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Cited by 192

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The last 50 years in growth theory and the next 10

Open access
Solow, Robert M.·2007·Oxford Review of Economic Policy

Abstract

This article offers a personal view of the main achievements of (broadly) neoclassical growth theory, along with a few of the important gaps that remain. It discusses briefly the pluses and minuses of two major recent lines of research: endogenous growth theory and the drawing of causal inferences from international cross-sections, and criticizes the widespread contemporary tendency to convert the normative Ramsey model into a positive representative-agent macroeconomic model applying at all frequencies. Finally, it comments on the articles appearing in this symposium.

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Metadata

Authors
Solow, R. M.
Venue
Oxford Review of Economic Policy
Published
2007
Volume
23
Issue
1
Pages
3-14
ISSN
  • 0266-903X (ISSN-L)
  • 1460-2121
OpenAlex
W1964295281
Cited by
192
References
1
FWCI
17.53
Type
journal article
Language
en
Open access
hybrid

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CoChat. (2026). Citation check: The last 50 years in growth theory and the next 10. https://app.cochat.ai/papers/10.1093/icb/grm004
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Solow, R. M. (2007). The last 50 years in growth theory and the next 10. Oxford Review of Economic Policy. https://doi.org/10.1093/icb/grm004

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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.