The Theory of Economic Growth: a ‘Classical’ Perspective The Theory of Economic Growth: a ‘Classical’ Perspective Edited by Neri Salvadori University of Pisa‚ Italy Edward Elgar Cheltenham‚ UK • Northampton‚ MA‚ USA Contents Introduction by Neri Salvadori 1. Theories of economic growth: old and new Heinz D. Kurz and Neri Salvadori The structure of growth models: a comparative survey Antonio D’Agata and Giuseppe Freni Endogenous growth theory as a lakatosian case study Mario
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although puberty has been historically associated with the onset of adolescent development‚ it now typically begins prior to the teenage years and there have been a normative shift of it occurring in preadolescence‚ particularly in females. Physical growth‚ as distinct from puberty (particularly in males)‚ and cognitive development generally seen in adolescence‚ can also extend into the early twenties. Thus chronological age provides only a rough marker of adolescence‚ and scholars have found it difficult
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1.0 Introduction 2.0 Liberalization and the context of business strategy 2.1 What is liberalization? Liberalization refers to the relaxing of rules and regulations or policies of a government in a country. According to the scenario‚ in 1991‚ the Indian economy has been opened as a result of liberalization. 2.1.1 How did it affect the Indian automobile industry? The Indian government continued to have a closed economy until 1991. By then
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TELECOMMUNICATIONS INFRASTRUCTURE AND ECONOMIC GROWTH: EVIDENCE FROM NIGERIA BY Sheriffdeen A. TELLA‚ Ph.D Department of Economics‚ Faculty of Management Science‚ Olabisi Onabanjo University‚ PMB 2002‚ Ago-Iwoye Ogun State‚ Nigeria satellang@yahoo.com and Lloyd Ahamefule AMAGHIONYEODIWE‚ Ph.D* Department of Economics Faculty of the Social sciences University of the West Indies‚ Mona Kingston 7‚ Jamaica. lamaghionyeodiwe@yahoo.co.uk and Bolaji Adesola ADESOYE Department of Economics‚ Faculty of
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encouraging for the people of developing countries longing for industrial development. This‚ however‚ is just the beginning of the accumulation of knowledge necessary for providing a scientific foundation for the prescription and implementation of a strategy for industrial development. Considerable further research on industrial policy is clearly warranted. This paper reports a case study of a successful industrial policy which was proclaimed and enacted by the government of Bangladesh three decades
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A Review of The Limits to Growth The Limits to Growth: a Report for the Club of Rome ’s Project on the Predicament of Mankind was published in 1972 predicting the future of exponential growth of economy and population in a finite world. Since 1972‚ more than 10 million copies in 37 languages have been sold by now (Gambino‚ 2011). This ambitious book is written by MIT researchers for Club of Rome which is an international think tank. The authors created a global computer model‚ Wolrd3‚ to simulate
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elsevier.nl / locate / econbase Fiscal policy and growth: evidence from OECD countries Richard Kneller a ‚ Michael F. Bleaney b ‚ *‚ Norman Gemmell b a b National Institute for Economic and Social Research‚ London‚ UK School of Economics‚ University of Nottingham‚ Nottingham‚ UK Received 1 October 1998; received in revised form 1 December 1998; accepted 1 December 1998 Abstract Is the evidence consistent with the predictions of endogenous growth models that the structure of taxation and public
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Population Growth The effects of population growth on economic development differ between the developed and developing countries. In the developed countries‚ population growth has enhanced the growth of such economies because they are wealthy‚ have abundant capital and scarcity of labour. O n the contrary the consequences of rapid population growth on the development of LDCs are not the same. Most developing countries are poor‚ capital scarce and labour abundant; and therefore population growth aversely
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Recall that in the Harrod-Domar‚ Kaldor-Robinson‚ Solow-Swan and the Cass-Koopmans growth models‚ we have maintained‚ either explicitly or implicitly‚ that technical change is "exogenous". In the Schumpeter version‚ this was not true: we had "swarms" of inventors arising under particular conditions. The Smithian and Ricardian models also had technical change arising from profit-squeezes or‚ in the particular case of Smith‚ arising because of previous technical conditions. Allyn A. Young (1928)
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%-6% growth seen next year Private sector takes over as growth driver THE Malaysian economy is projected to grow by between 5% and 6% in 2011‚ spurred by domestic demand as the private sector takes over as the driver of growth. Private investment activity‚ which turned positive in 2010‚ is envisaged to contribute significantly to economic growth. The idea of the private sector leading growth stems from the start of 52 private finance initiatives (PFI) over the 10th Malaysia Plan (10MP) period
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