On The Dynamics Of Economic Growth PDF Download
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| Author | : Richard Arena |
| Publisher | : Cambridge University Press |
| Total Pages | : 309 |
| Release | : 2012-05-03 |
| Genre | : Business & Economics |
| ISBN | : 1107015960 |
Download Structural Dynamics and Economic Growth Book in PDF, ePub and Kindle
Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.
| Author | : David de la Croix |
| Publisher | : Cambridge University Press |
| Total Pages | : 400 |
| Release | : 2002-10-24 |
| Genre | : Business & Economics |
| ISBN | : 9780521001151 |
Download A Theory of Economic Growth Book in PDF, ePub and Kindle
This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.
| Author | : Adam Szirmai |
| Publisher | : Cambridge University Press |
| Total Pages | : 760 |
| Release | : 2005-01-20 |
| Genre | : Business & Economics |
| ISBN | : 1107717566 |
Download The Dynamics of Socio-Economic Development Book in PDF, ePub and Kindle
Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.
| Author | : Mr.Michael Sarel |
| Publisher | : International Monetary Fund |
| Total Pages | : 34 |
| Release | : 1994-11-01 |
| Genre | : Business & Economics |
| ISBN | : 1451855958 |
Download On the Dynamics of Economic Growth Book in PDF, ePub and Kindle
This paper examines the dynamics of economic growth. First, it demonstrates that the standard neoclassical growth model with constant elasticity of intertemporal substitution is not consistent with the patterns of development we observe in the real world, once we consider the initial conditions. Second, it examines an alternative growth model, which is consistent with endogenously determined initial conditions and also generates dynamics that are in accord with the historical patterns of growth rates, capital flows, savings rates and labor supply. The alternative model is a generalized version of the neoclassical growth model, with increasing rates of intertemporal substitution due to a Stone-Geary type of utility.
| Author | : Bernhard Felderer |
| Publisher | : |
| Total Pages | : |
| Release | : 2003 |
| Genre | : |
| ISBN | : |
Download Dynamics in Economic Growth and International Trade Book in PDF, ePub and Kindle
| Author | : Steve Dowrick |
| Publisher | : Cambridge University Press |
| Total Pages | : 206 |
| Release | : 2004-05-31 |
| Genre | : Business & Economics |
| ISBN | : 9781139452342 |
Download Economic Growth and Macroeconomic Dynamics Book in PDF, ePub and Kindle
The development of the endogenous growth model rekindled interest in growth theory. In contrast to the neo-classical model, long-run endogenous growth emerged as an equilibrium outcome, reflecting the behaviour of optimizing agents in the economy. This book brings together a number of contributions in growth theory and macroeconomic dynamics, reflecting these developments and the ongoing debate over the relative merits of neo-classical and endogenous growth models. It focuses on the emergence of three important aspects: First, it develops growth models that extend the underlying theory in different directions. Second, it addresses one of the concerns of the literature on growth and dynamics: the statistical properties of underlying data and the effort to ensure that growth models are consistent with empirical evidence. Third, it discusses the increasingly international focus of macrodynamics and growth theory, an inevitable consequence of the integration of the world economy.
| Author | : Steve Dowrick |
| Publisher | : |
| Total Pages | : 201 |
| Release | : 2006-06-11 |
| Genre | : Business & Economics |
| ISBN | : 0511192584 |
Download Economic Growth and Macroeconomic Dynamics Book in PDF, ePub and Kindle
The development of the endogenous growth model rekindled interest in growth theory. In contrast to the neo-classical model, long-run endogenous growth emerged as an equilibrium outcome, reflecting the behaviour of optimizing agents in the economy. This book brings together a number of contributions in growth theory and macroeconomic dynamics, reflecting these developments and the ongoing debate over the relative merits of neo-classical and endogenous growth models. It focuses on the emergence of three important aspects: First, it develops growth models that extend the underlying theory in different directions. Second, it addresses one of the concerns of the literature on growth and dynamics: the statistical properties of underlying data and the effort to ensure that growth models are consistent with empirical evidence. Third, it discusses the increasingly international focus of macrodynamics and growth theory, an inevitable consequence of the integration of the world economy.
| Author | : Richard H. Day |
| Publisher | : Cambridge University Press |
| Total Pages | : 259 |
| Release | : 2003-11-13 |
| Genre | : Business & Economics |
| ISBN | : 1139440934 |
Download The Divergent Dynamics of Economic Growth Book in PDF, ePub and Kindle
This book explains how changing technology and economizing behaviour induce vast changes in productivity, resource allocation, labour utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the whole world pass through distinct epochs, each one emerging from its predecessor, each one creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized as an explosive process, marked by turbulent transitions in social and political life as societies adapt to new opportunities, the demise of old ways of living, and to the vast increase and redistribution of human populations. The book is based on a synthesis of classical economics and contemporary concepts of adaptation and economic evolution. Although it is based on analytical methods, the text has been stripped of all equations and with few exceptions is devoid of technical jargon.
| Author | : Jati Sengupta |
| Publisher | : Springer Science & Business Media |
| Total Pages | : 182 |
| Release | : 2012-05-02 |
| Genre | : Business & Economics |
| ISBN | : 1461438527 |
Download Dynamics of Industry Growth Book in PDF, ePub and Kindle
Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation.
| Author | : Lykke E. Andersen |
| Publisher | : Cambridge University Press |
| Total Pages | : 288 |
| Release | : 2002-12-12 |
| Genre | : Business & Economics |
| ISBN | : 9780521811972 |
Download The Dynamics of Deforestation and Economic Growth in the Brazilian Amazon Book in PDF, ePub and Kindle
A multi-disciplinary team of authors analyze the economics of Brazilian deforestation using a large data set of ecological and economic variables. They survey the most up to date work in this field and present their own dynamic and spatial econometric analysis based on municipality level panel data spanning the entire Brazilian Amazon from 1970 to 1996. By observing the dynamics of land use change over such a long period the team is able to provide quantitative estimates of the long-run economic costs and benefits of both land clearing and government policies such as road building. The authors find that some government policies, such as road paving in already highly settled areas, are beneficial both for economic development and for the preservation of forest, while other policies, such as the construction of unpaved roads through virgin areas, stimulate wasteful land uses to the detriment of both economic growth and forest cover.
