TY  - JOUR
AU  - Sala-i-Martin,Xavier
TI  - Lecture Notes on Economic Growth(II): Five Prototype Models of Endogenous Growth
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3564
PY  - 1990
Y2  - December 1990
UR  - http://www.nber.org/papers/w3564
L1  - http://www.nber.org/papers/w3564.pdf
N1  - Author contact info:
Xavier Sala-i-Martin
Department of Economics
Columbia University
420 West 118th Street, 1005
New York, NY 10027
Tel: 212/854-7055
Fax: 212/854-8059
E-Mail: xs23@columbia.edu
AB  - This paper explores the five simplest models of endogenous growth. We start with the AK model (Rebelo (1990)) and argue that all endogenous growth models can be viewed as variations or microfoundations of it. We then examine the Barro (1990) model of government spending and growth. Next we look at the Arrow-Sheshinskj-Romer model of learning by doing and externalities. The Lucas (1988) model of human capital accumulation is then considered. Finally, we present a simple model of R&D and growth.
ER  -