Economic growth model in developing economies
Economic growth is a function of the interactions between the different productive factors framed in the economic policy of an economy. The present work tries to explain the economic growth in developing economies, for which a variation of the model on the dynamics of growth proposed by Lukas is pro...
- Autores:
-
GALLARDO PÉREZ, HENRY DE JESÚS
Vergel Ortega, Mawency
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2019
- Institución:
- Universidad Francisco de Paula Santander
- Repositorio:
- Repositorio Digital UFPS
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.ufps.edu.co:ufps/1248
- Acceso en línea:
- http://repositorio.ufps.edu.co/handle/ufps/1248
https://doi.org/10.1088/1742-6596/1388/1/012033
- Palabra clave:
- Rights
- openAccess
- License
- Content from this work may be used under the terms of the Creative Commons Attribution 3.0 licence.
| Summary: | Economic growth is a function of the interactions between the different productive factors framed in the economic policy of an economy. The present work tries to explain the economic growth in developing economies, for which a variation of the model on the dynamics of growth proposed by Lukas is proposed, consisting of using, instead of the production function of Cobb-Douglas, a function of production with constant substitution elasticity, since it is very probable that in incipient economies, this one better reflects the functional relationship between factors of production. |
|---|