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Endogenous Growth Theory Essay Preview: Endogenous Growth Theory Report this essay Recall that in the Harrod-Domar, Kaldor-Robinson, Solow-Swan and the Cass-Koopmans growth models, we have maintained, either explicitly or implicitly, that technical change is “exogenous”. In the Schumpeter version, this was not true: we had “swarms” of inventors arising under particular conditions. The Smithian and.
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Cass-Koopmans Growth ModelsKaldor-RobinsonNicholas KaldorPure Capital Improvements