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Solow-swan growth model with exogenous growth

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Reference no: EM131870700

Consider the Solow-Swan growth model with exogenous growth in labour productivity. How does the growth in labour productivity affect the steady state outcomes for the growth rate of output and for capital per worker and output per worker. To what extent is growth in steady state output per worker "explained" in the Solow-Swan model?

Reference no: EM131870700

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