Author: W. Arthur Lewis
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Author: David de la Croix
Publisher: Cambridge University Press
ISBN: 9780521001151
Category : Business & Economics
Languages : en
Pages : 400

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This book provides an in-depth treatment of the overlapping generations model in economics incorporating production.

Author: Oded Galor
Publisher: Princeton University Press
ISBN: 140083886X
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution

Author: Joseph E. Stiglitz
Publisher:
ISBN:
Category :
Languages : en
Pages : 497

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Author: Blair Fix
Publisher: Springer
ISBN: 3319128264
Category : Business & Economics
Languages : en
Pages : 129

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Book Description
Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.

Author: Simon Kuznets
Publisher: W W Norton & Company Incorporated
ISBN: 9780393004298
Category : Business & Economics
Languages : en
Pages : 122

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Book Description
The two essays in this volume can be termed essential building blocks for constructing a systematic approach toward a theory of economic growth. Drawing on his noted quantitative studies of modern economic growth, Professor Kuznets presents his views on the complex growth process and analyzes the implications of such specific factors as population, urbanization, industrialization, agriculture, and trade between nations. He discusses the relationship of social and political structure to economic processes, and how economic growth is affected by international relations as well as by the internal conditions of the society.

Author: R. Ramanathan
Publisher: Springer Science & Business Media
ISBN: 3642455417
Category : Business & Economics
Languages : en
Pages : 358

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Book Description
This book is an outgrowth of years of teaching and doing re search at the University of California, San Diego (UCSD), in the area of economic growth. Although there have been several books on this topic published in the last eight years, I have been dis satisfied with them for several reasons. First, books such as those by Wan, Burmeister and Dobell are uneven in their technical difficulty and, while they are excellent, are apparently difficult for first year graduate students and advanced undergraduates. Solow's expository book, on the other hand, is at the other ex treme. Furthermore, many of the books seem to be aimed at the authors' peers rather than the students. My primary objective in writing this book is to bridge this gap and to pitch, very appro priately I hope, at the level of a typical student enrolled in a beginning course in growth theory. Secondly, almost all the growth models in the literature can be recast in a single analyti cal framework. Although the various authors have not written so as to conform to any particular pattern, it -is the function of a textbook writer to identify such a pattern, if it exists, and pre sent the theory in that framework. Many authors make implicit as sumptions about their models which are either never specified or sometimes specified in footnotes.

Author: Graham Hacche
Publisher: Palgrave
ISBN: 9780333235713
Category : Economic development
Languages : en
Pages : 349

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Author: Joan Robinson
Publisher: Springer
ISBN: 1349006262
Category : Business & Economics
Languages : en
Pages : 150

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Author: James E. Meade
Publisher: Routledge
ISBN: 1136258957
Category : Business & Economics
Languages : en
Pages : 163

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Book Description
First published in 1960, this seminal work illuminates the interrelations of the various approaches to the theory of economic growth. Professor Meade seeks to understand the factors which determine the speed of economic growth and outlines the ways in which classical economic analysis may be developed for application to the problem of economic growth.