Demographic forecasts and volatility of investment rates vs. labor productivity trajectories
In the article the authors attempted to develop the neoclassical model of economic growth, repealing two assumptions regarding the Solow growth model. First of all, the authors assume that the growth path of the number of employees is increasing asymptotically to a fixed value, not to infinity as i...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Vilnius Gediminas Technical University
2019-08-01
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Series: | Journal of Business Economics and Management |
Subjects: | |
Online Access: | https://journals.vgtu.lt/index.php/JBEM/article/view/10446 |