posted on 2024-11-13, 17:21authored byShanaka Herath
Growth models are fundamentally of two fold; the neoclassical growth model, also known as the exogenous growth model developed primarily by Solow (1956) and the new growth theory, also known as the endogenous growth model, pioneered by Romer (1986), Lucas (1988), Barro (1990) and Rebelo (1991).
History
Citation
Herath, S. (2010). The size of the Government and economic growth: An empirical study of Sri Lanka. Institute for Regional Development and Environment Vienna, Austria: University of Economics and Business.