Economic growth and macroeconomic dynamics : recent developments in economic theory
Author(s)
Bibliographic Information
Economic growth and macroeconomic dynamics : recent developments in economic theory
Cambridge University Press, 2004
- : hbk
- : pbk
Available at 62 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
Note
Includes bibliographical references and index
Description and Table of Contents
Description
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.
Table of Contents
- Preface
- Contributors
- Part I. Topics in Growth Theory: 1. Growth and the elasticity of factor substitution John D. Pitchford
- 2. Relative wealth, catching up and economic growth Ngo Van Long and Koji Shimomura
- 3. Knowledge and development: a Schumpeterian approach Philippe Aghion, Cecilia Garcia-Penalosa and Peter Howitt
- Part II. Statistical Issues in Growth and Dynamics: 4. Delinearizing the neoclassical convergence model Steve Dowrick
- 5. Bifurcations in macroeconomic models William A. Barnett and Yijun He
- Part III. Dynamic Issues in International Economics: 6. Dynamic trade creation Eric O'N. Fisher and Neil Vousden
- 7. Substitutability of capital, investment costs, and foreign aid Santanu Chatterjee and Stephen J. Turnovsky
- 8. Microchurning with smooth macro growth: two examples Ronald W. Jones
- Index.
by "Nielsen BookData"