| Information | |
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| has gloss | eng: The AK model of economic growth is an exogenous growth model used in the theory of economic growth, a subfield of modern macroeconomics. In lieu of the diminishing returns to capital implied by the usual parameterizations of a Cobb–Douglas production function, the AK model uses a linear model where output is a linear function of capital. It's appearance in most textbooks is to introduce endogenous growth theory. |
| lexicalization | eng: AK model |
| instance of | c/Economics models |
| Meaning | |
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| German | |
| has gloss | deu: Das AK-Modell ist ein Modell der endogenen Wachstumstheorie. Das Grundmodell geht auf Sérgio Rebelo (1991) zurück, wobei die Produktionsfunktion des Modells bereits vorher verwendet und später vielfältig erweitert wurde. |
| lexicalization | deu: AK-Modell |
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