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Investment Ratio and Growth

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Author Info

  • B Bhaskara Rao

    (University of the South Pacific)

Abstract

In growth and development policy investment ratio is an important policy instrument. However, there is no well defined framework to determine what should be the investment ratio for a given growth target. This paper explains the potential of Solow (1956) and Solow (1957) to explain the relationship between the target growth rate and investment ratio. Hypothetical data are used for illustration.

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File URL: http://128.118.178.162/eps/mac/papers/0510/0510003.pdf
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Bibliographic Info

Paper provided by EconWPA in its series Macroeconomics with number 0510003.

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Length: 8 pages
Date of creation: 02 Oct 2005
Date of revision:
Handle: RePEc:wpa:wuwpma:0510003

Note: Type of Document - pdf; pages: 8
Contact details of provider:
Web page: http://128.118.178.162

Related research

Keywords: Investment ratio; Growth targets; Growth accounting; Total Factor Productivity; Neo classical growth model.;

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  1. S. Illeris & G. Akehurst, 2002. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 22(1), pages 1-3, January.
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