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Recent investigations into cross-country convergence follow Mankiw, Romer, and Weil (1992) in using a log-linear approximation to the Swan-Solow growth model to specify regressions. These studies tend ...
The Long Term Growth Model is an Excel-based tool to analyze long-term growth scenarios building on the celebrated Solow-Swan Growth Model.
The paper considers international per capita output and its growth using a panel of data for 102 countries between 1960 and 1989. It sets out an explicitly stochastic Solow growth model and shows that ...
Robert Solow: An unsung economist Solow changed the way we think about economic phenomena. He made seminal contributions to growth theory ...
Although the economic growth literature has come a long way since the Solow-Swan model of the fifties, there is still considerable debate on the "real' or "deep" determinants of growth. This paper ...