Lohia Model

The Lohia Model is a theoretical framework used in economics to describe how economies grow over time by analyzing the interactions between different types of savings and investments. It emphasizes the role of capital accumulation, technological progress, and income distribution in shaping economic development. The model explores how investments in capital can lead to sustainable growth, considering how factors like saving rates and productivity improvements influence long-term economic stability. Overall, it provides insights into the mechanisms driving economic progress and helps policymakers understand the importance of investments and technological advancement for sustained growth.