Capital Growth Paths of the Neoclassical Growth Model

被引：1

作者：

Takahashi, Taro ^{[1
]}

机构：

[1] Univ Tokyo, Grad Sch Agr & Life Sci, Bunkyo Ku, Tokyo, Japan

来源：

PLOS ONE | 2012年 / 7卷 / 11期

关键词：

AID EFFECTIVENESS; ECONOMIC-GROWTH; FOREIGN-AID; SOLOW MODEL; EMPIRICS; EXTERNALITIES; CONVERGENCE; TECHNOLOGY; DYNAMICS; POLICIES;

D O I：

10.1371/journal.pone.0049484

中图分类号：

O [数理科学和化学]; P [天文学、地球科学]; Q [生物科学]; N [自然科学总论];

学科分类号：

07 ; 0710 ; 09 ;

摘要：

This paper derives the first-order approximated paths of both types of capital in the two-capital neoclassical growth model. The derived capital growth paths reveal that the short-run growth effect of capital injection differs considerably depending on which type of capital is enhanced. This result demonstrates the importance of well-targeted capital enhancement programs such as public sector projects and foreign aid.

引用

页数：5

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