In particular, the long-run rate of growth of output may no longer simply be determined by the growth of effective labour.
Such expenditure, and hence the long-run rate of growth, may well be affected by capital taxation.
At the same time, they provide only a limited basis for understanding the determinants of the long-run rate of growth, particularly technical progress and entrepreneurial activity.
The long-run rate of return on stocks tends to be about the same as the "earnings yield" - the price-earnings ratio people usually talk about only upside down.
In neoclassical growth models, the long-run rate of growth is exogenously determined - in other words, it is determined outside of the model.
Given the price it did sell for, for someone in a 28 percent federal income tax bracket, the long-run after-tax annual rate of return will be 7.4 percent.
The capital build-up that had allowed American companies to supply belligerents and the American army resulted in a greater long-run rate of production even after the war had ended in 1917.
The long-run rate at which events occur is the reciprocal of the expectation of , that is .
In neo-classical growth models, the long-run rate of growth is exogenously determined by either the savings rate (the Harrod-Domar model) or the rate of technical progress (Solow model).
For one thing, at that rate it would take another couple of years for the unemployment rate to get down to 6 percent, the rate many economists said they thought was the long-run full-employment rate.