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growth models

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Journal Article
History of Political Economy (2016) 48 (2): 265–306.
Published: 01 June 2016
... discounting utilities of future generations, to which Frank Ramsey subscribed, postwar neoclassical growth economists (of the “Ramsey-Cass-Koopmans model”) applied the discount factor either to the individual's or the social planner's decision making as a technical requirement of dynamic general equilibrium...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
..., empirical data, bits of economic theory, institutional arrangements, the aims and hopes of economic planning, images and visions of the economy, and the practical requirements and affordances of computing technologies. The article traces the movements and changes of the multi-sector growth model...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 229–251.
Published: 01 December 2014
..., it enabled experimentation with utopian long-run equilibrium growth. As an instrument of measurement, it was applied to time-series data. As a prototype, it was supposed to feed into larger-scale econometric models that were, in turn, thought of as technologies for policy advice. Used as a teaching device...
Journal Article
History of Political Economy (1983) 15 (4): 529–548.
Published: 01 November 1983
.... History of Political Economy 15:4 0 1983 by Duke University Press Otto Bauer’s scheme of expanded reproduction: an early Harrodian growth model Ze’ev B. Orzech and Shalom Groll Convention dates macroeconomic growth theory from post-Keynesian...
Journal Article
History of Political Economy (1984) 16 (2): 175–186.
Published: 01 June 1984
... ( 1867 , 1885 , 1894 ) 3 vols. Trans. Chicago. Orzech , Z. , and S. Groll 1983 . ‘Otto Bauer's scheme of expanded reproduction: an early Harrodian growth model.’ History of Political Economy 15 , no. 4 : 529 -48. Samuelson , P. 1939 . ‘Interaction between the multiplier analysis...
Journal Article
History of Political Economy (2021) 53 (4): 595–631.
Published: 01 August 2021
... Spectra .” Proceedings of the National Academy of Sciences 18 , no. 3 : 255 – 63 . Kurz Heinz D. Salvadori Neri 1993 . “ Von Neumann’s Growth Model and the ‘Classical’ Tradition .” European Journal of the History of Economic Thought 1 , no. 1 : 129 – 60 . Lanouette William...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 1–23.
Published: 01 December 2009
... of Chicago Press. Hotelling, Harold. 1931 . The Economics of Exhaustible Resources. Journal of Political Economy 39 : 137 –75. Jones, Charles. 1998 . Introduction to Economic Growth . New York: Norton. Kaldor, Nicholas. 1957 . A Model of Economic Growth. Economic Journal 67 : 591 –624...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 107–126.
Published: 01 December 2009
...Robert W. Dimand; Barbara J. Spencer The independent contributions of Robert Solow and the Australian economist Trevor Swan in developing the neoclassical growth model are sometimes recognized by reference to the “Solow-Swan” model, but often reference is made only to the “Solow” model. Both Solow...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 161–181.
Published: 01 December 2009
... in this article is to understand how Ramsey's growth model became part of the neoclassical literature on economic growth in the 1950s and 1960s and how Ramsey became a sacred predecessor of this field. In order to better understand the stabilization of Ramsey's growth model in postwar economics, I conduct a JSTOR...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 263–281.
Published: 01 December 2009
...Guido Erreygers Exhaustible resources were integrated into the neoclassical growth model in the early 1970s. This happened partly as a reaction to various reports focusing on the limits to growth. At a deeper level, the debate on Rawls's theory of justice in an intergenerational context...
Journal Article
History of Political Economy (1971) 3 (1): 28–55.
Published: 01 March 1971
...Howard J. Sherman The object of this article is to review the previous models and offer some new ones based on Marx's theories of national income, capital accumulation, growth, cycles, and cyclical growth. Marx did not anywhere put together his various discussions of these points in a systematic...
Journal Article
History of Political Economy (1975) 7 (2): 227–251.
Published: 01 June 1975
...Daniel Horowitz Copyright © 1975 by Duke University Press 1975 [HOPE Vol. 7 (1975) No. 21 Textbook models of American economic growth, 1837-191 1 Da nie 1 Horo wit z I During the last twenty years...
Journal Article
History of Political Economy (2017) 49 (3): 405–436.
Published: 01 September 2017
.... Reactions to Domar's approach at the time brought about methodological assertions on the distinction between models and theories. Domar's model was an open one, in the sense that his growth equation allowed different closures. A main feature of the model was its relatively stable capital-output ratio, which...
Journal Article
History of Political Economy (1971) 3 (2): 278–297.
Published: 01 June 1971
...William David Montgomery References Diamond , P. A. , “National Debt in a Neo-Classical Growth Model,” American Economic Review , vol. 55 (Dec. 1965 ). Floss , L. “Some Notes on Leon Walras' Theory of Capitalization and Credit,” Metroeconomica , vol. 9 (April 1957...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 221–240.
Published: 01 December 2009
...John Toye Although Robert Solow never applied his neoclassical growth model to an underdeveloped country, neither did he ever exclude underdeveloped countries from its scope. For a generation, the model's use to predict worldwide convergence in levels of per capita income provided the main link...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 182–199.
Published: 01 December 2009
...Robert W. Dimand; Steven N. Durlauf Although Tobin 1955 was one of the founding papers of the neoclassical one-sector growth model with smooth substitution between capital and labor, James Tobin's contributions to long-run growth theory throughout his career stood apart from other neoclassical...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 285–303.
Published: 01 December 2009
...Roger J. Sandilands This paper evaluates Solow's neoclassical growth model and related empirical estimates of the sources of growth. Invoking Allyn Young, it is argued that the fundamental sources of growth cannot be measured by the value of factor inputs (including research inputs) without...
Journal Article
History of Political Economy (2020) 52 (1): 101–133.
Published: 01 February 2020
... industries (it is higher in manufacturing industry than in services) and human demand for both agricultural and manufactured goods does not grow continuously and may be saturated. These two principles allowed him to propose a model which attempted to predict the high growth observed after World War II...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 241–262.
Published: 01 December 2009
...Brian Snowdon For almost thirty years the Solow model experienced relative neglect within the field of development economics. However, since the mid-1980s the neoclassical growth model has been at the heart of the debate among economists interested in the important issues of growth, development...
Journal Article
History of Political Economy (2015) 47 (3): 449–479.
Published: 01 September 2015
... by cumulative investment. We finally study the different strategies for modeling learning developed in the 1950s and 1960s, showing the influence of RAND's and Armen Alchian's contributions on Arrow's use of a log-linear equation of learning and its introduction into an economic growth model. Correspondence...