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Application Of Mean Propensity To Consumption And Interest Rate Of Keynes Theory And The Application Of Cobb-Douglas Model And Solow Theory In The Greek Rural Economy

Author

Listed:
  • Eleftherios Giovanis

    (Chamber of Commerce of Serres in Greece)

Abstract

In this project we aren’t trying to make a criticism in the theory and the indications of Solow and Keynes. And so correctly as Keynes comments very equitably... 'Moreover, the characteristics of special case, which the classic theory was accepting , happened to be not those of economy in which we really live, the result is in teaching of classic theory of being misleading and disastrous if we try to apply it in the facts of the daily experience'.

Suggested Citation

  • Eleftherios Giovanis, 2005. "Application Of Mean Propensity To Consumption And Interest Rate Of Keynes Theory And The Application Of Cobb-Douglas Model And Solow Theory In The Greek Rural Economy," Econometrics 0511012, EconWPA.
  • Handle: RePEc:wpa:wuwpem:0511012
    Note: Type of Document - doc; pages: 16
    as

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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/em/papers/0511/0511012.doc
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    More about this item

    Keywords

    basic econometrics; mean propensity to consumption; Cobb- Douglas model; Solow theory;

    JEL classification:

    • C1 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General
    • C40 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - General

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