Investment Ratio and Growth
AbstractIn 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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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 0510003.
Length: 8 pages
Date of creation: 02 Oct 2005
Date of revision:
Note: Type of Document - pdf; pages: 8
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Investment ratio; Growth targets; Growth accounting; Total Factor Productivity; Neo classical growth model.;
Find related papers by JEL classification:
- E - Macroeconomics and Monetary Economics
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- S. Illeris & G. Akehurst, 2002. "Introduction," The Service Industries Journal, Taylor & Francis Journals, vol. 22(1), pages 1-3, January.
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