Endogenous model, Data Structure & Algorithms

Assignment Help:

Question

a) Describe how the endogenous model is an improvement to the neo-classical model in explaining the long-run effect of investment on
economic growth of a country.

b) Using evidences from Barro (1996), explain how the author modelled the "convergence theory of growth". Are developing countries catching up with the more developed ones or not? Explain.

c) "Democracies are growth-promoting entities while totalitarian regimes are not" Do you agree with this statement?


Related Discussions:- Endogenous model

Bubble sort, In this sorting algorithm, multiple swapping occurs in one pas...

In this sorting algorithm, multiple swapping occurs in one pass. Smaller elements move or 'bubble' up to the top of the list, so the name given to the algorithm. In this method,

Explain the theory of computational complexity, Explain the theory of compu...

Explain the theory of computational complexity A  problem's  intractability  remains  the  similar  for  all  principal  models  of   computations    and   all reasonable inpu

Which are the two standard ways of traversing a graph, Which are the two st...

Which are the two standard ways of traversing a graph? i. The depth-first traversal   ii. The breadth-first traversal

Algorithm for inorder traversals, Step-1: For the current node, verify whet...

Step-1: For the current node, verify whether it contain a left child. If it has, then go to step-2 or else go to step-3 Step-2: Repeat step-1 for left child Step-3: Visit (th

Multiple stack, implement multiple stack in single dimensionl array.write a...

implement multiple stack in single dimensionl array.write algorithms for various stack operation for them

Define the terms - key attribute and value set, Define the terms   ...

Define the terms     i) Key attribute     ii) Value set  Key attribute:  An entity  type  usually  has  an attribute  whose  values  are  distinct  fr

Determine the output of vehicles algorithm, Draw trace table and determine ...

Draw trace table and determine the output from the below flowchart using following data (NOTE: input of the word "end" stops program and outputs results of survey):  Vehicle = c

HUFFMAN CODING, Ask question 1. Indicate whether each of the following prop...

Ask question 1. Indicate whether each of the following properties is true for every Huffman code. a. The codewords of the two least frequent symbols have the same length. b. The

Find longest repeat prefix of string - linear time algorithm, 1. A string s...

1. A string s is said to be periodic with a period α, if s is α k for some k > 2. (Note that α k is the string formed by concatenating k times.) A DNA sequence s is called a tand

Determine the greatest common divisor, Determine the greatest common diviso...

Determine the greatest common divisor (GCD) of two integers, m & n. The algorithm for GCD might be defined as follows: While m is greater than zero: If n is greater than m, s

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd