@article{ProopsSpeck1996, author = {Proops, John L. and Speck, Stefan}, title = {Comparison of neoclassical and neo-Austrian growth models}, journal = {Structural change and economic dynamics}, volume = {7}, number = {2}, doi = {10.1016/0954-349X(95)00042-L}, pages = {173 -- 192}, year = {1996}, abstract = {This paper compares the one-sector neoclassical (Solow) growth model with a neo-Austrian growth model. The solutions of the neoclassical growth model in terms of the golden rule of accumulation and the Ramsey rule are well known, and these conditions are compared with the outcomes of the neo-Austrian growth model, which we derive using a basic three-process model.}, language = {en} }