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Endogenous Growth Theory and Models: the “First Wave”, 1952–1973

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  • Stephen E. Spear
  • Warren Young

    (Bar-Ilan University)

Abstract

In previous papers (Spear and Young 2014, 2015a, 2015b), we surveyed the origins, evolution and dissemination of optimal growth, two sector and turnpike, and stochastic growth models. In this paper, we focus on endogenous growth theory and models. However, in contrast to our previous findings regarding optimal growth theory and its offshoots, which exhibited fairly direct lines of conceptual development, the endogenous growth story, as will be seen, is multifaceted, with a more complex pattern of intellectual evolution.

Suggested Citation

  • Stephen E. Spear & Warren Young, 2016. "Endogenous Growth Theory and Models: the “First Wave”, 1952–1973," Working Papers 2016-02, Bar-Ilan University, Department of Economics.
  • Handle: RePEc:biu:wpaper:2016-02
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