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HARROD NATURAL GROWTH RATE [2 records]

Record 1 2002-07-17

English

Subject field(s)
  • Economic Conditions and Forecasting
OBS

These concepts [the Harrod-Domar growth models] can be illuminated by some interesting models of balanced compound-interest(or "exponential") growth developed by Sir Roy Harrod in England and professor E. Domar in America. This theory has two aspects : the long-term "natural rate of growth" and the so-called "warranted rate of growth".

French

Domaine(s)
  • Prévisions et conjonctures économiques

Spanish

Campo(s) temático(s)
  • Previsiones y condiciones económicas
DEF

Es el que se produce a lo largo de un cierto período, a una tasa anual acumulativa de expansión en la que el tipo de crédito va elevándose para la economía en su conjunto.

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Record 2 2001-08-28

English

Subject field(s)
  • National and International Economics
  • Economic Co-operation and Development
CONT

The natural rate of growth of a simplified Harrod system is the percentage growth per year of his labor supply expressed in "efficiency units"... as a condition of balanced growth, output and capital must also be growing at this same natural rate per year.

OBS

The Harrod-Domar concept of the "natural rate of growth" g is determined by population growth and technical change.

Key term(s)
  • natural growth rate
  • Harrod natural growth rate

French

Domaine(s)
  • Économie nationale et internationale
  • Coopération et développement économiques

Spanish

Campo(s) temático(s)
  • Economía nacional e internacional
  • Cooperación y desarrollo económicos
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