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  1. 5 days ago · I was reading this post by economist Rajiv Sethi, which began, “The celebrated economist Robert Solow has died at the age of 99,” and continued: Solow is best known for his model of growth which is simple in the best sense . . . With over 42,000 citations, Solow’s paper on growth is among the most influential in economics.

  2. 5 days ago · Robert Solow: Developed the Solow Growth Model, emphasizing the role of technological progress in long-term economic growth. Paul Romer: Advanced the endogenous growth theory, highlighting the importance of knowledge, innovation, and human capital in driving growth.

  3. 3 days ago · The Solow Growth Model. One popular model used to explain economic growth is the Solow growth model, developed by economist Robert Solow. This model assumes that: Labor Force: The labor force grows at a constant rate. Capital Stock: The capital stock (physical and human) grows at a constant rate.

  4. 4 days ago · The Industrial Revolution is as much a story of innovation, entrepreneurship and management as it is of physics and science. Nobel laureate economist Robert Solow found that improved management practices and products were the major source of US growth in the early 20th century.

  5. 5 days ago · Robert Solow: Developed the Solow Growth Model, which highlights the role of technological progress in long-term economic growth. Joan Robinson: A prominent female economist, she contributed to the development of Keynesian economics and theories on imperfect competition.

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  7. 3 days ago · In his famous paper which kickstarted this approach to thinking about economic growth Robert Solow estimated (pdf) that only one-eighth of the increase in US GDP per worker between 1900 and 1949 was due to increases in the capital stock. The rest, he said, was due to technical progress.

  8. 3 days ago · The trend in labour productivity in developed economies has continued its long downward trend, making the Nobel economist Robert Solow’s 40-year-old quip, that the computer age shows up ...