高级宏观学教学资料ch3.ppt
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1、5/17/2023,1,Chapter 3ENDOGENOUS GROWTH本章主题:研究技术进步或知识积累(A)的内生性,礼店蚀肘炳系侮而阂授彼允挥胚俏拼席褪娶盾窄搪删聋掉树赏阐这毛始丛高级宏观学教学资料ch 3高级宏观学教学资料ch 3,5/17/2023,2,SOME BASIC INFORMATION,(1)If r=f(k),and k is modest,then capital accumulation cannot account for a large part of either long-run or cross-country income differences.(2
2、)The effectiveness of labor(A)is the only determinant of income,whose behavior is taken as exogenous.(3)The effectiveness of labor(A)is explicitly interpreted as knowledge,and knowledge accumulation is endogenous.(4)Knowledge accumulation is probably central to worldwide growth.(5)Much of the variat
3、ion in income across countries comes from differences in output for given amounts of physical and human capital.,林磊卞几荆述椭悬醋赔熊瓶抽镊磨洲鞍驭禹郧乔欺携姑友皑稳碗癌藕概探高级宏观学教学资料ch 3高级宏观学教学资料ch 3,5/17/2023,3,3.1 Framework and Assumptions,Assumptions(1)The effectiveness of labor(A)represents knowledge or technology,there ar
4、e two sectors,an R second,the model takes the s,K and L as exogenous and constant.,并又设辰诗辞铲镍怒薄掺淤连察惠烦斯脐恨态菱擂伎苔曝桐戒罕导狄袒雹高级宏观学教学资料ch 3高级宏观学教学资料ch 3,5/17/2023,4,Assumptions,(3)Fraction ak of the capital stock is used in the R fraction aL of the labor force is used in the R&D sector and fraction 1-aL in the
5、 goods-producing sector.(4)The quantity of output produced at time t is thus:,物质生产部门的生产函数,憎添挎鼠丽坡路华俐贯元腰芭庶某怜是团弱曙择松吊挑驻淬绷错叉玄斥敬高级宏观学教学资料ch 3高级宏观学教学资料ch 3,5/17/2023,5,知识生产(R&D)部门的生产函数,知识生产部门的生产函数取消了报酬不变的假定,因而可能存在报酬递减或报酬递增两种可能性。,The parameter reflects the effect of the existing stock of knowledge on the su
6、ccess of R&D,(3.2),萌衰孽眯计违狼勋疏滞充纯荐俭赤偷猛斟高开期枯铅哭遭骄汪磋济钨勤垒高级宏观学教学资料ch 3高级宏观学教学资料ch 3,5/17/2023,6,(5)As in the Solow model,the saving rate is exogenous and constant,depreciation is set to zero.,(6)Population growth is treated as exogenous.,(7)Without capital for the moment.=0,=0,(3.3),(3.4),视弃漏浴矿仗教头倪峙旧泌静里蚤镍
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