MODEL PERTUMBUHAN EKONOMI MANKIW ROMER WEIL DENGAN PENGARUH PERAN PEMERINTAH TERHADAP PENDAPATAN
Abstract: Mankiw Romer Weil
model is one of economic growth model. In this paper, we will present a Mankiw
Romer Weil economic growth model development with role of government influence
on income. Furthermore, invesment on human capital and physic capital expenditure
is from net income and no longer using gross income. Net income represents the
amount of money remaining after all operating expenses have been deducted from
gross income by government. A three
sector closed economy model is constructed by adding government sector to the
two sector closed economy which consist of household and business sector and
there is no international trade. Analysis of steady state in Mankiw Romer Weil
economic growth model with role of government influence can be obtained one
equilibrium point for human and physic capital per effective labor. Then,this
model are analyzed to determine the stability of the equilibrium point. The
stability of the equilibrium point criteria is based on eigenvalues from
Jacobian matrix and we show that eigenvalues of Jacobian matrix are real,
distinct and negative so the equilibrium point is asymptotically stable.
Penulis: Desi Oktaviani
Kode Jurnal: jpmatematikadd160305
