Construct · 1 fields · 1 citations

endogenous growth: a standalone construct

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Macroeconomics

long-run growth driven by deliberate investment in ideas that are non-rival, rather than by external technical progress.

In macroeconomics, endogenous growth refers to long-run growth driven by deliberate investment in ideas that are non-rival, rather than by external technical progress. This meaning comes from Romer (1990) in Journal of Political Economy.[1]

Unit
Recovery means
Measured by

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Nearby constructs

AK model1 fields · 1 citationsanchor · a standalone construct growth4 fields · 4 citationsjingle · one word, four constructs investment2 fields · 2 citationsjingle · one word, two constructs

References

Romer, P. M. (1990). Endogenous Technological Change. Journal of Political Economy, 98(5, Part 2), S71-S102. https://doi.org/10.1086/261725

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