When economic growth is less than exponential

This paper argues that growth theory needs a more general notion of “regularity” than that of exponential growth. We suggest that paths along which the rate of decline of the growth rate is proportional to the growth rate itself deserve attention. This opens up for considering a richer set of parame...

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Publié dans:MAGKS - Joint Discussion Paper Series in Economics (Band 31-2009)
Auteurs principaux: Groth, Christian, Koch, Karl-Josef, Steger, Thomas M.
Format: Article
Langue:anglais
Publié: Philipps-Universität Marburg 2009
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