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The Elasticity of Substitution and the Savings Ratio in the Neoclassical Theory of Growth

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  • C. E. Ferguson

Abstract

I. Introduction, 465. — II. A neoclassical model of growth, 465. — III. The variable natural rate of growth, 466. — IV. Analysis of the variable path, 468. — V. Conclusion, 471.

Suggested Citation

  • C. E. Ferguson, 1965. "The Elasticity of Substitution and the Savings Ratio in the Neoclassical Theory of Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 79(3), pages 465-471.
    • Handle: RePEc:oup:qjecon:v:79:y:1965:i:3:p:465-471.
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    File URL: http://hdl.handle.net/10.2307/1882709
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    Cited by:

    1. Nguyen Ngoc Thach, 2020. "How to Explain When the ES Is Lower Than One? A Bayesian Nonlinear Mixed-Effects Approach," JRFM, MDPI, vol. 13(2), pages 1-17, February.
    2. Brad Sturgill, 2009. "Cross-country Variation in Factor Shares and its Implications for Development Accounting," Working Papers 09-07, Department of Economics, Appalachian State University.
    3. Nguyen Ngoc Thach, 2020. "The Variable Elasticity of Substitution Function and Endogenous Growth: An Empirical Evidence from Vietnam," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(1), pages 263-277.

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