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A modified version of Solow-Ramsey model using Richard's growth function


  • Leobardo Plata Perez
  • Eduardo Calderon

    () (Universidad Autonoma de San Luis Potosi)


We investigate the consequences of introducing Richard's Growth function as a production function in Solow-Swan and Ramsey models. Poverty traps appear in a natural manner.

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  • Leobardo Plata Perez & Eduardo Calderon, 2009. "A modified version of Solow-Ramsey model using Richard's growth function," EconoQuantum, Revista de Economia y Negocios, Universidad de Guadalajara, Centro Universitario de Ciencias Economico Administrativas, Departamento de Metodos Cuantitativos y Maestria en Economia., vol. 6(1), pages 65-70, Julio - D.
  • Handle: RePEc:qua:journl:v:6:y:2009:i:1:p:65-70

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    References listed on IDEAS

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    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis


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