A modified version of Solow-Ramsey model using Richard's growth function

Plata Pérez, Leobardo; Calderón, Eduardo

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EconoQuantum

On-line version ISSN 2007-9869Print version ISSN 1870-6622

Abstract

PLATA PEREZ, Leobardo and CALDERON, Eduardo. A modified version of Solow-Ramsey model using Richard's growth function. EconoQuantum [online]. 2009, vol.6, n.1, pp.65-70. ISSN 2007-9869.

We investigate the consequences of introducing Richard's Growth function as a production function in Solow-Swan and Ramsey models. Poverty traps appear in a natural manner.

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