Ghanaians see the evidence of economic wear-and-tear every day . Potholes often appear soon after a road project is ...
Nobel laureate Robert Solow, credited as the founder of the modern model of economic growth, died on Thursday at the age of 99. Through his writings in the 1950s, Solow challenged traditional thinking ...
Economic Theory, Vol. 29, No. 2, Symposium in Honor of Mukul Majumdar (Oct., 2006), pp. 341-362 (22 pages) We highlight two features of undiscounted optimal growth in the context of a two-sector model ...
The Laureates Mokyr, Aghion, Howitt explain the role of innovation, prescriptive knowledge, creative destruction ...
But that thinking changed with the emergence of endogenous growth theory, which aims to explain which forces drive innovation ...
How do societies become richer? Robert Solow, an American economist who died Thursday at age 99, said technical progress and innovation were a core reason economies grew and people became prosperous.
The MIT economist and Nobel laureate Robert Solow, who passed away in December at the age of 99, was a seminal figure, renowned for his groundbreaking research on the drivers of economic growth. But, ...
The study of economic geography and spatial models has evolved to integrate complex mathematical frameworks and empirical insights to understand the spatial dynamics of economic activities.
The future of growth models will be driven by innovation, and this is both a challenge and an opportunity, as reflected in ...