Advanced Search
MyIDEAS: Login to save this paper or follow this series

“Un-balanced” Economic Growth

Contents:

Author Info

  • Hing-Man Leung

    ()
    (School of Economics, Singapore Management University)

Registered author(s):

    Abstract

    Since the elasticity of substitution between capital and labor is not always one, and since technical progress is not always Harrod-neutral, it is desirable to have an endogenous growth model that admits all sizes of the elasticity and all known technology modes. We derive an equation to do just that, fully describing the per capita income growth rate at all times. It shows a typical economy needing hundreds if not thousands of years to reach its long term growth rate, leading to the conclusion that even the short run may be very long indeed.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: https://mercury.smu.edu.sg/rsrchpubupload/10632/Un-balancedEconomicGrowth.pdf
    Download Restriction: no

    Bibliographic Info

    Paper provided by Singapore Management University, School of Economics in its series Working Papers with number 12-2007.

    as in new window
    Length: 21 pages
    Date of creation: Sep 2007
    Date of revision:
    Publication status: Published in SMU Economics and Statistics Working Paper Series
    Handle: RePEc:siu:wpaper:12-2007

    Contact details of provider:
    Postal: 90 Stamford Road, Singapore 178903
    Phone: 65-6828 0832
    Fax: 65-6828 0833
    Web page: http://www.economics.smu.edu.sg/
    More information through EDIRC

    Order Information:
    Email:

    Related research

    Keywords: The elasticity of substitution; Non-Harrod-neutral technology; short-run growth;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Duffy, John & Papageorgiou, Chris, 2000. " A Cross-Country Empirical Investigation of the Aggregate Production Function Specification," Journal of Economic Growth, Springer, Springer, vol. 5(1), pages 87-120, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:siu:wpaper:12-2007. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (QL THor).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.