高级宏观学教学资料ch3.ppt

* * Chapter 3ENDOGENOUS GROWTH本章主题：研究技术进步或知识积累（A）的内生性 * * SOME BASIC INFORMATION (1)If r=f (k), and αk is modest, then capital accumulation cannot account for a large part of either long-run or cross-country income differences. (2)The effectiveness of labor (A) is the only determinant of income, whose behavior is taken as exogenous. (3)The effectiveness of labor (A) is explicitly interpreted as knowledge, and knowledge accumulation is endogenous. (4) Knowledge accumulation is probably central to worldwide growth. (5)Much of the variation in income across countries comes from difference