Capital Expansion, Rate of Growth, and Employment

Capital Expansion, Rate of Growth, and Employment (DOI: https://doi.org/10.2307/1905364) was written by Evsey Domar in 1946.

Domar's work is closely related to the earlier work by Harrod.

Reading Notes

Classically, the issue with Domar's work is that the model is fit to post-war and developed countries. There was a significant population of underemployed workers; as a result, capital was the limiting productive factor.


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CapitalExpansionRateOfGrowthAndEmployment (last edited 2025-05-09 20:14:02 by DominicRicottone)