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Trevor Swan information


Trevor Swan
Born(1918-01-14)14 January 1918
Sydney, Australia
Died15 January 1989(1989-01-15) (aged 71)
NationalityAustralian
Academic career
InstitutionAustralian National University
FieldMacroeconomics
Alma materUniversity of Sydney
ContributionsSolow–Swan model
Information at IDEAS / RePEc

Trevor Winchester Swan (14 January 1918 – 15 January 1989) was an Australian economist. He is best known for his work on the Solow–Swan growth model, published simultaneously by American economist Robert Solow, for his work on integrating internal and external balance as represented by the Swan Diagram, and for pioneering work in macroeconomic modeling, which predated that of Lawrence Klein but remained unpublished until 1989.

Swan is widely regarded as the greatest economic theorist that Australia has produced, and as one of the finest economists not to receive a Nobel Memorial Prize in Economic Sciences.[1]

There were two independent pioneers of Neoclassical Growth Theory: Robert Solow and Trevor Swan. Solow published "A Contribution to the Theory of Economic Growth" in the February issue of the QJE in 1956, and Trevor Swan published "Economic Growth and Capital Accumulation" in the Economic Record, subsequent to Solow in December 1956. Swan's contribution has been overshadowed by Solow, who was awarded the Nobel Memorial Prize in 1987 for his contributions to economic growth.

  1. ^ Distinguished ANU Economists

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demand-driven considerations. The Solow–Swan model worked out by Robert Solow and, independently, Trevor Swan in the 1950s achieved more long-lasting...

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International Economic Policy – The Balance of Payments (1951). Trevor Swan developed this problem into Swan diagram, which became more influential in the economic...

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Subramanian Swamy (born 1939), Indian politician, economist and statistician Trevor Swan (1918–1989), Australian economist Paul Sweezy (1910–2004), American economist...

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growth theory until Robert Solow and Trevor Swan independently developed neoclassical growth models in 1956. Solow and Swan produced a more empirically appealing...

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