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Relevant bibliographies by topics / Harrod-Domar Growth Model

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Academic literature on the topic 'Harrod-Domar Growth Model'

Author: Grafiati

Published: 4 June 2021

Last updated: 17 February 2022

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Journal articles on the topic "Harrod-Domar Growth Model"

1

Tarasov, Vasily E., and Valentina V. Tarasova. "Harrod–Domar Growth Model with Memory and Distributed Lag." Axioms 8, no. 1 (2019): 9. http://dx.doi.org/10.3390/axioms8010009.

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In this paper, we propose a macroeconomic growth model, in which we take into account memory with power-law fading and gamma distributed lag. This model is a generalization of the standard Harrod–Domar growth model. Fractional differential equations of this generalized model with memory and lag are suggested. For these equations, we obtain solutions, which describe the macroeconomic growth of national income with fading memory and distributed time-delay. The asymptotic behavior of these solutions is described.

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2

Ahmad, Eatzaz, and Amber Naz. "An Empirical Analysis of Convergence Hypothesis." Pakistan Development Review 39, no. 4II (2000): 729–40. http://dx.doi.org/10.30541/v39i4iipp.729-740.

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A useful contribution of wide ranging debate in the growth literature is that it has put forward a number of testable hypotheses. One of such hypotheses is known as the convergence hypothesis whereby it is postulated that in the long run developing countries would catch-up with the developed countries in terms of per capita income. Although the convergence hypothesis has gained researchers’ interest in recent times, the basic proposition was laid down in the neo-classical growth model of Solow (1956) and Swan (1956). Traditionally Solow-Swan model has been regarded as a theoretically consisten

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3

Boianovsky, Mauro. "Domar, expectations, and growth stabilization." Cambridge Journal of Economics 45, no. 4 (2021): 723–50. http://dx.doi.org/10.1093/cje/beab019.

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Abstract Evsey Domar investigated in the 1940s the implementation of growth stabilization policy under the assumption that policy makers and businessmen alike believed his theoretical growth model. Economic policy was supposed to work merely through the impact of its announcement on expectations. He claimed that confident expectations, generated by government’s assurance of future growth through fiscal policy, would induce private investment decisions in a scale that would bring about the required growth rate and by that justify the expectations, without putting the guarantee to test. Domar’s

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4

Rumawir, Jeane. "The Implementation of Harrod-Domar Economic Growth Model in North Sulawesi, Indonesia." International Journal of Applied Business and International Management 4, no. 1 (2019): 19–30. http://dx.doi.org/10.32535/ijabim.v4i1.379.

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The study aimed to: Understand and analyze the poors perceptions and attitude on poverty reduction programs, identify, elaborate, and analyzethe term poor among the poor people and identify and analyze meaning and expectation on poverty reduction program. This research applies developmental research method; the analysis model uses SEM (Structural Equation Modeling). Before applying this model, goodness of fit was conducted in order to find out whether this model can be accepted or not. The model could achived goodness of fit; therefore, all variables could follow hypothesis test. The research

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5

Akaev, A., U. Dzhamakeev, and A. Korotayev. "Economic Dynamics of the United States in 1990—2011: Keynesian Analysis." Voprosy Ekonomiki, no. 1 (January 20, 2013): 117–30. http://dx.doi.org/10.32609/0042-8736-2013-1-117-130.

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In this work a Keynesian analysis of economic development of the USA in 1990—2011 has been carried out. At the beginning, on the basis of the simple Harrod — Domar growth models, it has been shown that in this period the economic policy of the government did not provide balanced and sustainable economic growth. Then, in-depth analysis of economic growth with the use of Tobin’s monetary dynamic model has been carried out and it has been shown that recession in the U.S. economy, observed in 2007—2009, was the result of an explosive growth in the money supply caused by the need to finance the hug

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Khan, Ashfaque H., and Zafar Mueen Nasir. "Stylised Facts of Household Savings: Findings from the IDES 1993-94." Pakistan Development Review 37, no. 4II (1998): 749–63. http://dx.doi.org/10.30541/v37i4iipp.749-763.

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Saving, the fraction of national income that is not spent on current consumption, has long been widely regarded as a key factor in economic growth.1 The saving rate along with the incremental capital-output ratio determine the growth rate of the economy in the Harrod-Domar Model framework. The critical role of saving in capital accumulation and economic development is also recognised in the "two-gap" and classical growth models. For capital accumulation to result in sustained growth, it must be supported by adequate domestic/national savings. This has been clearly demonstrated by the extra-ord

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7

MAHADEA, DARMA. "PROSPECTS OF ENTREPRENEURSHIP TO THE CHALLENGE OF JOB CREATION IN SOUTH AFRICA." Journal of Developmental Entrepreneurship 17, no. 04 (2012): 1250020. http://dx.doi.org/10.1142/s1084946712500203.

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Entrepreneurship is critical to job creation and economic growth. Unemployment in South Africa is presently at about 25 percent. The formal sector is unable to provide adequate employment opportunities for labor although the country registered positive economic growth rates over the past 17 years since the demise of apartheid. Some people manage to obtain employment in the informal sector. However, this sector also has been shedding labor recently. Although the government has responded with many initiatives to deal with employment creation, unemployment rates, especially among the youth, remai

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8

Tarasov, Vasily E. "Generalized Memory: Fractional Calculus Approach." Fractal and Fractional 2, no. 4 (2018): 23. http://dx.doi.org/10.3390/fractalfract2040023.

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The memory means an existence of output (response, endogenous variable) at the present time that depends on the history of the change of the input (impact, exogenous variable) on a finite (or infinite) time interval. The memory can be described by the function that is called the memory function, which is a kernel of the integro-differential operator. The main purpose of the paper is to answer the question of the possibility of using the fractional calculus, when the memory function does not have a power-law form. Using the generalized Taylor series in the Trujillo-Rivero-Bonilla (TRB) form for

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9

Ilyash, Olha, Taras Vasyltsiv, Ruslan Lupak, and Volodymyr Get’manskiy. "Models of efficiency of functioning in trading enterprises under conditions of economic growth." Bulletin of Geography. Socio-economic Series 51, no. 51 (2021): 7–24. http://dx.doi.org/10.2478/bog-2021-0001.

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Abstract The socio-economic situation in Ukraine suggests that there is insufficient research into the applicability of the model of economic development in forecasting the economic environment in which trade enterprises function. Researchers into issues relating to the efficiency of enterprises’ functioning focus their interest on comprehensively describing efficiency indicators and determining the factors influencing it. There continues to be insufficient work on measuring efficiency and the extent to which it is limited by types of economic growth (development), based on the theory of margi

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10

Dasgupta, Dipankar. "Fixed coefficients, Harrod, Domar and the AK models of growth - Some common misconceptions explored." Indian Growth and Development Review 1, no. 1 (2008): 112–18. http://dx.doi.org/10.1108/igdr.2008.35001aab.001.

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Books on the topic "Harrod-Domar Growth Model"

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Easterly, William Russell. The ghost of financing gap: How the Harrod-Domar growth model still haunts development economics. World Bank, Development Research Group, 1997.

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2

Recesión, crisis, reactivación y crecimiento, 1998-2008: Una aproximación a la teoría de Roy Forbes Harrod. Centro de Estudios Socioeconómicos y Sindicales, 2012.

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Easterly, William. The Ghost of Financing Gap: How the Harrod-Domar Growth Model Still Haunts Development Economics. The World Bank, 1999. http://dx.doi.org/10.1596/1813-9450-1807.

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Toye, John. Development as economic growth, 1956–. Oxford University Press, 2017. http://dx.doi.org/10.1093/oso/9780198723349.003.0008.

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Economists often conflate the theory of economic development with the theory of economic growth. This practice has become increasingly popular since Robert Solow made elegant improvements to the Harrod–Domar growth model, but left it unclear whether it was meant to be applicable in developing countries. Solow’s model has one sector only and aggregates growth as increased GNP. It has no place for changes in the balance between economic sectors that characterize development. A related technique is growth accounting, which disaggregates growth into amounts generated by capital and labour inputs,

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Book chapters on the topic "Harrod-Domar Growth Model"

1

Eltis, Walter. "Harrod–Domar Growth Model." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 1987. http://dx.doi.org/10.1057/978-1-349-95121-5_1267-1.

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2

Eltis, Walter. "Harrod–Domar Growth Model." In The New Palgrave Dictionary of Economics. Palgrave Macmillan UK, 2018. http://dx.doi.org/10.1057/978-1-349-95189-5_1267.

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3

"11 Harrod–Domar growth model with memory." In Economic Dynamics with Memory. De Gruyter, 2021. http://dx.doi.org/10.1515/9783110627459-011.

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Thomas K, Cheng. "3 Theoretical Analysis of Economic Growth." In Competition Law in Developing Countries. Oxford University Press, 2020. http://dx.doi.org/10.1093/law-ocl/9780198862697.003.0004.

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This chapter presents a theoretical analysis of economic growth. The first growth model in modern economics is arguably the Harrod–Domar growth model, named after Roy Harrod and Evsey Domar. Under this model, the major obstacle to economic growth is a lack of investment, which in turn is caused by a lack of capital. Therefore, the solution to poor growth is to somehow plug the savings gap by increasing domestic savings or foreign aid. Two other growth models that emphasize the importance of investment and capital accumulation were proposed by Nobel Laureate Arthur Lewis and Walt Rostow. The main thesis behind Lewis’s model is the idea of unlimited surplus of rural labor. Growth is therefore predicated on the increase in size of the industrial sector in the economy. Meanwhile, Rostow posits a five-stage evolutionary growth model. He argues that the key to moving from one stage to the next is the extension of the existing structure of production, which again requires investment in the capital stock. The chapter also looks at the Solow–Swan model, which is often regarded as the first modern growth model, as well as the endogenous growth models such as the AK model; the Lucas Human Capital model; the Romer Knowledge Spillover and Product Variety models; and the Schumpeterian growth models.

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5

Cornia, Giovanni Andrea. "Long-term Supply-side Macro Models of Potential Growth." In The Macroeconomics of Developing Countries. Oxford University Press, 2020. http://dx.doi.org/10.1093/oso/9780198856672.003.0002.

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This chapter presents empirical data on long-term trends in growth and income inequalitybefore discussing the nature, main features, and immediate and underlying determinants of long-term growth. It reviews the origins of income differences among world citizens by making reference to colonial history, pre-existing feudal institutions in low-income countries, and differences in growth rates between developed and developing countries. It subsequently presents the long-term growth models developed for the industrialized countries, including the Harrod–Domar model, the neoclassical exogenous growth models of Solow and Mankiw–Romer–Weil, the endogenous growth models of Romer and Aghion–Howitt, and the Unified Growth Theory. It provides also a brief comparison of the main features and dynamic properties of each model.

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6

"Post-World War II Growth Models: Harrod-Domar and Solow." In Economic Growth and Development. WORLD SCIENTIFIC, 2016. http://dx.doi.org/10.1142/9789814733342_0005.

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7

"The Evolution of Growth Models: From Smith to Harrod-Domar." In Economic Growth and Development. WORLD SCIENTIFIC, 2012. http://dx.doi.org/10.1142/9789814374651_0004.

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Conference papers on the topic "Harrod-Domar Growth Model"

1

Конозова, Анна, Anna Konozova, Елизавета Синдицкая, Elizaveta Sinditskaya, Медея Шатиришвили, and Medeya Shatirishvili. "Model of economic growth of Harrod-Domar." In Mathematics in Economics. AUS PUBLISHERS, 2018. http://dx.doi.org/10.26526/conferencearticle_5c24b1d4b74d79.56177717.

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In this article the model of economic growth of Harrod-Domar is considered. Positions of model of a role of investments of Domar and model of the features of the market of the benefits of Harrod are provided in a separate economic section. By means of model the task is solved that reflects not only theoretical, but also practical usefulness of its application. Conclusions as a result of the analysis of model are drawn.

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2

Ibrahim, Mohamed Isse. "Foreign Direct Investment as an Important Source of External Development Financing: New Evidence in Turkey." In International Conference on Eurasian Economies. Eurasian Economists Association, 2019. http://dx.doi.org/10.36880/c11.02247.

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Foreign direct investment is a critical source of external instruments for financing development for Turkey, FDI can contribute to technology diffusion, Economic growth, Employment generation and Sustainable development. However; the Objective of this research is to examine whether foreign direct investment as an external source of financing effects economic growth in Turkey, based on time series data from 2003 to 2016 during the Erdoğan administration. This study employed Harrod-domar growth model using under OLS method. The paper considerate main variables foreign direct investment, Exchange

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3

Bal, Oğuz. "Theoretical Perspective on the Concept of Sustainable Economic Growth." In International Conference on Eurasian Economies. Eurasian Economists Association, 2017. http://dx.doi.org/10.36880/c08.01839.

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Economic growth, real GDP is a concept that is related to the growth rate of the country. The history of this concept dates back to the mercantilist era. Mercantilist period the active actor is the state, while state intervention in fizyokrat, in contrast to the natural order, rationalism, and "laissez-fairy, laissez passer" was highlighted. The main idea in the classics of liberalism. Opinions that are based on the pressure of its population. Neoklasik the successor of the classics, according to the exogenous growth of labor supply and the concept of “labor growth and technological process” i

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