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the claim
The steady state in the Solow growth model coincides with the balanced growth path under exogenous technological progress.
the verdict
COMMON KNOWLEDGE
no citation needed for this one
refutedsupported
the weight of evidence
no sources on either side

The relationship between the steady state and the balanced growth path under exogenous technological progress in the Solow growth model is a standard textbook definition in neoclassical economics, requiring no external citation.

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The analysis

The claim states a definitional and foundational property of the neoclassical Solow growth model: when technological progress is exogenous (specifically Harrod-neutral), the steady state (where capital per effective worker is constant) coincides with the balanced growth path (where aggregate variables like output and capital grow at constant rates). This is standard economic theory and common knowledge found in any macroeconomics textbook.

Everything we examined (12)
We also searched for evidence AGAINST this claim, not only for it.
  1. The relationship between health expenditure, CO<sub>2</sub> emissions, and economic growth in the BRICS countries-based on the Fourier ARDL model.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  2. Do natural disasters affect economic growth? The role of human capital, foreign direct investment, and infrastructure dynamics.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  3. The Green Solow Model with Natural Resources Constraint: A Theoretical Notepeer-reviewedno side takennot shown: read and judged not to bear on this claim
  4. Pandemic effects in the Solow growth modelpeer-reviewedno side takennot shown: read and judged not to bear on this claim
  5. A Short Note on the Fallacy of Identification of Technological Progress in Models of Economic Growthpeer-reviewedno side takennot shown: read and judged not to bear on this claim
  6. Transitional Dynamics and Uniqueness of the Balanced-Growth Path in a Simple Model of Endogenous Growth with an Environmental Assetpeer-reviewedno side takennot shown: read and judged not to bear on this claim
  7. Solow-Swan Model and Growth Dynamics: moving forwardpeer-reviewedno side takennot shown: read and judged not to bear on this claim
  8. Estimation of the Solow-Cobb-Douglas economic growth model with a Kalman filter: An observability-based approach.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  9. Impact of capital market volatility on economic growth - An analysis based on stochastic volatility model.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  10. Analysis of the spatio-temporal variability and convergence of green development efficiency of city clusters in the middle reaches of the Yangtze River in China.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  11. Evaluation of new quality productive forces in Henan province based on improved entropy weight-TOPSIS method and deep learning.peer-reviewedno side takennot shown: read and judged not to bear on this claim
  12. Time Path of Capital-Labor Ratio and Steady-State Conditions of the Solow Long-Run Growth Modelpeer-reviewedno side takennot shown: read and judged not to bear on this claim
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first checked05 Aug 2026
judged → COMMON KNOWLEDGE · 9505 Aug 2026
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