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标题: Equity Q - Endogenous vs Neoclassical [打印本页]

作者: bcp901    时间: 2013-4-4 02:11     标题: Equity Q - Endogenous vs Neoclassical

Can anybody provide nice concise definitions for the these two growth theories in the equity section?
What are the core differences between these two growth theories?
作者: tango_gs    时间: 2013-4-4 02:15

neo-growth drops to required rate of return due to lack of technological advance
endo-growth keeps on continuing b/c when growth slows people invent new technologies to keep growth going




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