User:Issa Rice: Difference between revisions
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| Becker–Barro || | | Becker–Barro || | ||
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! Production function name !! Models that use this production function | |||
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| Cobb–Douglas || Solow–Swan | |||
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| Leontief || | |||
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Revision as of 01:17, 15 September 2017
test >:(
| Model name | Endogenous variables | Exogenous variables | Constants |
|---|---|---|---|
| Harrod–Domar | |||
| Solow–Swan | |||
| AK | |||
| Leontief input–output? | |||
| Feldman–Mahalanobis | |||
| Becker–Barro |
| Production function name | Models that use this production function |
|---|---|
| Cobb–Douglas | Solow–Swan |
| Leontief |
Probably for each model, a table like this:
| Name | Variable | Unit | Rival input? | Endogenous? | Notes |
|---|---|---|---|---|---|
| Output | Y | – | Yes | ||
| Physical capital (capital stock) | K | Yes | In Solow–Swan | Physical capital includes things like machines, computers, buildings, etc. | |
| Labor | L | Yes | Exogenous in Solow–Swan | ||
| Technology (knowledge) | A, T | No | Not in Solow–Swan | ||
| Consumption | C | ||||
| Investment | I | ||||
| Amount saved | S | ||||
| Growth of X | |||||
| Population growth | |||||
| Depreciation (rate?) | δ, d, D | ||||
| Capital per worker | k = K/L | In Solow–Swan | |||
| Fraction saved | s | ||||
| Output per worker | y = Y/L | Yes | |||
| Time | t | ||||
| Production function | F | ||||
| α |