The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Models of Growth

  • H. Uzawa
Reference work entry


The year 1939 was marked by the appearance of Harrod (1939) which gave a major impetus to the development of growth theory. Harrod was concerned with the problem of probable inconsistency between the conditions of full employment and a steady state of economic growth. The conditions under which full employment is secured are necessarily of a short-run nature, while a steady state of growth requires certain fundamental dynamic equations to be satisfied.

This is a preview of subscription content, log in to check access.


  1. Ara, K. 1958. Capital theory and economic growth. Economic Journal 68: 511–527.CrossRefGoogle Scholar
  2. Arrow, K.J. 1962. The economic implications of learning by doing. Review of Economic Studies 29: 155–173.CrossRefGoogle Scholar
  3. Atkinson, A., and J.E. Stiglitz. 1969. A new view of technical change. Economic Journal 79: 573–578.CrossRefGoogle Scholar
  4. Buttrick, J.A. 1960. A note on growth theory. Economic Development and Cultural Change 9: 75–82.CrossRefGoogle Scholar
  5. Cass, D. 1965. Optimum growth in an aggregative model of capital accumulation. Review of Economic Studies 32: 233–240.CrossRefGoogle Scholar
  6. Domar, E. 1946. Capital expansion, rate of growth, and employment. Econometrica 14: 137–147.CrossRefGoogle Scholar
  7. Harrod, R.F. 1937. Review of Joan Robinson’s essays in the theory of employment. Economic Journal 47: 326–330.CrossRefGoogle Scholar
  8. Harrod, R.F. 1939. An essay in dynamic theory. Economic Journal 49: 14–33.CrossRefGoogle Scholar
  9. Inada, K. 1966. Investment in fixed capital and the stability of growth equilibrium. Review of Economic Studies 33: 19–30.CrossRefGoogle Scholar
  10. Johnson, H.G. 1966. The neo-classical one-sector growth model: A geometric exposition and extension to a monetary economy. Econometrica 33: 265–287.Google Scholar
  11. Jorgenson, D.W. 1961. Stability of a dynamic input–output system. Review of Economic Studies 28: 105–116.CrossRefGoogle Scholar
  12. Kaldor, N. 1956. Alternative theories of distribution. Review of Economic Studies 23(2): 83–100.CrossRefGoogle Scholar
  13. Kaldor, N. 1961. Capital accumulation and economic growth. In The theory of capital, ed. F.A. Lutz and D.C. Hague. London: Macmillan.Google Scholar
  14. Kennedy, C. 1964. Induced bias in innovation and the theory of distribution. Economic Journal 74: 541–547.CrossRefGoogle Scholar
  15. Koopmans, T.C. 1960. Stationary ordinal utility and impatience. Econometrica 28: 287–309.CrossRefGoogle Scholar
  16. Koopmans, T.C. 1964. On a concept of optimum economic growth. Pontificiae Academiae Scientiarium Scripta Varia 28: 225–287.Google Scholar
  17. Levhari, D., and D. Patinkin. 1968. The role of money in a simple growth model. American Economic Review 58: 713–753.Google Scholar
  18. Meade, J.E. 1961. A neoclassical theory of economic growth. New York: Oxford University Press.Google Scholar
  19. Morishima, M. 1964. Equilibrium, stability and growth: A multi-sectoral analysis. Oxford: Oxford University Press.Google Scholar
  20. Pasinetti, L. 1962. Rate of profit and income distribution in relation to the rate of economic growth. Review of Economic Studies 29: 267–279.CrossRefGoogle Scholar
  21. Penrose, E.T. 1959. The theory of the growth of the firm. Oxford: Blackwell.Google Scholar
  22. Phelps, E.S. 1966. Models of technical progress and the golden rule of research. Review of Economic Studies 33: 133–145.CrossRefGoogle Scholar
  23. Ramsey, F.P. 1928. A mathematical theory of saving. Economic Journal 38: 543–559.CrossRefGoogle Scholar
  24. Robinson, J. 1938. The classification of inventions. Review of Economic Studies 5: 139–142.CrossRefGoogle Scholar
  25. Shinkai, Y. 1960. On the equilibrium growth of capital and labor. International Economic Review 1: 107–111.CrossRefGoogle Scholar
  26. Solow, R.M. 1956. A contribution to the theory of economic growth. Quarterly Journal of Economics 70: 65–94.CrossRefGoogle Scholar
  27. Solow, R.M. 1960. Investment and technical progress. In Mathematical methods in the social sciences 1959, ed. K.J. Arrow and S. Karlin. Stanford: Stanford University Press.Google Scholar
  28. Srinivasan, T.N. 1964. Optimal savings in a two-sector model of economic growth. Econometrica 32: 358–373; errata 33, April, 474.CrossRefGoogle Scholar
  29. Swan, T.W. 1956. Economic growth and capital accumulation. Economic Record 32: 334–361.CrossRefGoogle Scholar
  30. Tobin, J. 1955. A dynamic aggregative model. Journal of Political Economy 63: 103–115.CrossRefGoogle Scholar
  31. Uzawa, H. 1961a. Neutral inventions and the stability of growth equilibrium. Review of Economic Studies 28: 117–124.CrossRefGoogle Scholar
  32. Uzawa, H. 1961b. On a two-sector model of economic growth. I. Review of Economic Studies 29: 40–47.CrossRefGoogle Scholar
  33. Uzawa, H. 1963. On a two-sector model of economic growth, II. Review of Economic Studies 30: 105–118.CrossRefGoogle Scholar
  34. Uzawa, H. 1964a. Optimal growth in a two-sector model of capital accumulation. Review of Economic Studies 31: 1–24.CrossRefGoogle Scholar
  35. Uzawa, H. 1964b. A note on Professor Solow’s model of technical progress. Economic Studies Quarterly 15: 63–68.Google Scholar
  36. Uzawa, H. 1969. Time preference and the Penrose effect in a two-class model of economic growth. Journal of Political Economy 77: 628–652.CrossRefGoogle Scholar
  37. Uzawa, H. 1974. On the dynamic stability of economic growth: the neoclassical versus Keynesian approaches. In Trade, stability, and macroeconomics, ed. P.A. Samuelson and L. Horwich. New York: Academic.Google Scholar

Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • H. Uzawa
    • 1
  1. 1.