Social capital plays a role in many desirable economic outcomes. We analyze how these beneficial effects translate into the performance of economies by developing dynamic stochastic general equilibrium (DSGE) model featuring social explaining Solow residual. then simulate and estimate with Bayesian techniques using Italian data. Our framework fits actual data better than standard DSGE model, su...

We introduce well-known microeconomics productivity measures in Solow models discrete time or continuous by adopting a Luenberger-type approach. In each framework, we derive the indicators and dynamical paths. First, show that expression of are similar to residuals, allowing us make an analogy between firm's behavior microeconomic setting country's macroeconomic setting. Second, demonstrate pro...

a new fault tolerant controller (ftc) has been presented in this research by integrating a fault detection and diagnosis (fdd) mechanism in a nonlinear model predictive controller framework. the proposed fdd utilizes a multi-sensor data fusion (msdf) methodology to enhance its reliability and estimation accuracy. an augmented state-vector model is developed to incorporate the occurred sensor fa...

In this paper we aim to measure and to explain the frontier total factor productivity (TFP) growth in Tunisia over the period 1983-1996. We do not measure TFP growth by the conventional Solow residual. Instead we define TFP growth as the shift of the economy's production frontier, which we obtain year by year by solving a linear program, a sort of aggregate DEA analysis. We then decompose this ...

The present paper is composed by two distinct parts. The first part discusses the role played by population dynamics in the modern theory of economic growth, starting from its classical roots. In the second part we concentrate on one of the major concerns by scholars in demo-economics i.e. the endogenous explanation of the demographic transition. After having reviewed the main results of the re...

The identification of production functions from data is an important task in the modelling of economic growth. In this paper, we consider a non-parametric approach to this identification problem in the context of the spatial Solow model which allows for rather general production functions, in particular convex-concave ones that have recently been proposed as reasonable shapes. We formulate the ...

In the Dasgupta-Heal-Solow-Stiglitz model of capital accumulation and resource depletion we show the following equivalence: If an efficient path has constant (gross and net of population growth) savings rates, then population growth must be quasi-arithmetic and the path is a maximin or a classical utilitarian optimum. Conversely, if a path is optimal according to maximin or classical utilitaria...

We examine the dynamic properties of an endogenous growth model with an explicit R&D sector in order to evaluate its ability to propagate temporary disturbances into persistent fluctuations in macroeconomic variables. We demonstrate that a large proportion of the variability and persistence of measured Solow residuals can be thought of as reflecting the endogenous accumulation and adaptation of...