Economic growth and macroeconomic dynamics : recent developments in economic theory /

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...

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Bibliographic Details
Other Authors: Dowrick, Steve (Editor), Pitchford, Rohan (Editor), Turnovsky, Stephen J. (Editor)
Format: Electronic eBook
Language:English
Published: Cambridge : Cambridge University Press, 2004.
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Online Access:CONNECT
Table of Contents:
  • Growth and elasticity of factor substitution / John D. Pitchford
  • Relative wealth, catching up, and economic growth / Ngo Van Long and Koji Shimomura
  • Knowledge and development : a Schumpeterian approach / Phillipe Aghion, Cecelia García-Peñalosa, and Peter Howitt
  • Delinearizing the neoclassical convergence model / Steve Dorwick
  • Bifurcations in macroeconomic models / William A. Barnett and Yijun He
  • Dynamic trade creation / Eric O'N. Fisher and Neil Vousden
  • Substitutability of capital, investment costs, and foreign aid / Santanu Chatterjee and Stephan J. Turnovsky
  • Microchurning with smooth macro growth : two examples / Ronald W. Jones.