HANDS-ON MODELING: Robert Solow and Technological Change

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View and complete this activity in Module 6 - the UNI-CGE Model 


1. Experiment: Robert Solow and Technological Change

Robert Solow developed the insight that economic output is a function of both the supply of factors and their productivity.  In this experiment, you will learn how to change total factor productivity (TFP)  by changing the shift parameter in an activity's production function. 


Last modified: Saturday, 4 May 2024, 4:30 PM