Author: Edward Fulton Denison
Publisher:
ISBN:
Category : Europe
Languages : en
Pages : 494

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Book Description

Author: Edward Fulton Denison
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 524

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Book Description
Analysis of economic growth in the USA and in Western Europe during the period from 1950 to 1962 - covers national income, production, income distribution, labour intensive production, hours of work, educational level and skills of labour force, capital intensive production, investments, natural resources, income in agriculture, supply and demand, consumption, trade, etc. OECD mentioned, statistical tables, and bibliography pp. 450 to 472.

Author: Edward F. Denison
Publisher:
ISBN:
Category :
Languages : en
Pages : 494

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Book Description

Author: Jan Fagerberg
Publisher:
ISBN:
Category : Macroeconomics
Languages : en
Pages : 31

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Author: Michael W. Bell
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 25

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Author:
Publisher:
ISBN: 9789524624428
Category :
Languages : en
Pages : 29

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Author: André Lorentz
Publisher:
ISBN:
Category :
Languages : en
Pages : 272

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Book Description
Understanding why growth rates differ among economies is an age-old issue in economics. The developments of the New Growth Theory brought this issue back at stake in the economic debate. The aim of our work is to provide an alternative analysis relying on both Post-Keynesian and Evolutionary approaches. The Kaldorian concept of cumulative causation provides the Evolutionary analysis with a more embracing macro-economic framework able to capture the macro-constraints affecting micro-dynamics, while the Evolutionary approach provides Kaldorians with a micro-founded analysis of the dynamics underlying the process of technological change. After this first introductive part, the second part of this work focuses on the analysis of increasing returns and productivity dynamics by relying on the use of the Kaldor-Verdoorn Law. We first, make use of empirical analysis to show that the law still holds. We then revert to an evolutionary micro-founded model of technical change to show that this Law emerges as an aggregated property of these micro dynamics. In the third part of the work, we translate the combination of the two streams of literature into macro simulation models. The models developed draw on evolutionary micro-foundations for technical change. These micro-dynamics are then integrated within macro-frames inspired by the cumulative causation models. Macro-dynamics rely on demand dynamics, affecting firms' ability to invest and therefore to mutate but being themselves subject to the micro-level productivity dynamics. The macro-components act on the micro-dynamics as macro-constraints. These macro-constraints are themselves directly affected by micro-dynamics. Our models therefore integrate to the evolutionary frame a set of feedback mechanisms from macro-to-micro but also from micro-to-macro.

Author: Jan Fagerberg
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Author: Edward Fulton DENISON
Publisher:
ISBN:
Category :
Languages : en
Pages : 494

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Book Description

Author: National Research Council
Publisher: National Academies Press
ISBN: 0309036410
Category : Political Science
Languages : en
Pages : 121

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Book Description
This book addresses nine relevant questions: Will population growth reduce the growth rate of per capita income because it reduces the per capita availability of exhaustible resources? How about for renewable resources? Will population growth aggravate degradation of the natural environment? Does more rapid growth reduce worker output and consumption? Do rapid growth and greater density lead to productivity gains through scale economies and thereby raise per capita income? Will rapid population growth reduce per capita levels of education and health? Will it increase inequality of income distribution? Is it an important source of labor problems and city population absorption? And, finally, do the economic effects of population growth justify government programs to reduce fertility that go beyond the provision of family planning services?