AK model
The AK model of economic growth is an endogenous growth model used in the theory of economic growth, a subfield of modern macroeconomics. In the 1980s it became progressively clearer that the standard neoclassical exogenous growth models were theoretically unsatisfactory as tools to explore long run growth, as these models predicted economies without technological change and thus they would eventually converge to a steady state, with zero per capita growth. A fundamental reason for this is the diminishing return of capital; the key property of AK endogenous-growth model is the absence of diminishing returns to capital. In lieu of the diminishing returns of capital implied by the usual parameterizations of a Cobb–Douglas production function, the AK model uses a linear model where output is
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AK model
The AK model of economic growth is an endogenous growth model used in the theory of economic growth, a subfield of modern macroeconomics. In the 1980s it became progressively clearer that the standard neoclassical exogenous growth models were theoretically unsatisfactory as tools to explore long run growth, as these models predicted economies without technological change and thus they would eventually converge to a steady state, with zero per capita growth. A fundamental reason for this is the diminishing return of capital; the key property of AK endogenous-growth model is the absence of diminishing returns to capital. In lieu of the diminishing returns of capital implied by the usual parameterizations of a Cobb–Douglas production function, the AK model uses a linear model where output is
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AK-моде́ль (модель Ребело, анг ...... на в 1990 году Серджио Ребело.
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El modelo AK de crecimiento ec ...... oría del crecimiento endógeno.
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O modelo AK de crescimento eco ...... eoria do crescimento endógeno.
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The AK model of economic growt ...... duce endogenous growth theory.
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AK-моде́ль (модель Ребело, анг ...... по инвестированию в новые тех
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El modelo AK de crecimiento ec ...... tes del capital que implican l
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O modelo AK de crescimento eco ...... zações usuais de uma função de
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The AK model of economic growt ...... linear model where output is
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AK model
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AK-Modell
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AK-model
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AK-модель
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Modelo AK
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Modelo AK
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