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February 1, 1961The Review of Economic Studies314 citations

Neutral Inventions and the Stability of Growth Equilibrium

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HUHirofumi UzawaSpringer Nature (Germany)

Key Points

  • The paper aims to explore how neutral inventions influence the long-term stability of economic growth equilibria.
  • Develops theoretical models of economic growth and innovation.
  • Analyzes the conditions for stability in growth equilibria.
  • Examines implications of neutral inventions on economic dynamics.
  • Finds that neutral inventions contribute positively to growth stability under certain conditions.
  • Demonstrates that innovation leads to more resilient economic systems.
  • Suggests a framework for understanding long-term economic adjustments through neutral innovations.

Abstract

Neutral Inventions and the Stability of Growth Equilibrium* H. Uzawa H. Uzawa University of California, Berkeley, and Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 28, Issue 2, February 1961, Pages 117–124, https://doi.org/10.2307/2295709 Published: 01 February 1961

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Cite This Study

Hirofumi Uzawa (1961) studied this question.

synapsesocial.com/papers/6a0f4b2a34fbf15957ed16c8https://doi.org/10.2307/2295709
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