Structural Dynamics and Economic Growth

Language: English

Published by Cambridge University Press, 2016

1316503895 / 9781316503898

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Druck auf Anfrage Neuware - Printed after ordering - 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.…

Seller Inventory # 9781316503898

Title
Structural Dynamics and Economic Growth
Author
Richard Arena
Publisher
Cambridge University Press
Publication year
2016
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1316503895
ISBN 13
9781316503898
Item weight
452 grams
Dimensions
229x152x17 mm

AHA-BUCH GmbH

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