Solow's Growth Convergence ModelIn this chapter, Professor Larraín explains Solow's Growth Behavioral Model. He explains terms such as capital stock, investment, marginal productivity of capital and capital-labour…
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Sources of Economic GrowthIn this chapter, Professor Larraín talks about the sources of economic growth and Solow's growth accounting framework. Solow’s framework says that there are three main sources of…
From SDG Academy
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