Trevor Swan and the Neoclassical Growth Model

  title={Trevor Swan and the Neoclassical Growth Model},
  author={Robert W. Dimand and Barbara J. Spencer},
  journal={NBER Working Paper Series},
Trevor Swan independently developed the neoclassical growth model. Swan (1956) was published ten months later than Solow (1956), but included a more complete analysis of technical progress, which Solow treated separately in Solow (1957). Reference is sometimes made to the "Solow-Swan growth model", but more commonly reference is made only to the "Solow growth model". This paper examines the history of Swan's development of the growth model, the similarities and differences between the… 
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