Transitional Dynamics and Economic Growth in Developing Countries

Name: Transitional Dynamics and Economic Growth in Developing Countries
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 9783540675631
Price: 1147 CZK
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Autor: Thomas Steger

Jazyk:

Vazba: Brožovaná

Vydavatel: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Dostupnost: Skladem u dodavatele

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Four stylised facts of aggregate economic growth are set up initially. The growth process is interpr...

Informace o knize

Autor

Thomas Steger

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2000

Stránek

151

EAN

9783540675631

ISBN

3540675639

Enbook ID

06810045

Vydavatel

Springer-Verlag Berlin and Heidelberg GmbH & Co. KG

Hmotnost

265

Rozměry

155 x 235 x 10

Kompletní popis

Four stylised facts of aggregate economic growth are set up initially. The growth process is interpreted to represent transitional dynamics rather than balanced-growth equilibria. Against this background, the fundamental importance of subsistence consumption is comprehensively analysed. Subsequently, the meaning of the productive-consumption hypothesis for the intertemporal consumption trade-off and the growth process is investigated. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables.

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Transitional Dynamics and Economic Growth in Developing Countries

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