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The path of economic growth

By: Lowe, Adolph, 1893-
Title By: Pulrang, Stanford [Assisted by]
Material type: BookPublisher: Cambridge ; New York : Cambridge University Press, c1976.Description: xii, 336 p. : ill. ; 24 cm.ISBN: 9780521125338Subject(s): Economic development | Economic development -- Mathematical models | Industrialization | Industrialization -- Mathematical modelsDDC classification: 338/.001/84 Online resources: Location Map
Summary:
The writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.
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Item type Home library Call number Status Date due Barcode Item holds
REGULAR University of Wollongong in Dubai
Main Collection
338.00184 LO PA (Browse shelf) Available T0053752
Total holds: 0

Includes bibliographical references and indexes.

The writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.

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