whether endogenous propensity is useful in describing economy of SR.

Keywords: Economic growth; Harrod-Domar model; Kaldor model; Ramsey-Cass-Koopmans model; Sollow-Swan model; technology growth (search for similar items in EconPapers)
JEL-codes: B22 E20 O11 (search for similar items in EconPapers)
Pages: 68 pages
Date: 2010-09-21
New Economics Papers: this item is included in nep-fdg
References: Add references at CitEc
Citations:

Downloads: (external link)
https://nhf.euba.sk/www_write/files/katedry/khp/eapg/wp001.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:brt:wpaper:001

Access Statistics for this paper

More papers in EAPG Working Paper Series from Department of Economic Policy, Faculty of National Economy, University of Economics in Bratislava Contact information at EDIRC.
Bibliographic data for series maintained by Martin Labaj ().