Evsey Domar

A Russian-born, Manchurian-raised, MIT economist, Evsey Domar has made contributions in three main areas of economics: economic growth, comparative economics and economic history.

His work on economic growth began with his 1944 model on government debt, which considered how economic growth can lighten the burden of the government debt.

His major claim to fame, however, was in developing, parallel to Roy Harrod, the now- famous Harrod-Domar growth model (1946) as a way of extending the Keynesian demand-determined equilibrium into the long run.

Major works of Evsey D. Domar

– The Burden of the Debt and the National Income, 1944, AER
– Proportional Income Taxation and Risk-Taking, with R. Musgrave, 1944
– Capital Expansion, Rate of Growth and Employment, 1946, Econometrica
– Expansion and Employment, 1947, AER
– The Problem of Capital Accumulation, 1948, AER
– Capital Accumulation and the End of Prosperity, 1949, Proceedings of Internat. Statistical Conference
– The Effect of Foreign Investment on the Balance of Payments, 1950, AER
– A Theoretical Analysis of Economic Growth, 1952, AER
– Depreciation, Replacement and Growth, 1953, EJ
– The Case for Accelerated Depreciation, 1953, QJE
– Essays in the Theory of Economic Growth, 1957
– On the Measurement of Technological Change, 1961, EJ
– The Soviet Collective Farm as a Producer Co-Operative, 1966, AER
– An Index-Number Tournament, 1967, QJE
– The Causes of Slavery or Serfdom: A hypothesis, 1970, Journal of Economic History
– On The Optimal Compensation of a Socialist Manager, 1974, QJE

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