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Macroeconomics for a sustainable planet. Solow's Growth Convergence Model / [produced by SDG Academy].
- Format:
- Video
- Series:
- Macroeconomics for a Sustainable Planet
- Language:
- English
- Subjects (All):
- Macroeconomics.
- Sustainability.
- Economics.
- Genre:
- Short films.
- Lectures.
- Physical Description:
- 1 online resource (15 minutes)
- Other Title:
- Solow's Growth Convergence Model
- Place of Publication:
- [Place of publication not identified] : SDG Academy, 2017.
- Language Note:
- In English.
- System Details:
- video file
- Summary:
- In this video, Prof. Larraín explains Solow's Growth Behavioral Model. He explains terms such as capital stock, investment, marginal productivity of capital and capital-labour ratio. He does so using production functions and the capital labor ratio. There is a consideration of population growth, capital stock per worker, depreciation, and saving. Exogenous growth is a given in Solow's model, and technological progress can be incorporated into the model. There is a discussion about whether convergence of poor countries has happened.
- Participant:
- Felipe Larraín Bascuñán, lecturer.
- Notes:
- Title from resource description page (viewed July 09, 2026).
- OCLC:
- 1611532245
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