#!/usr/bin/env python # coding: utf-8 # # Deploying: Solow Growth Model: Initial Calculations # # * Deploy this notebook to your Berkeley datahub account via: # # * Or download this notebook directly from github at: # # The Solow Growth Model is the simplest possible model capable of capturing anything about economic growth that I am aware of. It has: # # * a capital stock K, determined over time by the savings-investment share s, output Y, and a depreciation rate δ. # * a labor force L, determined over time by its growth rate n. # * an efficiency-of-labor E, determined over time by its growth rate g. # * a production function determining output Y, depending on a parameter α capturing the relative capital orientation of growth as well as on K, L, and E. # * That's it! # # What can we then tell about economic growth from this very simple framework? # # --- # # This File: