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A New Proof of Uzawa's Steady-State Growth Theorem
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Journal Article
A New Proof of Uzawa's Steady-State Growth Theorem
2008
Overview
This note revisits the proof of the steady-state growth theorem, first given by Uzawa in 1961. We provide a clear statement of the theorem, discuss intuition for why it holds, and present a new, elegant proof due to Schlicht (2006).
Publisher
MIT Press,The MIT Press,MIT Press Journals, The
