Economic growth : a unified approach / Olivier de La Grandville ; with two special contributions by Robert M. Solow.
A fascinating introduction to the theory of economic growth that unifies the descriptive and normative strands of growth theory.
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Online Access: | Electronic book from EBSCO |
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Format: | eBook |
Language: | English |
Published: | Cambridge, UK ; New York : Cambridge University Press, 2009. |
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Table of Contents:
- pt. I. Positive Growth Theory
- 1. The welfare of society and economic growth
- 2. The growth process
- 3. A production function of central importance
- 4. The CES production function as a general mean
- 5. Capital-labour substitution and economic growth (in collaboration with Robert M. Solow)
- 6. The long-term growth rate as a random variable, with an application to the US economy
- pt. II. Optimal Growth Theory
- 7. Optimal growth theory: an introduction to the calculus of variations
- 8. Other major tools for optimal growth theory: the Pontryagin maximum principle and the Dorfmanian
- 9. First applications to optimal growth
- 10. Optimal growth and the optimal savings rate
- pt. III. A Unified Approach
- 11. Preliminaries: interest rates and capital valuation
- 12. From arbitrage to equilibrium
- 13. Optimal savings: a general approach
- 14. Problems in growth: common traits between planned economies and poor countries.