Economic Growth Theory: Capital, Knowledge, and Economic Stuctures, 1st Edition (Hardback) book cover

Economic Growth Theory

Capital, Knowledge, and Economic Stuctures, 1st Edition

By Wei-Bin Zhang

Routledge

482 pages

Purchasing Options:$ = USD
Paperback: 9781138619517
pub: 2018-09-18
SAVE ~$9.79
$48.95
$39.16
x
Hardback: 9780815388685
pub: 2017-12-21
SAVE ~$31.00
$155.00
$124.00
x
eBook (VitalSource) : 9781351159449
pub: 2018-01-18
from $24.48


FREE Standard Shipping!

Description

This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.

Table of Contents

Contents: Economic growth and growth theory; The One-Sector Growth (OSG) Model; Traditional growth theories and the OSG model; Some extensions of the OSG model; Income distribution and growth; Structural changes and development; Growth, unemployment, and welfare; Learning by doing, education and learning by leisure; Research and learning by doing; New growth theories and monopolistic competition; Complexity of economic growth; Bibliography; Index.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory