Journal ArticleDOI
ECONOMIC GROWTH and CAPITAL ACCUMULATION
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This article is published in Economic Record.The article was published on 1956-11-01. It has received 3961 citations till now. The article focuses on the topics: Capital deepening & Capital intensity.read more
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Catching Up, Forging Ahead, and Falling Behind
TL;DR: The catch-up hypothesis holds that, in comparisons among countries, productivity growth rates tend to vary inversely with productivity levels as discussed by the authors, and the convergence of productivity levels implies the relative success of early leaders and latecomers.
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Recursive methods in economic dynamics
TL;DR: In this article, a deterministic model of optimal growth is proposed, and a stochastic model is proposed for optimal growth with linear utility and linear systems and linear approximations.
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Reopening the Convergence Debate: A New Look at Cross-Country Growth Empirics
TL;DR: This article used a generalized method of moments estimator to estimate a variety of cross-country growth regressions and found that per capita incomes converge to their steady-state levels at a rate of approximately 10 percent per year.
Journal ArticleDOI
Prosperity without growth : economics for a finite planet
TL;DR: The Age of Irresponsibility, the Dilemma of growth, the Myth of Decoupling, the Iron Cage of Consumerism, and the Green New Deal as mentioned in this paper.
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Capital-labor substitution and economic efficiency
TL;DR: In this article, the authors proposed a method to improve the quality of the service provided by the service provider by using the information of the user's interaction with the provider and the provider.