Ghanaians see the evidence of economic wear-and-tear every day. Potholes often appear soon after a road project is commissioned. Power plants operate below capacity within a decade. Irrigation ...
Nobel laureate Robert Solow, credited as the founder of the modern model of economic growth, died on Thursday at the age of 99. Through his writings in the 1950s, Solow challenged traditional thinking ...
Robert Solow, a Nobel laurete who won the prestigious prize in 1987 for his work analysing how technological growth drives economics in developed nations, has died on Thursday at his home in ...
Oxford Review of Economic Policy, Vol. 23, No. 1, THE SOLOW GROWTH MODEL (SPRING 2007), pp. 94-114 (21 pages) In this paper, we seek to re-establish the link between the constant elasticity of ...
One of the odder little economic debates of this day and age is whether those sharing economy companies like Uber, Airbnb, TaskRabbit, should be allowed to get on with their work of disrupting the ...
An esteemed Harvard economist once said that if the earth were threatened with an alien invasion, he would want Robert Solow to chair the international commission on how to deal with it. What he meant ...
Why must China maintain high economic growth? Firstly, countries with growing populations must have economic growth, otherwise they fall into the Malthusian trap. If economic growth stops, there would ...
His elegant work established that the main determinant of economic growth was technology, not growing capital and labor. By Robert D. Hershey Jr. and Michael M. Weinstein Robert M. Solow, who won a ...
Many instructors in subjects such as economics are frequently concerned with how to teach technical material to undergraduate students with limited mathematical backgrounds. One method that has proven ...
How do societies become richer? Robert Solow, an American economist who died Thursday at age 99, said technical progress and innovation were a core reason economies grew and people became prosperous.