经济增长理论（Economic growth theory）.docVIP

经济增长理论（Economic growth theory） Economic growth theory harrod-domar model Harold Domar model focuses on maintaining full employment conditions, the relationship between growth and income growth of savings and investment. (1) the hypothesis of the model The whole society produces only one product. Savings S is the national income Y function, that is, S = sY The production process uses only two kinds of production factors, namely labor L and capital K. There is no technological progress or capital depreciation. The labour force grew at a constant rate. The production of constant returns to scale, the number of which is required to produce a unit of capital and labor is fixed. The monetary sector does not exist, and the price level unchanged. (2) the basic equations of the model The basic equations of the Harold model are:. In the formula, G represents the national income growth rate of Y/Y (that is, economic growth rate), s S/Y V said that the savings rate, marginal capital output ratio Delta K/ Delta Y (assuming that the marginal capital output ratio is equal to the capital - output ratio K/Y), and V = I/ Y. It shows that in order to achieve balanced economic growth, the growth rate of national income must be equal to the ratio between the social savings tendency and the capital output ratio of the two. The basic equations of Thomas model is: G = I/I = s Delta? In the formula, I/I is the growth rate of investment, which is the rate of economic growth in the Harold model; delta said capital productivity Y/I, namely reciprocal Harold model v. The difference between Thomas model and Harold model is Thomas model with capital productivity of capital output ratio and said, G said the growth rate of investment, so: (3) actual growth rate, guaranteed growth rate and natural growth rate; Actual growth rate GA: refers to a certain savings ratio, the actual change in the amount of capital and the national income of the actual change in the ratio of the export rate of national in