Hashmi, Aamir Rafique (2009): A note on the transitional behavior of the saving rate in the neo-classical growth model (the Cobb-Douglas case).
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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|
|Original Title:||A note on the transitional behavior of the saving rate in the neo-classical growth model (the Cobb-Douglas case)|
|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|
|Depositing User:||Aamir Rafique Hashmi|
|Date Deposited:||18. Mar 2009 07:02|
|Last Modified:||20. Feb 2013 12:04|
R. J. Barro and X. Sala-i-Martin. Economic Growth. The MIT Press, Cambridge, MA, 2nd edition, 2004.