Structural dynamics and economic growth

by Arena, R., (Richard) Porta, Pier Luigi

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Title Statements

Full title :Structural dynamics and economic growth / edited by Richard Arena, Pier Luigi Porta.

Summary

"Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The mainstream neo-classical models of growth that have largely dominated modern growth theory are based around assumptions of diminishing returns on extra capital with technological innovation and appropriate institutions being seen as key to economic growth. An alternative model of economic growth emerged from the Cambridge school of Keynesian economists in the 1950s and 1960s. This model emphasizes the importance of demand and the dynamics of the growth of industrial systems. The scholar most associated with this approach to economic growth is Luigi Pasinetti whose book Structural Change and Economic Growth (Cambridge University Press, 1981) has been hugely influential to a generation of post-Keynesian economists. This collection evaluates the achievements of Pasinetti's structural dynamics, with contributions from both post-Keynesian economists, including Pasinetti, and from some distinguished and critical neo-classical economists, including Nobel laureate Robert Solow"--

Edition Statements

Publication Date:2011.

Publication Statements

Publisher(s):Cambridge University Press
Place of Publication:Cambridge
Language:eng
Publication Date:2011.

The Physical Object

Description:xii, 296 pages ; : 24 cm

Edition Identifiers

ISBN:9781107015968, 1107015960
oclc:ocn728840647
LC Classification:HD82
Dewey Decimal:338.9

Subjects

BUSINESS & ECONOMICS -- Economics Développement durable Développement économique economic development Keynessche Theorie Nachhaltigkeit Pasinetti, Luigi L. Political and social views Strukturwandel sustainable development Wirtschaftswachstum