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22 relations: Cobb–Douglas production function, Convergent series, Depreciation, Economic growth, Endogenous growth theory, Harrod–Domar model, Human capital, Journal of Political Economy, Linear function, Macroeconomics, Neoclassical economics, Output elasticity, Parametrization, Paul Romer, Population growth, Ramsey–Cass–Koopmans model, Return of capital, Returns to scale, Social capital, Steady state, Technological change, Total factor productivity.
Cobb–Douglas production function
In economics and econometrics, the Cobb–Douglas production function is a particular functional form of the production function, widely used to represent the technological relationship between the amounts of two or more inputs (particularly physical capital and labor) and the amount of output that can be produced by those inputs.
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Convergent series
In mathematics, a series is the sum of the terms of an infinite sequence of numbers.
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Depreciation
In accountancy, depreciation refers to two aspects of the same concept.
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Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.
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Endogenous growth theory
Endogenous growth theory holds that economic growth is primarily the result of endogenous and not external forces.
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Harrod–Domar model
The Harrod–Domar model is a classical Keynesian model of economic growth.
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Human capital
Human capital is a term popularized by Gary Becker, an economist and Nobel Laureate from the University of Chicago, and Jacob Mincer.
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Journal of Political Economy
The Journal of Political Economy is a bimonthly peer-reviewed academic journal published by the University of Chicago Press.
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Linear function
In mathematics, the term linear function refers to two distinct but related notions.
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Macroeconomics
Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.
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Neoclassical economics
Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.
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Output elasticity
In economics, output elasticity is the percentage change of output (GDP or production of a single firm) divided by the percentage change of an input.
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Parametrization
Parametrization (or parameterization; also parameterisation, parametrisation) is the process of finding parametric equations of a curve, a surface, or, more generally, a manifold or a variety, defined by an implicit equation.
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Paul Romer
Paul Michael Romer (born November 7, 1955) is an American economist and pioneer of endogenous growth theory.
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Population growth
In biology or human geography, population growth is the increase in the number of individuals in a population.
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Ramsey–Cass–Koopmans model
The Ramsey–Cass–Koopmans model, or Ramsey growth model, is a neoclassical model of economic growth based primarily on the work of Frank P. Ramsey, with significant extensions by David Cass and Tjalling Koopmans.
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Return of capital
Return of capital (ROC) refers to principal payments back to "capital owners" (shareholders, partners, unitholders) that exceed the growth (net income/taxable income) of a business or investment.
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Returns to scale
In economics, returns to scale and economies of scale are related but different terms that describe what happens as the scale of production increases in the long run, when all input levels including physical capital usage are variable (chosen by the firm).
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Social capital
Social capital is a form of economic and cultural capital in which social networks are central; transactions are marked by reciprocity, trust, and cooperation; and market agents produce goods and services not mainly for themselves, but for a common good.
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Steady state
In systems theory, a system or a process is in a steady state if the variables (called state variables) which define the behavior of the system or the process are unchanging in time.
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Technological change
Technological change (TC), technological development, technological achievement, or technological progress is the overall process of invention, innovation and diffusion of technology or processes.
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Total factor productivity
In economics, total-factor productivity (TFP), also called multi-factor productivity, is the portion of output not explained by traditionally measured inputs of labour and capital used in production.
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References
[1] https://en.wikipedia.org/wiki/AK_model
