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- Joan_Robinsons_growth_model abstract "Joan Robinson in her book The Accumulation of Capital published in 1956, propagated a simple growth model, which reflects the working of a pure capitalist economy, also known as the \"Joan Robinson's Growth Model\". However, the Accumulation of Capital was a terse book and in one of her other books entitled Essays in the theory of Economic Growth, she tried to lower the degree of abstraction. The growth model was propagated in verbal terms, where later on the mathematical formalization was put forward by Kenneth K. Kurihara.Assumptions: There is a laissez-faire closed economy. The factors of production are capital and labour only. There is neutral technical progress. There are only two classes: workers and entrepreneurs among whom the national income is distributed. Workers save nothing and spend their wage income on consumption. Entrepreneurs consume nothing, but save and invest their entire income for capital formation. There is no change in the price level. Saving is a function of profit.↑ ↑ ↑ ↑".
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- Joan_Robinsons_growth_model wikiPageOutDegree "5".
- Joan_Robinsons_growth_model wikiPageRevisionID "699203955".
- Joan_Robinsons_growth_model wikiPageWikiLink Autarky.
- Joan_Robinsons_growth_model wikiPageWikiLink Capital_formation.
- Joan_Robinsons_growth_model wikiPageWikiLink Category:Economic_growth.
- Joan_Robinsons_growth_model wikiPageWikiLink Category:Economics_models.
- Joan_Robinsons_growth_model wikiPageWikiLink Laissez-faire.
- Joan_Robinsons_growth_model wikiPageWikiLinkText "Golden Age growth paths".
- Joan_Robinsons_growth_model wikiPageWikiLinkText "Joan Robinson's growth model".
- Joan_Robinsons_growth_model wikiPageUsesTemplate Template:Cite_journal.
- Joan_Robinsons_growth_model wikiPageUsesTemplate Template:Econ-theory-stub.
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- Joan_Robinsons_growth_model wikiPageUsesTemplate Template:Reflist.
- Joan_Robinsons_growth_model subject Category:Economic_growth.
- Joan_Robinsons_growth_model subject Category:Economics_models.
- Joan_Robinsons_growth_model type Redirect.
- Joan_Robinsons_growth_model type Theory.
- Joan_Robinsons_growth_model comment "Joan Robinson in her book The Accumulation of Capital published in 1956, propagated a simple growth model, which reflects the working of a pure capitalist economy, also known as the \"Joan Robinson's Growth Model\". However, the Accumulation of Capital was a terse book and in one of her other books entitled Essays in the theory of Economic Growth, she tried to lower the degree of abstraction.".
- Joan_Robinsons_growth_model label "Joan Robinson's growth model".
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- Joan_Robinsons_growth_model sameAs Q6205404.
- Joan_Robinsons_growth_model wasDerivedFrom Joan_Robinsons_growth_model?oldid=699203955.
- Joan_Robinsons_growth_model isPrimaryTopicOf Joan_Robinsons_growth_model.