The path of economic growth

書誌事項

The path of economic growth

Adolph Lowe ; assisted by Stanford Pulrang ; with an appendix by Edward J. Nell

Cambridge University Press, 1976

  • : pbk

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注記

Includes bibliographical references and indexes

内容説明・目次

内容説明

The writings on the theory of economic growth share almost without exception two characteristics - they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli - changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.

目次

  • Preface
  • Acknowledgements
  • Part I. The Basic Model: 1. Introduction: scope and method
  • 2. Patterns of economic growth
  • 3. A schema of industrial production
  • 4. The circulation of fixed capital
  • 5. The circulation of working capital
  • 6. The stationary process in operation: structure analysis
  • 7. The stationary process in operation: force analysis
  • 8. Transition to dynamic equilibrium
  • 9. Dynamic equilibrium: structure analysis
  • 10. Dynamic equilibrium: force analysis
  • Part II. Changes in the Rate of Change: The Dynamics of Labour Supply: 11. The setting of the problem
  • 12. A bird's-eye view of an expanding traverse
  • 13. On the short-period variability of the capital-labour supply in a free market
  • 14. Adjustment to a higher rate of growth of labour supply in a free market: I. Structure analysis
  • 15. Adjustment to a higher rate of growth of labour supply in a free market: II. Force analysis
  • 16. Adjustment to a higher rate of growth of labour supply in a collectivist system
  • 17. Some comments on the role of working capital in the traverse
  • 18. Instrumental analysis of decline in the rate of growth of labour supply
  • Part III. Changes in the Rate of Change: The Dynamics of Natural Resources Supply: 19. The dynamics of diminishing returns
  • 20. Recycling of production and consumption residuals and the structure of production
  • Part IV. Changes in the Rate of Change: The Dynamics of Technological Progress: 21. The scope of the investigation
  • 22. Dynamic equilibrium once more
  • 23. Nonneutral innovations: a general survey
  • 24. Pure labour-displacing innovations
  • 25. Pure capital-displacing innovations
  • 26. Some comments on combined changes in the input of labour and capital
  • 27. Technical progress and diminishing returns
  • 28. Some concluding remarks
  • Appendix: an alternative presentation of Lowe's basic model Edward J. Nell
  • Glossary of recurring symbols
  • Name index
  • Subject index.

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