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The Harrod–Domar model is a Keynesian model of economic growth.It is used in development economics to explain an economy's growth rate in terms of the level of saving and of capital.
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Region Rate Africa: 3.2 Asia and Oceania: 4.4 Australia and New Zealand: 1.7 Caribbean: 9.8 Central America: 3.8 Central Asia and the Caucasus: 4.1 East Asia: 4.2 Eastern Europe: 1.6 Europe: 1.0
The von Bertalanffy growth function (VBGF), or von Bertalanffy curve, is a type of growth curve for a time series and is named after Ludwig von Bertalanffy.It is a special case of the generalised logistic function.