Search Results - subject:"Domar model"

Does capital efficiency influence economic growth in Bangladesh? : application of the Harrod-Domar model

Sakib-Bin-Amin; Samia, Bismi Iqbal; Khan, Farhan - 2024

Purpose The main purpose of this paper is to analyse the influence of capital efficiency on the economic growth of Bangladesh using the Harrod-Domar (H-D) model. Design/methodology/approach We use annual data from 1980 to 2019 for this paper. Three steps are taken in the data analysis. First, to...

Persistent link: https://www.econbiz.de/10015130666

Comparing the Harrod-Domar, Solow and Ramsey growth models and their implications for economic policies

Cuong Le Van; Binh Tran-Nam - In: Fulbright review of economics and policy 3 (2023) 2, pp. 167-183

appropriate. Findings The Harrod-Domar model explains why countries with high rates of saving may also enjoy high rate of economic … level. Research limitations/implications For the Harrod-Domar model, the public spending decreases the private consumption …Purpose The principal aim of this paper is to review three basic theoretical growth models, namely the Harrod-Domar …

Persistent link: https://www.econbiz.de/10014517738

When is the long run? : historical time and adjustment periods in demand-led growth models

Gallo, Ettore - In: Metroeconomica : international review of economics 73 (2022) 4, pp. 1155-1178

Persistent link: https://www.econbiz.de/10013396232

Harrodians and Kaleckians : A Suggested Reconciliation and Synthesis

Setterfield, Mark - 2021

The Kaleckian and Harrodian approaches to growth frequently arrive at antagonisticpositions with respect to key issues in heterodox macrodynamics, including the treatment of the rate of capacity utilization and the very nature of the long-run growthprocess. Nevertheless, this paper is devoted to...

Persistent link: https://www.econbiz.de/10013224757

Regional economic growth in China from a Kaldorian perspective : a comparative study of Nanjing and Suzhou

Gomes, Alexandre - In: PSL quarterly review 73 (2021) 295, pp. 283-312

This paper sets out to analyse and compare the growth performances of two Chinese cities, Nanjing and Suzhou. Their growth performances have varied over time, with one city outperforming the other in some periods, and with the reverse scenario taking place in other times. In order to explain...

Persistent link: https://www.econbiz.de/10012435643

Harrod-domar formula for two sector growth models

Chetty, V. K.; Pradhan, Basanta K. - 2020

Persistent link: https://www.econbiz.de/10012422707

Stability issues in Kaleckian models driven by autonomous demand growth : Harrodian instability and debt dynamics

Hein, Eckhard; Woodgate, Ryan - 2020

Sraffian supermultiplier models, as well as Kaleckian distribution and growth models making use of non-capacity creating autonomous demand growth in order to cope with Harrodian instability, have paid little attention to the financial side of autonomous demand growth as the driver of the system....

Persistent link: https://www.econbiz.de/10012660723

Harrodian instability in Kaleckian models and Steindlian solutions

Hein, Eckhard - 2019

The notion of dynamic instability of demand driven growth put forward by Harrod (1939) has triggered several responses in the history of economic thought. The modern Kaleckian solution, including Bhaduri/Marglin (1990) among several others, considers the rate of capacity utilisation to be...

Persistent link: https://www.econbiz.de/10012035271

Aggregate demand policy in mature and dual economies

Skott, Peter - 2019

Aggregate demand is important, both in the short and the long run, but a basic distinction must be made between dual and mature economies. Mature economies may su¤er from a structural aggregate problem ("secu- lar stagnation"): full-employment growth may be impossible in the absence of...

Persistent link: https://www.econbiz.de/10012119133

Demand drives growth all the way

Taylor, Lance; Foley, Duncan K.; Rezai, Armon - 2018

Persistent link: https://www.econbiz.de/10011988201