The economic surplus : theory, measurement, applications
Author(s)
Bibliographic Information
The economic surplus : theory, measurement, applications
Praeger, 1994
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Note
Includes bibliographical references (p. [137]-145) and index
Description and Table of Contents
Description
This work provides a consistent and empirically meaningful definition of surplus and suggests an analytical framework for studying economic growth and stagnation using that concept. The book also presents a case study of the role of surplus in economic growth. In the first part of the work, a method is developed emphasizing the links to classical economic theory and the logical flaws of the earlier works. The second part examines the role of surplus in one country, and tests the classical hypotheses about growth in the long run and in a cross-section of countries.
Table of Contents
Introduction Surplus and Economic Development: An Introduction Theory and Measurement The Role of Surplus in Classical Political Economy Making Surplus Visible: A National Accounts Approach Accumulation and the Agricultural Surplus An Application: Jamaica under Manley Size and Distribution of the Surplus Mechanisms of Stagnation The Role of Interest Groups Concluding Observations Is Surplus Obsolete? References Index
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