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What Do Endogenous Growth Models Contribute?

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Abstract

Endogenous growth theory is one of the mainstream economics approaches to modelling economic growth. This paper provides a non-technical overview of some key strands of the endogenous growth theory (EGT) literature, providing references to key articles and texts.1 The intended audience is policy analysts who want to understand the intuition behind EGT models. The paper should be accessible to someone without much economics training

Suggested Citation

  • Mare, David, 2004. "What Do Endogenous Growth Models Contribute?," Motu Working Papers 292993, Motu Economic and Public Policy Research.
  • Handle: RePEc:ags:motuwp:292993
    DOI: 10.22004/ag.econ.292993
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    1. is not listed on IDEAS
    2. Soogwan Doh & Connie McNeely, 2012. "A multi-dimensional perspective on social capital and economic development: an exploratory analysis," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(3), pages 821-843, December.

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    Keywords

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    JEL classification:

    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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