Nwaogbe Obioma, R.
Department Of Transport Management Technology, Federal University Of Technology, Minna, Nigeria
A Differential Equation Of The Neoclassical Model Of Economic Growth
We present the fundamental differential equation of economic growth of the neoclassical model subject to foreign borrowing. We obtained a threshold parameter , which can be used to control a country’s net export and its foreign debt. It is found that the fundamental equation of neoclassical economic growth is obtained from the combination of the income identity, gross investment

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