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econ.EM2018
Testing a Goodwin model with general capital accumulation rate
Matheus R. Grasselli, Aditya Maheshwari
We perform econometric tests on a modified Goodwin model where the capital accumulation rate is constant but not necessarily equal to one as in the original model (Goodwin, 1967).…
econ.EM2018★ 28 cited
A comment on 'Testing Goodwin: growth cycles in ten OECD countries'
Matheus R. Grasselli, Aditya Maheshwari
We revisit the results of Harvie (2000) and show how correcting for a reporting mistake in some of the estimated parameter values leads to significantly different conclusions, incl…