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Part of the book series: Mathematics and Its Applications ((MAIA,volume 302))

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Abstract

As a prelude to subsequent investigations of neoclassical, Keynesian and two-sector growth models, we briefly recapitulate the main results of our inquiries into endogenous growth models, classical and their extensions. The contention of classical economics that economic welfare (the wealth of nations) depends on capital accumulation and population growth are never seriously disputed.

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© 1994 Springer Science+Business Media Dordrecht

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Jensen, B.S. (1994). Synopsis of endogenous growth models. In: The Dynamic Systems of Basic Economic Growth Models. Mathematics and Its Applications, vol 302. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-1036-5_6

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  • DOI: https://doi.org/10.1007/978-94-011-1036-5_6

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-010-4451-6

  • Online ISBN: 978-94-011-1036-5

  • eBook Packages: Springer Book Archive

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