IDEAS home Printed from https://ideas.repec.org/a/cbu/jrnlec/y2019v6p281-287.html

Harrod–Domar Economic Growth Model In Classical And Neoclassical Theory Name And Surname

Author

Listed:
  • DOINA DRAGOI

    (UNIVERSITY OF CRAIOVA, DOCTORAL SCHOOL OF ECONOMICS FACULTY OF ECONOMICS AND BUSINESS ADMINISTRATION, ECONOMY, ROMANIA)

Abstract

The goals of this article is to present some theoretical aspects of the Harrod-Domar economic growth model in classical and neoclassical theory, highlighting its importance on the economy of nations. The research is based on the revision of the specialized economic literature using the method of scientific observation. The Harrod-Domar model is approached in a context that aims to understand it and how it relates to other factors in the economic environment. The central elements of the Harrod-Domar theory and model are represented by the process of saving and investing, which will lead to an economic growth of nations.

Suggested Citation

  • Doina Dragoi, 2019. "Harrod–Domar Economic Growth Model In Classical And Neoclassical Theory Name And Surname," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 281-287, December.
    • Handle: RePEc:cbu:jrnlec:y:2019:v:6:p:281-287
    as

    Download full text from publisher

    File URL: http://www.utgjiu.ro/revista/ec/pdf/2019-06/41_Dragoi.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Sen, Amartya, 2001. "Development as Freedom," OUP Catalogue, Oxford University Press, number 9780192893307.
    2. Romer, Paul M., 1990. "Human capital and growth: Theory and evidence," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 32(1), pages 251-286, January.
    3. Easterly, William, 1997. "The ghost of financing gap : how the Harrod-Domar growth model still haunts development economics," Policy Research Working Paper Series 1807, The World Bank.
    4. Carl-Johan Dalgaard & Mr. Lennart Erickson, 2006. "Solow Versus Harrod-Domar: Reexamining the Aid Costs of the First Millennium Development Goal," IMF Working Papers 2006/284, International Monetary Fund.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:dgr:rugggd:199944 is not listed on IDEAS
    2. Przygodzki, Zbigniew, . "Terytorialny wymiar kapitału ludzkiego," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2019(4).
    3. Siemiński, Paweł & Hadyński, Jakub & Poczta, Walenty, 2020. "Diversification of Human Capital Resources in Rural and Urban Areas in Poland," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2020(01).
    4. Kitae Yoo, 2023. "The Poisson Method of Poverty Measurement Using Non-monetary Indicators: A Replication Study Based on Australian Data," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 166(1), pages 219-238, February.
    5. Tommaso Agasisti & Giuseppe Munda & Ralph Hippe, 2019. "Measuring the efficiency of European education systems by combining Data Envelopment Analysis and Multiple-Criteria Evaluation," Journal of Productivity Analysis, Springer, vol. 51(2), pages 105-124, June.
    6. Tendai Zawaira & Matthew W. Clance & Carolyn Chisadza, 2020. "Social Institutions and Gender-Biased Outcomes in sub-Saharan Africa," Working Papers 2020101, University of Pretoria, Department of Economics.
    7. Dunning, Thad & Bicalho, Clara & Chowdhury, Anirvan & Grossman, Guy & Humphreys, Macartan & Hyde, Susan D. & McIntosh, Craig & Nellis, Gareth, 2019. "Meta-Analysis," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 315-374.
    8. Brady, David, 2023. "Poverty, not the poor," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 9(34), pages 1-17.
    9. Lara Penco, 2015. "The Development of the Successful City in the Knowledge Economy: Toward the Dual Role of Consumer Hub and Knowledge Hub," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 6(4), pages 818-837, December.
    10. Chen Yu, 2020. "Targeted industrial poverty alleviation in China’s Rural Areas: Evidence From Yulin Township," Journal of Advances in Humanities and Social Sciences, Dr. Yi-Hsing Hsieh, vol. 6(2), pages 78-88.
    11. Irit Keynan, 2016. "Is neoliberalism consistent with individual liberty? Friedman, Hayek and Rand on education employment and equality," International Journal of Teaching and Education, International Institute of Social and Economic Sciences, vol. 4(4), pages 30-47, December.
    12. Assa, Jacob, 2021. "Less is more: The implicit sustainability content of the human development index," Ecological Economics, Elsevier, vol. 185(C).
    13. Valerija Botrić & Ljiljana Božić, 2018. "Human Capital as Barrier to Innovation: Post-Transition Experience," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 15(04), pages 1-17, August.
    14. Barki, Edgard & de Campos, José Guilherme F. & Lenz, Anna-Katharina & Kimmitt, Jonathan & Stephan, Ute & Naigeborin, Vivianne, 2020. "Support for social entrepreneurs from disadvantaged areas navigating crisis: Insights from Brazil," Journal of Business Venturing Insights, Elsevier, vol. 14(C).
    15. David O’Byrne, 2022. "Restoring human freedoms: from utilitarianism to a capability approach to wetland restoration in Louisiana’s coastal master plan," Journal of Environmental Studies and Sciences, Springer;Association of Environmental Studies and Sciences, vol. 12(2), pages 298-310, June.
    16. Michelle James & Rachel Forrester-Jones, 2025. "Exploring the Role of Social Protection in UK Asylum-Seeker Wellbeing Using Human Scale Development Theory," Social Sciences, MDPI, vol. 14(8), pages 1-26, July.
    17. Harsh Mander, 2018. "25 Years of Economic Reforms: A Blotted Balance Sheet," Vikalpa: The Journal for Decision Makers, , vol. 43(1), pages 1-13, March.
    18. Andrés, Antonio R. & Goel, Rajeev K., 2012. "Does software piracy affect economic growth? Evidence across countries," Journal of Policy Modeling, Elsevier, vol. 34(2), pages 284-295.
    19. Benos, Nikos & Zotou, Stefania, 2014. "Education and Economic Growth: A Meta-Regression Analysis," World Development, Elsevier, vol. 64(C), pages 669-689.
    20. Temple, Jonathan R. W., 2001. "Generalizations that aren't? Evidence on education and growth," European Economic Review, Elsevier, vol. 45(4-6), pages 905-918, May.
    21. Günther Schmid, 2009. "Transitional Labour Markets, from theory to policy application. Transitional Labour Markets and Flexicurity : Managing Social Risks over the Lifecourse," Post-Print halshs-00435255, HAL.

    More about this item

    Keywords

    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cbu:jrnlec:y:2019:v:6:p:281-287. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ecobici Nicolae (email available below). General contact details of provider: https://edirc.repec.org/data/fetgjro.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.