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Del filo de la navaja a la cáscara de nuez: un nuevo examen de la dinámica de Harrod

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  • Álvaro Martin Moreno Rivas

    (Universidad Externado de Colombia)

Abstract

Harrod’s research program was the first to integrate the central ideas of “magnum dynamics” into a mechanical framework of vector forces to endogenously explain cycles and growth. Mathematical economists ignored these points and Harrod’s original work was presented in textbooks as the Harrod-Domar growth model. The aim of this paper is to present Harrod’s dynamic and show that his real aim was to build a non linear cyclic growth model.

Suggested Citation

  • Álvaro Martin Moreno Rivas, 2005. "Del filo de la navaja a la cáscara de nuez: un nuevo examen de la dinámica de Harrod," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 7(13), pages 101-132, July-Dece.
    • Handle: RePEc:rei:ecoins:v:7:y:2005:i:13:p:101-132
    as

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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/amoreno13.pdf
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    References listed on IDEAS

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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Harrod; dynamic theory; non linear cyclic growth;
    All these keywords.

    JEL classification:

    • O49 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Other

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