Download or read book Optimal Growth in a Two sector Model of Capital Accumulation written by Stanford University. Applied Mathematics and Statistics Laboratory and published by . This book was released on 1963 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On the Optimal Growth of the Two Sector Economy written by John Z. Drabicki and published by . This book was released on 1973 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Growth in a Two sector Model of Capital Accumulation written by Stanford University. Applied Mathematics and Statistics Laboratory and published by . This book was released on 1963 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book On a Two sector Model of Economic Growth written by Stanford University. Applied Mathematics and Statistics Laboratory and published by . This book was released on 1960 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth process in a two-sector model of capital accumulation and the stability problem of balanced growth equilibria under the neoclassical hypotheses was investigated. The competitive model of economic growth is formulated in terms of the aggregate production function which specifies the relationship between output and factors of production. Output is assumed to be composed of homogeneous quantities identical with capital, or at least price ratios between output and capital are assumed constant. The economy consists of two (over) types of goods, investment-goods and consumptiongoods, to be produced by two factors of production, capital and labor; prices of investment- goods and consumption-goods are determined so as to satisfy the demand requirement. It is assumed that capital never depreciates, the rate of growth in labor is constant and exogenously determined, capitalists' income is solely spent on investment-goods, that of laborers on consumptiongoods, and production is subject to the neoclassical conditions. Then a state of steady growth uniquely exists and the growth process, starting at an arbitrary capital and labor composition, approaches the steady growth, provided the consumption-goods sector is more capital-intensive than the investment-goods sector. An example of the two-sector growth model in which the steady growth process is not stable is presented. (Author).

Download or read book On Optimal Capital Accumulation in a Two Class Model of Economic Growth written by Sheng Cheng Hu and published by . This book was released on 1973 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Studies in the Theory of Optimum Economic Growth written by David Cass and published by . This book was released on 1965 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Uzawa Lucas Endogenous Growth Model written by Paolo Mattana and published by Routledge. This book was released on 2017-11-30 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.

Download or read book Economic Growth and Development written by Sibabrata Das and published by Springer. This book was released on 2015-01-12 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. This book is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. With its single model and focus on data and policy analysis, this text is intended for beginning graduate students and policy makers interested in economic development.

Download or read book Capital Fundamentalism Economic Development and Economic Growth written by Robert Graham King and published by World Bank Publications. This book was released on 1994 with total page 53 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should our research and policy advice be guided by a modern version of capital fundamentalism, in which capital and investment are viewed as the primary determinants of economic development and long- run growth? No. Capital accumulation seems to be part of the process of economic development, not its igniting source.

Download or read book On the Simple Two sector Model of Capital Accumulation with a Constant Technology written by E. M. Drandrakis and published by . This book was released on 1963 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Capital Accumulation in a Model of Growth and Creative Destruction written by Klaus Wälde and published by . This book was released on 2001 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Capital Theory and Dynamics written by Edwin Burmeister and published by CUP Archive. This book was released on 1980-11-28 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomorrow are identical, issues of capital formation and dynamic behaviour must always arise. Although the specialist literature is technically demanding, Professor Burmeister shows that its important results can be understood and their economic significance grasped by those who do not possess the "mathematical literacy" required to follow rigorous proofs. Even if future events are known with certainty, they still influence the current economic state. This is the pure role of time. That future events are not known with certainty adds another complexity. This book focuses mainly on the pure role of time.

Download or read book Optimal Accumulation and Trade in an Open Economy written by Harl E. Ryder and published by . This book was released on 1967 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimal Programme of Capital Accumulation in a Multi sector Economy written by Sukhamoy Chakravarty and published by . This book was released on 1964 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Growth written by Philippe Aghion and published by MIT Press. This book was released on 2024-09-17 with total page 519 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.

Download or read book Optimal growth in certain models of capital accumulation written by Dionysius Glycopantis and published by . This book was released on 1971 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Optimum Growth in an Aggregative Model of Capital Accumulation written by David Cass and published by . This book was released on 1966 with total page 18 pages. Available in PDF, EPUB and Kindle. Book excerpt: