Chen, Kai; Gong, Xiaoju; Marcus, Richard D. - In: Economic Modelling 41 (2014) C, pp. 263-266
This paper tests the hypothesis in the revised endogenous dynamic Solow model that there exists dynamic convergence to the moving steady-state as a single economy grows. The convergence in the revised endogenous dynamic Solow model implies that the real interest rate and the growth rate of...