Solow growth model
E391913
The Solow growth model is a foundational economic framework that explains long-run economic growth through capital accumulation, labor or population growth, and exogenous technological progress.
All labels observed (8)
| Label | Occurrences |
|---|---|
| Solow growth model canonical | 3 |
| Solow–Swan growth model | 3 |
| A Contribution to the Theory of Economic Growth | 1 |
| Solow | 1 |
| Solow model with human capital | 1 |
| Solow residual | 1 |
| Solow‑Swan model | 1 |
| Solow–Swan model | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T3821648 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
Target entity: Solow growth model Context triple: [Introduction to Modern Economic Growth, topic, Solow growth model]
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A.
Kaldor growth model
The Kaldor growth model is a post-Keynesian economic framework that explains long-run economic growth through the interaction of capital accumulation, income distribution, and demand-driven dynamics.
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B.
Ramsey–Cass–Koopmans model
The Ramsey–Cass–Koopmans model is a foundational neoclassical growth model in macroeconomics that analyzes optimal savings, consumption, and capital accumulation over time in a perfectly competitive economy.
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C.
Introduction to Modern Economic Growth
Introduction to Modern Economic Growth is a comprehensive graduate-level textbook that rigorously develops the theory and empirics of long-run economic growth, with a strong emphasis on microfoundations and institutional factors.
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D.
Kaldor’s stylized facts of economic growth
Kaldor’s stylized facts of economic growth are a set of empirical regularities about long-run economic development—such as stable capital-output ratios and rising labor productivity—that guided modern theories of growth and distribution.
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E.
Kaldor–Verdoorn law
The Kaldor–Verdoorn law is an economic principle that posits a positive relationship between the growth of output and the growth of labor productivity, often used to explain cumulative and self-reinforcing processes in industrial growth.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
Target entity: Solow growth model Target entity description: The Solow growth model is a foundational economic framework that explains long-run economic growth through capital accumulation, labor or population growth, and exogenous technological progress.
-
A.
Kaldor growth model
The Kaldor growth model is a post-Keynesian economic framework that explains long-run economic growth through the interaction of capital accumulation, income distribution, and demand-driven dynamics.
-
B.
Ramsey–Cass–Koopmans model
The Ramsey–Cass–Koopmans model is a foundational neoclassical growth model in macroeconomics that analyzes optimal savings, consumption, and capital accumulation over time in a perfectly competitive economy.
-
C.
Introduction to Modern Economic Growth
Introduction to Modern Economic Growth is a comprehensive graduate-level textbook that rigorously develops the theory and empirics of long-run economic growth, with a strong emphasis on microfoundations and institutional factors.
-
D.
Kaldor’s stylized facts of economic growth
Kaldor’s stylized facts of economic growth are a set of empirical regularities about long-run economic development—such as stable capital-output ratios and rising labor productivity—that guided modern theories of growth and distribution.
-
E.
Kaldor–Verdoorn law
The Kaldor–Verdoorn law is an economic principle that posits a positive relationship between the growth of output and the growth of labor productivity, often used to explain cumulative and self-reinforcing processes in industrial growth.
- F. None of above. chosen
Statements (49)
| Predicate | Object |
|---|---|
| instanceOf |
economic growth model
ⓘ
macroeconomic model ⓘ neoclassical growth model ⓘ |
| assumes |
closed economy in basic version
ⓘ
competitive markets ⓘ constant returns to scale production function ⓘ diminishing returns to capital ⓘ exogenous population growth ⓘ exogenous savings rate ⓘ exogenous technological progress ⓘ |
| classification | exogenous growth model ⓘ |
| coreVariable |
capital stock
ⓘ
labor ⓘ output ⓘ technology level ⓘ |
| describes | long-run economic growth ⓘ |
| distinguishes |
growth from factor accumulation
ⓘ
growth from technological progress ⓘ |
| explains |
role of capital accumulation in growth
ⓘ
role of exogenous technological progress in growth ⓘ role of labor growth in output growth ⓘ |
| feature |
capital deepening
ⓘ
capital widening ⓘ golden rule level of capital ⓘ |
| field |
economic growth theory
ⓘ
macroeconomics ⓘ |
| hasExtension |
Solow model with government
ⓘ
Solow growth model self-linksurface differs ⓘ
surface form:
Solow model with human capital
open-economy Solow model ⓘ |
| implies |
diminishing marginal product of capital
ⓘ
long-run growth in output per worker driven by technology ⓘ |
| influenced |
endogenous growth models
ⓘ
modern growth theory ⓘ policy analysis on savings and investment ⓘ |
| introducedBy |
Robert Solow
ⓘ
surface form:
Robert M. Solow
|
| introducedIn | 1956 ⓘ |
| namedAfter | Robert Solow ⓘ |
| oftenUses | Cobb–Douglas production function ⓘ |
| predicts |
convergence in income per capita under certain conditions
ⓘ
existence of steady-state capital per worker ⓘ existence of steady-state output per worker ⓘ transitional dynamics toward steady state ⓘ |
| publication |
Solow growth model
self-linksurface differs
ⓘ
surface form:
A Contribution to the Theory of Economic Growth
|
| publicationYear | 1956 ⓘ |
| usedFor |
analyzing effects of savings rate changes
ⓘ
analyzing population growth effects on income per capita ⓘ cross-country income comparisons ⓘ growth accounting ⓘ |
| uses | aggregate production function ⓘ |
How these facts were elicited
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Subject: Solow growth model Description of subject: The Solow growth model is a foundational economic framework that explains long-run economic growth through capital accumulation, labor or population growth, and exogenous technological progress.
Referenced by (12)
Full triples — surface form annotated when it differs from this entity's canonical label.