Construct · 1 fields · 1 citations

Harrod-Domar model: a standalone construct

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Harrod-Domarmodel1 CONSTRUCTHarrod-Domar modelHARROD · DEVELOPMENT STUDIES

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Development studies

a growth model in which the growth rate depends on the saving rate and the capital-output ratio, used in early development planning.

In development studies, Harrod-Domar model refers to a growth model in which the growth rate depends on the saving rate and the capital-output ratio, used in early development planning. This meaning comes from Harrod (1939) in The Economic Journal.[1]

Unit
Recovery means
Measured by

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Nearby constructs

development1 fields · 2 citationsanchor · a standalone constructgrowth4 fields · 4 citationsjingle · one word, four constructsmodel3 fields · 3 citationsjingle · one word, three constructs

References

  1. Harrod, R. F. (1939). An Essay in Dynamic Theory. The Economic Journal, 49(193), 14. https://doi.org/10.2307/2225181

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