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Item Details
Title: ECONOMIC GROWTH THEORY
CAPITAL, KNOWLEDGE AND ECONOMIC STRUCTURES
By: Wei Zhang
Format: Hardback

List price: £85.00


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ISBN 10: 0754645207
ISBN 13: 9780754645207
Publisher: ASHGATE PUBLISHING GROUP
Pub. date: 23 September, 2005
Edition: illustrated edition
Pages: 460
Description: Develops a theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, this book develops an analytical framework under the influence of traditional neoclassical growth theory.
Synopsis: This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.
Illustrations: 111 b&w illustrations
Publication: UK
Imprint: Ashgate Publishing Limited
Returns: Returnable
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