Evsey D. Domar, 1914-1997
One might speculate perhaps that the circumstances of Evsey Domar's life conspired in
his favor. A Russian-born, Manchurian-raised, MIT economist, 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 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.
Resources on Evsey Domar