Hidden Bibliographic Details
| Other authors / contributors: | Dowrick, Steve.
Pitchford, Rohan.
Turnovsky, Stephen J.
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| ISBN: | 0511194005
9780511194009
0521835615
9780521835619
0511196059
9780511196058
0511195397
9780511195396
9780511606618
0511606613
9786610477975
6610477973
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| Digital file characteristics: | data file
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| Notes: | Includes bibliographical references and index.
Print version record.
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| Summary: | The development of the endogenous growth model rekindled interest in growth theory. In contrast to the neo-classical model, long-run endogenous growth emerged as an equilibrium outcome, reflecting the behaviour of optimizing agents in the economy. This book brings together a number of contributions in growth theory and macroeconomic dynamics, reflecting these developments and the ongoing debate over the relative merits of neo-classical and endogenous growth models. It focuses on the emergence of three important aspects: First, it develops growth models that extend the underlying theory in different directions. Second, it addresses one of the concerns of the literature on growth and dynamics: the statistical properties of underlying data and the effort to ensure that growth models are consistent with empirical evidence. Third, it discusses the increasingly international focus of macrodynamics and growth theory, an inevitable consequence of the integration of the world economy.
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| Other form: | Print version: Economic growth and macroeconomic dynamics. Cambridge, U.K. ; New York, NY : Cambridge University Press, 2004
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| Standard no.: | 9780521835619
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