The Impact of Some Investment Functions in a Kaldorian Growth Model

Schlicht, Ekkehart (1974): The Impact of Some Investment Functions in a Kaldorian Growth Model.

Abstract

This paper outlines a variant of Nicholas Kaldor's growth model. An important feature of this model is that it generates steady state growth and Harrod Neutrality of technical progress endogenously. The effect of various assumption on investment bevavior are studied.

• Item Type: Journal article
• Keywords: Harrod-neutrality, steady state, Kaldor, technical progress function, technical change, bias of technical change, investment function
• Faculties: Economics; Economics > Chairs > Chair of Institutional Economics (closed)
• Subjects: 300 Social sciences > 330 Economics
• JEL Classification: D92, O4
• Language: English