Economic growth¶

Once one starts to think about them, it is hard to think about anything else.

— Robert E. Lucas Jr. (1988 JME, "On the Mechanics of Economic Development")

Exogenous saving rates¶

Solow model¶

TBD

Endogenous growth¶

AK Model¶

Lucas model¶

TBD

Product variety¶

Schumpeterian model¶

Diffusion of technology¶

Structural transformation¶

Baumol's cost disease¶

• Baumol effect - Wikipedia