The endogenous growth models were characterized by

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The endogenous growth models were mainly developed by Lucas and Romer, among others. Friedman also contributed to the development of growth theories, but his approach was different from the endogenous growth models. Parente and Prescott are well-known researchers in the field of economic growth, but they did not develop the endogenous growth models. Solow's work on economic growth is focused on the exogenous factors influencing economic growth. Malthus, on the other hand, is known for his theory of population growth, which is not directly related to the endogenous growth models.

The Endogenous Growth Models Were Characterized by