| Description |
xv, 281 pages : illustrations ; 24 cm |
| Contents |
Machine derived contents note: Preface; 1. Introduction; Part I. A Multi-Sector Model of Economic Growth: 2. Production in the short run; 3. The simplest case of economic expansion - population growth with constant returns to scale; 4. Technical change and the dynamics of demand; 5. A general multi-sector dynamic model; 6. The empirical significance of vertically integrated analysis; Part II. Economic Dynamics Theory: 7. The 'natural' features of a growing economic system; 8. The 'natural' rate of interest; 9. The accumulation of capital and related problems; 10. The structural dynamics of a growing economic system; 11. International economic relations; Index |
| Summary |
This book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system with a growing population and different rates of technical progress in different sectors. The conditions for full employment and full capacity utilisation are examined when prices are stable and when there is inflation. The entirely new approach is carried out, not in terms of input-output relations, as has become customary in multisector models, but rather in terms as vertically integrated sectors. Theis makes it possible to analyse the economic growth process in terms of the structural dymanics of production, of prices and of employment |
| Analysis |
Economic development Mathematical models |
|
Statics and dynamics (Social sciences) |
|
Economics Theories |
| Notes |
Includes index |
| Bibliography |
Includes bibliographical references |
| Subject |
Economic development -- Mathematical models.
|
|
Statics and dynamics (Social sciences)
|
| LC no. |
80041496 |
| ISBN |
052123607X |
|
0521274109 |
|
