Long-run economic growth hinges on technological progress, a core insight of Robert Solow's renowned Growth Model. The model argues that once an economy reaches a "steady state," growth can't be ...

Azhar, S. , Zhang, Z. and Lu, S. (2025) Empirical Analysis of the Solow Paradox in Artificial Intelligence. Open Journal of Business and Management, 13, 3716-3729. doi: 10.4236/ojbm.2025.135200 .

His elegant work established that the main determinant of economic growth was technology, not growing capital and labor. By Robert D. Hershey Jr. and Michael M. Weinstein Robert M. Solow, who won a ...

Robert M. Solow, who won a Nobel in economic science in 1987 for his theory that advances in technology, rather than increases in capital and labor, have been the primary drivers of economic growth in ...