D'Adda, Carlo ; Scorcu, Antonello Eugenio
(2002)
On the Time Stability of the Output-Capital Ratio.
Bologna:
Dipartimento di Scienze economiche DSE,
p. 14.
DOI 10.6092/unibo/amsacta/4864.
In: Quaderni - Working Paper DSE
(434).
ISSN 2282-6483.
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Abstract
This paper is concerned with the role of the output-capital ratio in growth models. In the first part we highlight the behaviour of the output-capital ratio along the balanced growth path in the models of Solow (1956) and Romer (1986). In the second part we assess the stability of the ratio for some industrial countries.
Abstract