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Harrod-Domar growth and the production possibility curve.

Publication: International Advances in Economic Research
Publication Date: 01-AUG-06 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Harrod-Domar growth and the production possibility curve.(Research Notes)(Brief article)

Article Excerpt
The Harrod-Domar theory of economic growth was developed in 1947 after Keynes' General Theory. The main contribution of this theory is the recognition that investment has two sides, a demand side (the Keynesian view) and a supply side (the Harrod and Domar idea), the recognition that investment in plant...

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