Date of Award
1972
Document Type
Thesis
Publication Status
Version of Record
Submission Date
October 2026
Thesis/Dissertation Advisor [Chair]
Stronge, William B.
Abstract
A one-sector Neo-Classical growth model of the U.S. economy was estimated by ordinary least squares using annual data. The evolution of growth theory from Harrod's model (1939) through the Solow model (1956) was traced. A Cobb-Douglas production with constant returns to scale and disembodied technical change formed the core of the model. Alternative equilibrium capital-labor ratios were derived using computer simulation for ten different selections of the model's parameters. The "golden age" paths were then simulated for a period of two hundred years.
Extent
86 p.
Recommended Citation
JACKSON, GARY LEE, "EMPIRICAL ONE-SECTOR GROWTH MODEL OF THE UNITED STATES ECONOMY, 1929-1966" (1972). Electronic Theses and Dissertations 1970 - 1979. 108.
https://digitalcommons.fau.edu/etd_general_2/108
Identifier
FADT13506
Comments
College of Business|Thesis (M.A.)--Florida Atlantic University, 1972.|FAU Electronic Theses and Dissertations Collection|College of Business