The book, The Principle of Economics–No Exception as the Same as Physics, finds a formula to solve the problem encountered by the Solow model. The Solow model was proposed by Solow in 1956 (he won the Nobel Prize in economics in 1980). His model indicates that the less developed countries can catch up with the developed countries. However, the economies of all countries in the world have not proved this, but the gap in per capita GDP has widened. The mathematical formula in this book explains that problem.
作者简介
茅 琦
英国经济学博士(计量经济学,时间序列方向),计量经济学硕士,发展研究学硕士;法学学士。
About the Author:
The author got his PhD in Economics (econometrics, time series direction), Master of Science in econometrics and Master of Science in Development Studies in the UK; and he has a Bachelor degree of law.