The Theory of Economic Growth

The Theory of Economic Growth PDF Author: W. Arthur Lewis
Publisher:
ISBN:
Category :
Languages : en
Pages :

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The Theory of Economic Growth

The Theory of Economic Growth PDF Author: W. Arthur Lewis
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Book Description


A Theory of Economic Growth

A Theory of Economic Growth PDF Author: David de la Croix
Publisher: Cambridge University Press
ISBN: 9780521001151
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.

Readings in the Modern Theory of Economic Growth

Readings in the Modern Theory of Economic Growth PDF Author: Joseph E. Stiglitz
Publisher:
ISBN:
Category :
Languages : en
Pages : 497

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Unified Growth Theory

Unified Growth Theory PDF Author: Oded Galor
Publisher: Princeton University Press
ISBN: 140083886X
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution

Rethinking Economic Growth Theory From a Biophysical Perspective

Rethinking Economic Growth Theory From a Biophysical Perspective PDF Author: Blair Fix
Publisher: Springer
ISBN: 3319128264
Category : Business & Economics
Languages : en
Pages : 125

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Book Description
Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.

Essays in the Theory of Economic Growth

Essays in the Theory of Economic Growth PDF Author: Joan Robinson
Publisher: Springer
ISBN: 1349006262
Category : Business & Economics
Languages : en
Pages : 150

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A General Theory of Economic Development

A General Theory of Economic Development PDF Author: Sung-Hee Jwa
Publisher: Edward Elgar Publishing
ISBN: 1785367994
Category : Capitalism
Languages : en
Pages : 232

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Book Description
This book makes the bold attempt at proposing a new general theory of economic development. The main premise is that economic institutions and policies must embody ‘economic discrimination’ if there is to be any chance of real economic development. By economic discrimination, the author means ‘treating differences differently’ by selecting and supporting economic entities and behaviour that contribute positively to the economy. The book identifies markets, government and corporations as the ‘holy trinity of economic development’, that is, the three most important institutions that must work together via economic discrimination to steer the economy towards real transformative progress. The book also warns against the current trend of economic egalitarianism or ‘not treating differences differently’ because it destroys economic incentives and results in an array of economic problems including growth stagnation.

Economic Growth Theory

Economic Growth Theory PDF Author: Wei-Bin Zhang
Publisher: Routledge
ISBN: 1351159429
Category : Business & Economics
Languages : en
Pages : 394

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Book Description
This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.

Economic Growth

Economic Growth PDF Author: Alfonso Novales
Publisher: Springer Science & Business Media
ISBN: 354068669X
Category : Business & Economics
Languages : en
Pages : 528

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Book Description
This is a book on deterministic and stochastic Growth Theory and the computational methods needed to produce numerical solutions. Exogenous and endogenous growth models are thoroughly reviewed. Special attention is paid to the use of these models for fiscal and monetary policy analysis. Modern Business Cycle Theory, the New Keynesian Macroeconomics, the class of Dynamic Stochastic General Equilibrium models, can be all considered as special cases of models of economic growth, and they can be analyzed by the theoretical and numerical procedures provided in the textbook. Analytical discussions are presented in full detail. The book is self contained and it is designed so that the student advances in the theoretical and the computational issues in parallel. EXCEL and Matlab files are provided on an accompanying website to illustrate theoretical results as well as to simulate the effects of economic policy interventions.

Introduction to Economic Growth

Introduction to Economic Growth PDF Author: Charles Irving Jones
Publisher: W. W. Norton
ISBN: 9780393971743
Category : Economic development
Languages : en
Pages : 200

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Book Description
Examining empirical evidence such as how rich are the rich countries, how poor are the poor, and how fast do rich and poor countries grow, noted economist Charles Jones presents major theories of economic growth, from the Nobel Prize-winning work of Robert Solow to new growth theory that has ignited the field in recent years.