Lecture Notes on Economic Growth(Ii): Five Prototype Models of Endogenous Growth

49 Pages Posted: 9 Jun 2004 Last revised: 29 Mar 2021

See all articles by Xavier Sala-i-Martin

Xavier Sala-i-Martin

Columbia University, Graduate School of Arts and Sciences, Department of Economics

Date Written: December 1990

Abstract

This paper explores the five simplest models of endogenous growth. We start with the AK model (Rebelo (1990)) and argue that all endogenous growth models can be viewed as variations or microfoundations of it. We then examine the Barro (1990) model of government spending and growth. Next we look at the Arrow-Sheshinskj-Romer model of learning by doing and externalities. The Lucas (1988) model of human capital accumulation is then considered. Finally, we present a simple model of R&D and growth.

Suggested Citation

Sala-i-Martin, Francesc Xavier, Lecture Notes on Economic Growth(Ii): Five Prototype Models of Endogenous Growth (December 1990). NBER Working Paper No. w3564, Available at SSRN: https://ssrn.com/abstract=226820

Francesc Xavier Sala-i-Martin (Contact Author)

Columbia University, Graduate School of Arts and Sciences, Department of Economics ( email )

420 W. 118th Street
New York, NY 10027
United States
212-854-7055 (Phone)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
205
Abstract Views
2,881
rank
182,493
PlumX Metrics