Author: Xavier Sala-i-Martin
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 64
Book Description
This paper explores the five simplest models of endogenous growth. We start with the AK model (Rebelo (1990)) and argue that all endogenous growth models can be viewed as variations or microfoundations of it. We then examine the Barro (1990) model of government spending and growth. Next we look at the Arrow-Sheshinskj-Romer model of learning by doing and externalities. The Lucas (1988) model of human capital accumulation is then considered. Finally, we present a simple model of R & D and growth.
Endogenous Growth, Market Failures and Economic Policy
Author: Martin Zagler
Publisher: Springer
ISBN: 1349271292
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.
Publisher: Springer
ISBN: 1349271292
Category : Business & Economics
Languages : en
Pages : 208
Book Description
Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.
Lecture Notes on Economic Growth (II)
Author: Xavier Sala-i-Martin
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 58
Book Description
This paper explores the five simplest models of endogenous growth. We start with the AK model (Rebelo (1990)) and argue that all endogenous growth models can be viewed as variations or microfoundations of it. We then examine the Barro (1990) model of government spending and growth. Next we look at the Arrow-Sheshinskj-Romer model of learning by doing and externalities. The Lucas (1988) model of human capital accumulation is then considered. Finally, we present a simple model of R & D and growth.
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 58
Book Description
This paper explores the five simplest models of endogenous growth. We start with the AK model (Rebelo (1990)) and argue that all endogenous growth models can be viewed as variations or microfoundations of it. We then examine the Barro (1990) model of government spending and growth. Next we look at the Arrow-Sheshinskj-Romer model of learning by doing and externalities. The Lucas (1988) model of human capital accumulation is then considered. Finally, we present a simple model of R & D and growth.
Economic Growth and Environmental Policy
Author: Frank Hettich
Publisher: Edward Elgar Publishing
ISBN: 9781781959992
Category : Political Science
Languages : en
Pages : 296
Book Description
This book should interest all students and scholars of environmental economics and particularly those interested in the relationship between economic growth and environmental quality.
Publisher: Edward Elgar Publishing
ISBN: 9781781959992
Category : Political Science
Languages : en
Pages : 296
Book Description
This book should interest all students and scholars of environmental economics and particularly those interested in the relationship between economic growth and environmental quality.
Quantitative Aspects of Post-War European Economic Growth
Author: Bart van Ark
Publisher: Cambridge University Press
ISBN: 9780521032933
Category : Business & Economics
Languages : en
Pages : 472
Book Description
A quantitative account of European growth since 1950 which combines historical and economic expertise.
Publisher: Cambridge University Press
ISBN: 9780521032933
Category : Business & Economics
Languages : en
Pages : 472
Book Description
A quantitative account of European growth since 1950 which combines historical and economic expertise.
Classical Economics and Modern Theory
Author: Heinz D. Kurz
Publisher: Routledge
ISBN: 113420227X
Category : Business & Economics
Languages : en
Pages : 351
Book Description
The well known economists Kurz and Salvadori cover original findings and new vistas on old problems including alternative interpretations of classical economics, new groth theory, Sraffian theory and Von Neumann and the treatment of capital.
Publisher: Routledge
ISBN: 113420227X
Category : Business & Economics
Languages : en
Pages : 351
Book Description
The well known economists Kurz and Salvadori cover original findings and new vistas on old problems including alternative interpretations of classical economics, new groth theory, Sraffian theory and Von Neumann and the treatment of capital.
The Economic and Budget Outlook
Entrepreneurship and Economic Transition in Central Europe
Author: Jean-Paul Larçon
Publisher: Springer Science & Business Media
ISBN: 9780792382799
Category : Business & Economics
Languages : en
Pages : 248
Book Description
Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.
Publisher: Springer Science & Business Media
ISBN: 9780792382799
Category : Business & Economics
Languages : en
Pages : 248
Book Description
Since the fall of the Berlin Wall in 1989, Central European economies have been moving rapidly toward a common set of goals: political democracy, market-oriented economies and integration into the European and international business community. For businesses, Central Europe offers a unique window of opportunity and, in particular, two comparative advantages: a low-cost qualified workforce and stronger growth rates than mature Western European economies. This opportunity, seized by local entrepreneurs and foreign enterprises alike, is a significant competitive threat to companies not present in the region, or who have not found alternative strategies for increased growth and competitiveness. This book addresses economic transitions in Central Europe and analyzes the problems of Central European integration in the European Union.
Economic Policy in a Demographically Divided World
Author: Hendrik P. van Dalen
Publisher: Springer Science & Business Media
ISBN: 3642770371
Category : Political Science
Languages : en
Pages : 364
Book Description
Economic Policy in a Demographically Divided World contains the economic analysis of the consequences of demographic change and the diverging population developments in an interdependent world economy in particular. The global divergence in demographic developments gives rise to a myriadof economic and ethical problems. This topic is treated with the help of themathematical apparatus of neoclassical optimal growth models. The author tries to disentangle the basic policy issues of a demographically divided world, such as a selective immigration policy, sustainable patterns of international lending and borrowing, development aid, and dynamic optimal taxation. The most important feature of the book is that it brings together information and theories of fairly recent date to analyse a practical policy problem, viz. issues related to a world economy that is characterised by a demographic division. This stylised fact is hardly given some attention in current economic theory and the book contains with respect to this stylised fact some new results. Customers might benefit from the book by gaining intuition concerning principles of economic policy in a world characterised by demographic change.
Publisher: Springer Science & Business Media
ISBN: 3642770371
Category : Political Science
Languages : en
Pages : 364
Book Description
Economic Policy in a Demographically Divided World contains the economic analysis of the consequences of demographic change and the diverging population developments in an interdependent world economy in particular. The global divergence in demographic developments gives rise to a myriadof economic and ethical problems. This topic is treated with the help of themathematical apparatus of neoclassical optimal growth models. The author tries to disentangle the basic policy issues of a demographically divided world, such as a selective immigration policy, sustainable patterns of international lending and borrowing, development aid, and dynamic optimal taxation. The most important feature of the book is that it brings together information and theories of fairly recent date to analyse a practical policy problem, viz. issues related to a world economy that is characterised by a demographic division. This stylised fact is hardly given some attention in current economic theory and the book contains with respect to this stylised fact some new results. Customers might benefit from the book by gaining intuition concerning principles of economic policy in a world characterised by demographic change.
Saving and Endogenous Growth
Author: Willem H. Buiter
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 72
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 72
Book Description
Capital Formation in Belgium, 1900-1995
Author: Michelangelo van Meerten
Publisher: Leuven University Press
ISBN: 9789058672551
Category : Business & Economics
Languages : en
Pages : 420
Book Description
Based on the analysis of more than 35,000 company balance sheets, annual series of gross private investment have been constructed for 15 different sectors in Belgium between 1900 and 1995. The resulting data clearly show that the level of gross investment in the Belgian economy, expressed as a percentage of national income, was generally much lower than during the post world war two period. An international comparison demonstrates that Belgium usually invested far less than its major competitors. Moreover, the traditional coal and metal industries benefitted most of the investment effort instead of newer sectors like the chemical industry. Thus the present study contributes to explaining for the relatively poor growth performances of the Belgian economy prior to the 1960s.
Publisher: Leuven University Press
ISBN: 9789058672551
Category : Business & Economics
Languages : en
Pages : 420
Book Description
Based on the analysis of more than 35,000 company balance sheets, annual series of gross private investment have been constructed for 15 different sectors in Belgium between 1900 and 1995. The resulting data clearly show that the level of gross investment in the Belgian economy, expressed as a percentage of national income, was generally much lower than during the post world war two period. An international comparison demonstrates that Belgium usually invested far less than its major competitors. Moreover, the traditional coal and metal industries benefitted most of the investment effort instead of newer sectors like the chemical industry. Thus the present study contributes to explaining for the relatively poor growth performances of the Belgian economy prior to the 1960s.