[经济学]ch08--经济增长II.pdfVIP

LECTURE EIGHT Economic Growth II Intermediate macroeconomics Dai Guang 2005 Spring Department of Economics Nanjing University of Finance Economics Learning objectives Learning objectives SOLOW LECTURE 8 Economic Growth II daiguang@njue LECTURE 8 Economic Growth II daiguang@njue slide 1 , : 1929-2001: GDP2.2% 1978-2003GDP8.6% LECTURE 8 Economic Growth II daiguang@njue LECTURE 8 Economic Growth II daiguang@njue slide 2 Solow Solow : E = : : g : ∆E g E LECTURE 8 Economic Growth II daiguang@njue LECTURE 8 Economic Growth II daiguang@njue slide 3 Tech. progress in the Solow model Tech. progress in the Solow model : Y F ( K , L ×E ) L ×E = – – n+g LECTURE 8 Economic Growth II daiguang@njue LECTURE 8 Economic Growth II daiguang@njue slide 4 Tech. progress in the Solow model Tech. progress in the Solow model : y = Y/LE = k = K/LE = : y = f(k) : s y = s f(k) LECTURE 8 Economic Growth II daiguang@njue LECTURE 8 Economic Growth II daiguang@njue slide 5 Tech. progress in the Solow model Tech. progress in the Solow model (δ + n +g)k = : k : δk n k g k L