Balanced Growth Path

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
BGP
Pronunciation
/ˈbælənst groʊθ pæθ/
Category
Miscellaneous
Related Field
Unclassified

Examples in Context

  1. Define sustainable growth as a balanced growth path generating both rising consumption per capita and an improving environment.
  2. The results also support the argument that, as for the policy implications, large government-initiated shocks aimed at improving fundamentals may exert positive effects on the balanced growth path.
  3. Using the new balanced growth path equation, the author proves that Acre are both positive and negative effects of population aging on economic growth;
  4. This paper estimates the aging population effects on the balanced economic growth path by establishing a new equation of the balanced growth path based on the Solow growth model, which includes a variable of symbolizing an aging population.
  5. Then the author analyzes the effects of changing the rate of population aging on balanced growth path, output, and labor's consumption, and gets the different formulas of standard coefficient of retirements income.

Other meanings of BGP