Economic Growth Theory

Capital, Knowledge, and Economic Stuctures

Business & Finance, Economics, Theory of Economics
Cover of the book Economic Growth Theory by Wei-Bin Zhang, Taylor and Francis
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Author: Wei-Bin Zhang ISBN: 9781351159425
Publisher: Taylor and Francis Publication: January 18, 2018
Imprint: Routledge Language: English
Author: Wei-Bin Zhang
ISBN: 9781351159425
Publisher: Taylor and Francis
Publication: January 18, 2018
Imprint: Routledge
Language: English

This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This book develops a new theoretical framework to examine the issues of economic growth and development. Providing analysis of economic dynamics in a competitive economy under government intervention in infrastructure and income distribution, the book develops a unique analytical framework under the influence of traditional neoclassical growth theory. However, in a departure from neoclassical growth theory it examines both the Solow-Swan and the Ramsey growth models, introducing a utility function which treats consumer choices in ways critically different to previous approaches. Using practical examples and models the book demonstrates how this new direction can effectively analyze the key issues of economic growth, in a compact and comprehensive manner.

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