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Transitional Dynamics and Economic Growth in Developing Countries - Thomas Steger

inglise keel
2000-08-04
55,43 € 92,38 €

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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
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Te vaatate: Transitional Dynamics and Economic Growth in Developing Countries
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55,43 € 92,38 €