问题如下:
6. Which of the following growth models is most consistent with O’Leary’s Statement 2?
选项:
A.Classical
B.Endogenous
C.Neoclassical
解释:
C is correct.
According to the neoclassical model, convergence should occur more quickly if economies are open and there is free trade and international borrowing and lending. Opening up the economy should increase the rate at which the capital-to-labor ratio converges among countries. However, in the neoclassical Solow model, after the reallocation of world savings, there is no permanent increase in the rate of growth in an economy. Both the developed and developing countries eventually grow at the same steady-state rate.
考点:三种经济增长理论的辨析。
解析:在这三种理论中,只有Neoclassical的观点是有Convergence的,并且如果一国经济越开放,
这个国家就越容易获取国外先进的科学技术并且越容易获得国际金融的支持,
它就越容易达到 其他国家capital-to-labor ratio 的比率水平,
趋同就会越快达到。趋同发生之后所有国家都会达到一种稳定的增长水平,并且不会发生超额的经济增长。
提到了 there is no permanent increase in the rate of growth in an economy,不是与newclassical theory相反吗?