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:

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 Perpetual Growth in an Aggregative Model with Endogenous Human Capital Accumulation written by Công Nghê Truong and published by . This book was released on 1995 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Perpetual Growth in an Aggregative Model with Endogenous Capital Accumulation written by Công Nghê Truong and published by . This book was released on 1995 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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 Nonlinear Dynamics in Equilibrium Models written by John Stachurski and published by Springer Science & Business Media. This book was released on 2012-01-25 with total page 454 pages. Available in PDF, EPUB and Kindle. Book excerpt: Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.

Download or read book Human Capital and Economic Growth written by Andreas Savvides and published by Stanford University Press. This book was released on 2008-10-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an in-depth investigation of the link between human capital and economic growth. The authors take an innovative approach, examining the determinants of economic growth through a historical overview of the concept of human capital. The text fosters a deep understanding of the connection between human capital and economic growth through the exploration of different theoretical approaches, a review of the literature, and the application of nonlinear estimation techniques to a comprehensive data set. The authors discuss nonparametric econometric techniques and their application to estimating nonlinearities—which has emerged as one of the most salient features of empirical work in modeling the human capital-growth relationship, and the process of economic growth in general. By delving into the topic from theoretical and empirical standpoints, this book offers an insightful new view that will be extremely useful for scholars, students, and policy makers.

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 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 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 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 Investment R D and Long Run Growth written by Dietmar Hornung and published by Springer Science & Business Media. This book was released on 2013-06-29 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1990s, growth theory has incorporated imperfect competition in its investigations. This innovation has proven to be seminal: Cleviating from growth models with perfect competition, the new framework featured forward looking entrepreneurs. Firms maximize profits intertemporarily, i. e. their in vestment leads to instantaneous sunk costs and offers flows of future profits. Firms finance this investment by launching shares. The capital market is per fectly competitive, implying that the return on a share is equal to the return on a bond. As opposed to the capital market, the goods market is imperfectly competitive. As a result of investment, firms enjoy market power. That is, firms may acquire the capability to provide a product that is differentiated in, e. g. , styling, technology, accessibility, or reputation. The launch of a dif ferentiated product allows to capture a market niche, and successful firms may price above marginal cost. The resulting profit flows are channelled to the firms' shareholders. The introduction of monopolistic competition into growth theory is valuable: real world economies may be portrayed rather by such an imperfect competition framework than by a perfect competition approach. Starting with Romer (1990), in growth theory, modeling of imperfect competition has been notoriously bound to a focus on the impact of research and development (R&D) on economic growth. In the existing literature, growth-affecting investment is restricted to R&D investment.

Download or read book Modern Growth Theory written by Dipankar Dasgupta and published by Oxford University Press. This book was released on 2010-10-18 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book deals with Growth Theory, an important subject taught as a part of economic theory. Amongst other topics, it introduces the literature on growth and inequality as well as a major critique of growth economics by Charles Jones. These issues remained unaddressed in an earlier volume by the author, Growth Theory: Solow and His Modern Exponents (OUP 2005). Developed on the earlier work, the present volume focuses on: long run growth growth and infrastructure taxation policies for growth human capital formation a unified theoretical framework to help students travel from the world of old growth theory to modern growth theory intuitive as well as rigorous development of optimal control theory using undergraduate mathematical tools analysis of India's long term growth experience. For an interactive platform on updates and queries on the book and clarifications by the author, please visit the Discussion Forum: Modern Growth Theory, OUP, 2010 at this URL http:--economicsteaching.wordpress.com-2010-10-28-modern-growth-theory-

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 Economic Growth and Development written by Olivier La Grandville and published by Emerald Group Publishing. This book was released on 2011-12-12 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the very beginnings of economics as a science, which might be dated from Ibn Khaldun's "Introduction to History" (1377), the challenge of making societies escape from poverty and attain some degree of prosperity has always been, and can remain, a fundamental issue. This book presents research on each of these issues.

Download or read book The Collected Scientific Work of David Cass written by David Cass and published by Emerald Group Publishing. This book was released on 2011-01-26 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Consists of David Cass' early work from his time in graduate school at Stanford University, studying under Hirofumi Uzawa, and as an assistant professor at Yale's Cowles Commission, and his tenure at Carnegie Mellon University's Graduate School of Industrial Administration.

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).