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  • The Financial Encyclopedia
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Economics

  Economics   |   Terms
  • 1419
  • September 17, 2021
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Solovian Growth

The economic growth that is brought about or catalyzed by investment. As new capabilities are added to the engine of productive economic activities, specifically labor, a wider base of capital stock results, spurring further economic growth, and so on.

Solovian relates to Robert Merton Solow (1924- ), a Nobel Laureate: Nobel memorial prize in economics sciences, 1987 (for his contributions to the theory of economic growth: exogenous growth model).

 


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