See for example exogenous growth model and ch . 1-3.
2.
Germany, the largest beef producer in the EU at the time, prohibited just the use of exogenous growth hormones.
3.
A third set, referred to as the " neoclassical revival ", expanded the definition of capital in exogenous growth theory to include human capital.
4.
They favored a model that replaced the exogenous growth variable ( unexplained technical progress ) with a model in which the key determinants of growth were explicit in the model.
5.
When you save, you're really just creating more of a special resource called " capital . " If the return on that capital ( in a perfect market, the " interest rate " ) is relatively high, savings today might mean more consumption for everybody tomorrow . ( see Exogenous growth model, which is more of a second-year thing)
6.
If \ frac { f ( k ) } { k } = A \, is substituted in the equation of transitional Dynamics of Solow-Swan model ( exogenous growth model ), and f ( k ) is the output function per worker, how an economy s per capita incomes converges toward its own steady-state value, to the per capita incomes of other nations, can be seen.
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