AK model
id:
ak-model-190-7294874
title:
AK model
text:
The AK model of economic growth is an endogenous growth model used in the theory of economic growth, a subfield of modern macroeconomics. In the 1980s it became progressively clearer that the standard neoclassical exogenous growth models were theoretically unsatisfactory as tools to explore long run growth, as these models predicted economies without technological change and thus they would eventually converge to a steady state, with zero per capita growth. A fundamental reason for this is the d
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/AK_model
date created:
date modified:
2023-11-15T17:21:55Z
main entity:
{"identifier":"Q294077","url":"https://www.wikidata.org/entity/Q294077"}
image:
fields total:
13
integrity:
13