Harrod's Growth Model: An Illumination using the Multiplier-accelerator Model

Authors

  • William Coleman

Keywords:

multiplier-accelerator model, Harrod's growth model, economics

Abstract

It is shown that Multiplier-Accelerator models under plausible parameter assumptions manifest the two Harrod Propositions; a Unique Warranted Rate of growth and a Knife Edge.

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Published

1990-01-01

How to Cite

Coleman, W. (1990). Harrod’s Growth Model: An Illumination using the Multiplier-accelerator Model. School of Management Working Papers, 1–20. Retrieved from https://ojs.victoria.ac.nz/somwp/article/view/7146

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