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EMPIRICAL ONE-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY, 1929-1966

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Date Issued:
1972
Summary:
A one-sector Neo-Classical growth model of the U.S. economy was estimated by ordinary least squares using annual data. The evolution of growth theory from Harrod's model (1939) through the Solow model (1956) was traced. A Cobb-Douglas production with constant returns to scale and disembodied technical change formed the core of the model. Alternative equilibrium capital-labor ratios were derived using computer simulation for ten different selections of the model's parameters. The "golden age" paths were then simulated for a period of two hundred years.
Title: AN EMPIRICAL ONE-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY, 1929-1966.
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Name(s): JACKSON, GARY LEE.
Florida Atlantic University, Degree grantor
Stronge, William B., Thesis advisor
College of Business
Department of Economics
Type of Resource: text
Genre: Electronic Thesis Or Dissertation
Issuance: monographic
Date Issued: 1972
Publisher: Florida Atlantic University
Place of Publication: Boca Raton, Fla.
Physical Form: application/pdf
Extent: 86 p.
Language(s): English
Summary: A one-sector Neo-Classical growth model of the U.S. economy was estimated by ordinary least squares using annual data. The evolution of growth theory from Harrod's model (1939) through the Solow model (1956) was traced. A Cobb-Douglas production with constant returns to scale and disembodied technical change formed the core of the model. Alternative equilibrium capital-labor ratios were derived using computer simulation for ten different selections of the model's parameters. The "golden age" paths were then simulated for a period of two hundred years.
Identifier: 13506 (digitool), FADT13506 (IID), fau:10351 (fedora)
Collection: FAU Electronic Theses and Dissertations Collection
Note(s): College of Business
Thesis (M.A.)--Florida Atlantic University, 1972.
Subject(s): United States--Economic conditions--1918-1945
United States--Economic conditions--1945-
Held by: Florida Atlantic University Libraries
Persistent Link to This Record: http://purl.flvc.org/fcla/dt/13506
Sublocation: Digital Library
Use and Reproduction: Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Use and Reproduction: http://rightsstatements.org/vocab/InC/1.0/
Host Institution: FAU
Is Part of Series: Florida Atlantic University Digital Library Collections.