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The Forces of Economic Growth: A Time Series Perspective
Alfred Greiner
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Description for The Forces of Economic Growth: A Time Series Perspective
Hardback.
In economics, the emergence of New Growth Theory in recent decades has directed attention to an old and important problem: what are the forces of economic growth and how can public policy enhance them? This book examines major forces of growth--including spillover effects and externalities, education and formation of human capital, knowledge creation through deliberate research efforts, and public infrastructure investment. Unique in emphasizing the importance of different forces for particular stages of development, it offers wide-ranging policy implications in the process. The authors critically examine recently developed endogenous growth models, study the dynamic implications of modified models, and test ... Read more
In economics, the emergence of New Growth Theory in recent decades has directed attention to an old and important problem: what are the forces of economic growth and how can public policy enhance them? This book examines major forces of growth--including spillover effects and externalities, education and formation of human capital, knowledge creation through deliberate research efforts, and public infrastructure investment. Unique in emphasizing the importance of different forces for particular stages of development, it offers wide-ranging policy implications in the process. The authors critically examine recently developed endogenous growth models, study the dynamic implications of modified models, and test ... Read more
Product Details
Publisher
Princeton University Press United States
Number of pages
208
Format
Hardback
Publication date
2005
Condition
New
Number of Pages
208
Place of Publication
New Jersey, United States
ISBN
9780691119182
SKU
V9780691119182
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-1
About Alfred Greiner
Alfred Greiner is Professor of Economics at Bielefeld University, in Bielefeld, Germany. Willi Semmler is Professor of Economics at New School University and at the Center for Empirical Economics at Bielefeld University. He is the author of "Asset Prices, Booms, and Recessions," coauthor of "Disequilibrium, Growth, and Labor Market Dynamics" and coeditor of the series "Dynamic Modelling and Econometrics in ... Read more
Reviews for The Forces of Economic Growth: A Time Series Perspective
"This original work marks a significant contribution to endogenous growth theory for several reasons. Not only does it provide a unified framework within which much of the recent literature can be compared and contrasted, but it extends some of the existing models in interesting and worthwhile ways. Further, it offers a nice balance of theoretical analysis and empirical valuation of ... Read more