KITOV, Ivan O.; KITOV, Oleg I.; DOLINSKAYA, Svetlana A. - In: Journal of Applied Economic Sciences 4 (2009) 1(7)_ Spring 2009
A two-component model for the evolution of real GDP per capita in the United States is presented and tested. First component of the growth rate of GDP represents the growth trend and is inversely proportional to the attained level of real GDP per capita, with the nominator being constant through...
