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A note on the transitional behavior of the saving rate in the neo-classical growth model (the Cobb-Douglas case)

Hashmi, Aamir Rafique (2009): A note on the transitional behavior of the saving rate in the neo-classical growth model (the Cobb-Douglas case). Unpublished.

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Abstract

In this short note I clarify two features of Figure 2.3 in Barro and Sala-i-Martin (2004). The figure, as it appeared in the first and second editions of the book, is confusing if not wrong. I hope this note will serve as a corrigendum to the figure.

Item Type:MPRA Paper
Language:English
Keywords:Transition dynamics; Saving rate; Neo-classical growth model
Subjects:O - Economic Development, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O41 - One, Two, and Multisector Growth Models
ID Code:14128
Deposited By:Aamir Rafique Hashmi
Deposited On:18. Mar 2009 08:02
Last Modified:18. Mar 2009 08:02
References:

R. J. Barro and X. Sala-i-Martin. Economic Growth. The MIT Press, Cambridge, MA, 2nd edition, 2004.

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