The Uzawa Lucas Endogenous Growth Model
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The Uzawa Lucas Endogenous Growth Model
Author | : Paolo Mattana |
Publsiher | : Routledge |
Total Pages | : 181 |
Release | : 2017-11-30 |
Genre | : Business & Economics |
ISBN | : 9781351144957 |
Download The Uzawa Lucas Endogenous Growth Model Book in PDF, Epub and Kindle
Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.
The Forces of Economic Growth
Author | : Alfred Greiner,Willi Semmler,Gang Gong |
Publsiher | : Princeton University Press |
Total Pages | : 208 |
Release | : 2016-06-28 |
Genre | : Business & Economics |
ISBN | : 9781400880157 |
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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 the models empirically with modern time series methods that avoid the perils of heterogeneity in cross-country studies. Their empirical analyses, undertaken with newly constructed time series data for the United States and some core countries of the Euro zone, show that models containing scale effects, such as the R&D model and the human capital model, are compatible with time series evidence only after considerable modifications and nonlinearities are introduced. They also explore the relationship between growth and inequality, with particular focus on technological change and income disparity. The Forces of Economic Growth represents a comprehensive and up-to-date empirical time series perspective on the New Growth Theory.
Transitional Dynamics in the Uzawa Lucas Model of Endogenous Growth
Author | : Dirk Bethmann,Markus Reiß |
Publsiher | : Unknown |
Total Pages | : 135 |
Release | : 2003 |
Genre | : Electronic Book |
ISBN | : OCLC:1155555426 |
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Lectures on Economic Growth
Author | : Robert E. Lucas |
Publsiher | : Harvard University Press |
Total Pages | : 220 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 0674016017 |
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In this book, Robert Lucas brings together several of his seminal papers on the subject, together with the Kuznets Lectures that he gave at Yale University, to present a coherent view of economic growth."--BOOK JACKET.
Perpetual Growth in an Aggregative Model with Endogenous Human Capital Accumulation
Author | : Công Nghê Truong,Binh Tran-Nam |
Publsiher | : Unknown |
Total Pages | : 54 |
Release | : 1995 |
Genre | : Economic development |
ISBN | : IND:30000112265321 |
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The Uzawa Lucas Endogenous Growth Model
Author | : Paolo Mattana |
Publsiher | : Routledge |
Total Pages | : 183 |
Release | : 2017-11-30 |
Genre | : Business & Economics |
ISBN | : 9781351144940 |
Download The Uzawa Lucas Endogenous Growth Model Book in PDF, Epub and Kindle
Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.
Economic Growth and Environmental Policy
Author | : Frank Hettich |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 296 |
Release | : 2000-01-01 |
Genre | : Political Science |
ISBN | : 1781959994 |
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This book should interest all students and scholars of environmental economics and particularly those interested in the relationship between economic growth and environmental quality.
Growth Theory and Sustainable Development
Author | : Lucas Bretschger |
Publsiher | : Edward Elgar Publishing |
Total Pages | : 272 |
Release | : 1999 |
Genre | : Business & Economics |
ISBN | : STANFORD:36105023638336 |
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This textbook shows that endogenous growth theory provides a powerful framework for the analysis of sustainable development. It illustrates how the new theory can be used to bring diverse social, institutional and environmental factors back into mainstream economics.