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Quote by Edward A. Hudson

“Although this conventional theory describes the outcome of GDP growth it does not really explain the growth process. As the steady state growth rate, “g”, is external to the model, Solow models in effect describe growth after it happens.” quote by Edward A. Hudson
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““Although this conventional theory describes the outcome of GDP growth it does not really explain the growth process. As the steady state growth rate, “g”, is external to the model, Solow models in effect describe growth after it happens.””

Edward A. Hudson

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