After reading about the solow growth model which concludes, Ask an Expert

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After reading about the Solow growth model, which concludes that continued economic growth requires continual innovation, and Schumpeter’s dynamic growth model, does the combination of these two models provide an adequate model of technological change and economic growth? What exactly determines the rate of technological progress? Finally, how would you work the variables contained in these models into the Harrod-Domar growth model?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91409999

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