Transitional Dynamics and Economic Growth in Developing Countries - Thomas Steger
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Saadetis 12-18 tööpäeva jooksul
30-päevane tagastamisõigus
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 gro ... Täielik kirjeldus
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Kirjeldus
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.
Lisateave
| Autor | Thomas Steger |
|---|---|
| Kirjastaja | Springer Berlin Heidelberg |
| Series | Lecture Notes in Economics and Mathematical Systems |
| Väljalaskeaasta | 2000 |
| Kaanetüüp | Pehme kaanega |
| EAN | 9783540675631 |