A comprehensive look at the Solow growth model, a fundamental concept in economics explaining economic growth through capital accumulation.
Understanding the Solow residual in economic growth accounting, its importance, and applications.
Growth in which exports increase faster than other components of national expenditure.
The study of the economics of urban areas including factors influencing the growth of towns and metropolitan areas, and challenges unique to conurbations.
The take-up of new technology by firms or consumers linked to economic growth.
The process of increasing the stock of capital, and its role in economic growth.
A situation when the capital stock grows at the same rate as the labour force, so that the capital–labour ratio remains constant, while the aggregate output continues to grow.
Economic convergence in income per capita through knowledge and technology spillovers from developed to less developed countries.
A model of economic growth driven by quality-improving innovations that make old technologies or products obsolete.
Improvements in technical knowledge that increase output without needing new equipment investments.
An exploration of the rapid economic growth experienced by Hong Kong, Singapore, South Korea, and Taiwan since the 1950s.
An exploration of the production and consumption of goods and services in both market and non-market forms.
A detailed exploration of the tendency for economies to become increasingly similar over time.
Economic transformation leading to improved well-being and economic capabilities in a region.
An overview of the concept of economic growth and its significance in economics.
US legislation enacted to encourage economic growth through reductions in individual income tax rates, incentives for small businesses, and other measures.
Improvements in technical knowledge exploited through investment in new equipment.
Economic growth where the growth rate is determined by the choices of economic agents.
An economic framework used to understand the factors contributing to economic growth over a period of time.
The proportional or percentage rate of increase of any economic variable over a unit period, often applied to yearly intervals.
Definition and detailed exploration of Harrod-neutral technical progress in economics
The stock of knowledge, skills, and abilities that determine the labor productivity of an individual.
Growth of national or regional production which actually decreases welfare.
Expenditure on research and development, higher education, and software to ensure economic growth through technological advancement.
The principle describing how growth in leading sectors or countries can drive wider economic expansion.
An exploration of macroeconomic policy, its objectives, tools, and frameworks.
The growth rate of national income which maintains a constant unemployment rate, factoring in labor force growth and technical progress.
Growth of economic activity without any tendency to inflation of prices
The analysis of the best growth path for an economy by balancing current utility loss and future utility gain. See also golden rule.
A division within the International Monetary Fund focused on concessional lending and debt relief for the world's poorest countries.
An in-depth look at the concept of product innovation and its impact on economic growth.
Economic analysis of the rate of growth, dealing with rates at which key economic indicators increase over a period.
The theory that countries develop through a series of modes of economic organization, each leading to the next.
A situation in which there is little or no change in techniques or income levels.
An overview of supply-side economics, focusing on its core principles, historical context, and its contrast with Keynesian economics.
A model in which physical and human capitals are produced in different sectors, leading to endogenous steady-state growth.
A comprehensive entry on under-developed countries, offering definitions, historical context, and analytical frameworks.
An observation by Adolph Wagner on the increasing share of the public sector in GDP over time
