We present a Solow-type growth model without constant returns. The population is heterogeneous with respect to capital per head, rate of saving, depreciation, and growth. We employ a continuous version of the Shapley value to divide total output among the di¤erent groups. In contrast to the standard Solow model, or its endogenous growth manifestation (labelled AK-type growth models), there may ...

convergence hypothesis is one of the results of neoclassical growth model, which has been examined recently. this hypothesis has two forms of absolute and conditional beta-convergence and implies that regions with lower per capita output have higher per capita growth rates. since there is no data for regional gdp in iran, there has been n study to test convergence hypothesis in iran. our main c...

Convergence hypothesis is one of the results of neoclassical growth model, which has been examined recently. This hypothesis has two forms of absolute and conditional Beta-convergence and implies that regions with lower per capita output have higher per capita growth rates. Since there is no data for regional GDP in Iran, there has been n study to test convergence hypothesis in Iran. Our main c...

today, most of the big cities or metropolises around the world have been encountering with the problem of informal habitation. the present study, thus, tries to focus on the role of endogenous development in such type of habitation process. for that matter, the paper takes into account architectural programming and urbanism as its theoretical framework because the endogenous development is rela...

Using data for six Asian miracle economies over the period from 1953 to 2006, this paper examines the extent to which growth has been driven by R&D and tests which second-generation endogenous growth model is most consistent with the data. The results give strong support to Schumpeterian growth theory but only limited support to semi-endogenous growth theory. Furthermore, it is shown that R&D h...