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The Third and Fourth Properties of Growth Models: The Need for an Equilibrium Solution and a Non-corner One, Requiring In Turn a Mathematically Equilibrating Model

In: Explaining Pakistan’s Long-Run Growth

Author

Listed:
  • Moazam Mahmood

    (Lahore School of Economics)

  • Rabia Ikram

    (Lahore School of Economics)

Abstract

The first essay was a theoretical preamble, introducing the four properties of growth models identified as useful in an analytical framework for examining growth of output over time.

Suggested Citation

  • Moazam Mahmood & Rabia Ikram, 2025. "The Third and Fourth Properties of Growth Models: The Need for an Equilibrium Solution and a Non-corner One, Requiring In Turn a Mathematically Equilibrating Model," Springer Books, in: Explaining Pakistan’s Long-Run Growth, chapter 0, pages 61-97, Springer.
    • Handle: RePEc:spr:sprchp:978-3-031-86677-7_4
    DOI: 10.1007/978-3-031-86677-7_4
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