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endogenous growth theory

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Journal Article
History of Political Economy (2009) 41 (Suppl_1): 304–314.
Published: 01 December 2009
...William J. Baumol Endogenous growth theory has made many valuable contributions, perhaps most notably in providing the tools that permit more effective empirical investigation of the growth process. Its one shortcoming, which is stressed here, is its inability to live up to its name, for where it...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 285–303.
Published: 01 December 2009
... policy implications) from modern endogenous growth theory. Copyright 2009 by Duke University Press 2009 Solow model aggregate production function Allyn Young endogenous growth theory macroeconomic increasing returns JEL classifications: B22, B31, O30, O40, O47 Ades, Alberto F...
Journal Article
History of Political Economy (2015) 47 (3): 449–479.
Published: 01 September 2015
...Matthieu Ballandonne Kenneth J. Arrow's 1962 article “The Economic Implications of Learning by Doing” is considered a seminal contribution to endogenous growth theory. However, no history of its origins has been written yet. We aim to fill this gap by studying the genesis of Arrow's article...
Journal Article
History of Political Economy (1997) 29 (3): 413–443.
Published: 01 September 1997
... for the World Bank. Young , Allyn A. 1928 . Increasing Returns and Economic Progress. Economic Journal? 38 : 527 -42. Young , Allyn A. . 1929 . LSE Lectures. In Sandilands 1990b. Implications of an Endogenous Theory of Growth in Allyn Young’s Macroeconomic Concept of...
Journal Article
History of Political Economy (1994) 26 (4): 649–663.
Published: 01 November 1994
... Duke University Press 1994 References Bloomfield , Arthur . 1975 . Adam Smith and the Theory of International Trade. In Essays on Adam Smith . Edited by A. Skinner and T. Wilson. Oxford: Clarendon. Brewer , Anthony . 1991 . Economic Growth and Technical Change: John Rae's Critique...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 182–199.
Published: 01 December 2009
.... 1999 . Endogenous Growth Theory . Cambridge: MIT Press. Allais, Maurice. 1947 . Économie et intérêt . Paris: Imprimerie Nationale. Barro, Robert. 1996 . Inflation and Growth. Federal Reserve Bank of St. Louis Review 78.3 : 153 –69. Breit, William, and Roger W. Spencer, eds. 1990...
Journal Article
History of Political Economy (1992) 24 (3): 760–762.
Published: 01 September 1992
...: A General Equilibrium Theory of Distribution and Growth. By Michio Morishima. Cambridge: Cambridge University Press, 1989. viii, 254 pp. $39.50. Classical Economic Growth: An Analysis in the Tradition of Adam Smith. By Gavin C. Reid. Oxford: Basil Blackwell, 1989. xiv, 210 pp. $45.00...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 27–34.
Published: 01 December 2009
...Robert M. Solow Copyright 2009 by Duke University Press 2009 Does Growth Have a Future? Does Growth Theory Have a Future? Are These Questions Related? Robert M. Solow I do intend to provide answers, at least my answers, to the questions that make up the title of this talk. Before...
Journal Article
History of Political Economy (1983) 15 (1): 139–141.
Published: 01 March 1983
... fundamental part of Ricardo’s theory” (P. 119). In mathematical formulations of the Ricardian model the growth rate of labor should adapt endogenously to that of capital, and not be imposed as one of the equilibrium condition But C-T would then have to abandon the assumption that the...
Journal Article
History of Political Economy (2019) 51 (5): 867–900.
Published: 01 October 2019
... Economic Studies 23 ( 2 ): 83 – 100 . Kaldor Nicholas . 1957 . “ A Model of Economic Growth .” Economic Journal 67 ( 268 ): 591 – 624 . Kaldor Nicholas . 1966 . “ Marginal Productivity and the Macro-Economic Theories of Distribution: Comment on Samuelson and Modigliani...
Journal Article
History of Political Economy (1979) 11 (1): 30–63.
Published: 01 March 1979
.... N. Agarwala and S. P. Singh, eds., The Economics of Underdevelopment (London, 1963 ), p. 245 -55. Schelling , T. C. “Capital Growth and Equilibrium.” American Economic Review , Dec. 1947 , p. 864 -76. Scherer , F. M. Industrial Pricing: Theory and Evidence . Chicago, 1970...
Journal Article
History of Political Economy (2020) 52 (5): 863–894.
Published: 01 October 2020
...Matheus Assaf; Pedro Garcia Duarte The present-day standard textbook narrative on the history of growth theory usually takes Robert Solow’s 1956 contribution as a key starting point, which was extended by David Cass and Tjalling Koopmans in 1965 by introducing an intertemporal maximization problem...
Journal Article
History of Political Economy (2000) 32 (Suppl_1): 145–176.
Published: 01 December 2000
... competition. Dif- fusion of technology models provided results similar to the ones pre- sented by the Solow-Swan model. The key element that underlies New Growth theories is the global absence of diminishing returns to capital. 154 Flavio Comim This family of models is also known as endogenous growth...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 88–106.
Published: 01 December 2009
... other words, while Harrod was evolving toward the theory of growth that we attribute to him, his earlier analysis contributed substantially to shaping the research agenda of the nonlinear endogenous approach to business cycle and other oscillations, the program whose fully blown version we may...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 334–355.
Published: 01 December 2009
...Tiago Mata; Francisco Louçã Robert Solow's “Technical Change and the Aggregate Production Function” (1957) has had an enduring influence on macroeconomics. In this article, we examine the history of fluctuations in growth theory through the story of the “Solow residual” as a “black box.” We show...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 221–240.
Published: 01 December 2009
... from growth theory to development economics. In the last two decades, augmented Solow models, endogenous growth models, and exercises in development accounting have proliferated. Nevertheless, it is argued, the formalization of development economics and the post-1980 dominance of neoclassical...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 315–333.
Published: 01 December 2009
... to those growth determinants in which they were interested. The seriousness with which the neoclassical growth model was taken as the basis for econometric work profoundly changed with the emer- gence of endogenous growth theory. Within the new growth economics, the neoclassical model...
Journal Article
History of Political Economy (2014) 46 (suppl_1): 198–228.
Published: 01 December 2014
... P. 1971 . Economic Growth and Development: A Mathematical Introduction . New York : John Wiley and Sons . Nordhaus W. D. 1967a . “ The Optimal Rate and Direction of Technical Change .” In Shell 1967a , 53 – 66 . ———. 1967b . “ A Theory of Endogenous Technological Change...
Journal Article
History of Political Economy (2017) 49 (Supplement): 158–186.
Published: 01 December 2017
..., empirical data, bits of economic theory, institutional arrangements, the aims and hopes of economic planning, images and visions of the economy, and the practical requirements and affordances of computing technologies. The article traces the movements and changes of the multi-sector growth model...
Journal Article
History of Political Economy (2009) 41 (Suppl_1): 263–281.
Published: 01 December 2009
...Guido Erreygers Exhaustible resources were integrated into the neoclassical growth model in the early 1970s. This happened partly as a reaction to various reports focusing on the limits to growth. At a deeper level, the debate on Rawls's theory of justice in an intergenerational context and...