Pasinetti versus Rebelo: Two different models or just one?

B-Tier
Journal: Journal of Economic Behavior and Organization
Year: 2008
Volume: 65
Issue: 3-4
Pages: 547-554

Score contribution per author:

1.005 = (α=2.01 / 2 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Pasinetti's [Pasinetti, L.L., 1960. A mathematical formulation of the Ricardian system. Review of Economic Studies 27, 78-98] model formalizing Ricardian growth theory and one of the simplest models developed within the 'new' growth theory [Rebelo, S., 1991. Long run policy analysis and long run growth. Journal of Political Economy 99, 500-521] are shown to share the same structure. This enforces the thesis according to which many endogenous growth models have a 'Classical' flavour. The main difference from Pasinetti's to Rebelo's framework may be interpreted as reflecting the change in the consumption pattern of workers from early to late industrial societies.

Technical Details

RePEc Handle
repec:eee:jeborg:v:65:y:2008:i:3-4:p:547-554
Journal Field
Theory
Author Count
2
Added to Database
2026-01-25