X-Nico

unusual facts about endogenous growth theory



Allyn Abbott Young

Nicholas Kaldor insisted that this paper had been neglected because it was 50 years ahead of his time, but it has recently enjoyed a revival of interest as an acknowledged forerunner of modern "endogenous growth theory".


see also

Economic growth

Unified growth theory was developed by Oded Galor and his co-authors to address the inability of endogenous growth theory to explain key empirical regularities in the growth processes of individual economies and the world economy as a whole.