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Immanuel Kant and Endogenous Growth Theory

Scottish Journal of Political Economy, 2016
AbstractDespite the modern origins of endogenous growth theory, we argue that the ‘Idea for a Universal History with a Cosmopolitan Aim’ written by Immanuel Kant in 1784 provides an early and coherent example of such a theory. Kant's endogenous growth mechanism is driven by the inherent rivalry that exists between agents which increases effort and ...
G. Fagan, V. Gaspar, P. Mcadam
semanticscholar   +2 more sources

Policy Implications of Endogenous Growth Theory

The Economic Journal, 1992
Harrod-Domar Growth Theory sanctioned the overriding importance of capital accumulation in the quest for enhanced growth. Since budgetary surpluses could substitute for domestic savings, fiscal policy became identified as the primary growth instrument. Government had a role to play. The influence of Harrod-Domar economics was far reaching.
G. Shaw
semanticscholar   +2 more sources

Schumpeterian endogenous growth theory and evolutionary economics

Journal of Evolutionary Economics, 2004
In this paper, we aim to discuss whether Schumpeterian models of endogenous growth can accommodate Schumpeter’s vision of development through creative destruction. Taking a methodological approach, our focus is on individual decision-making, technology, general equilibrium and welfare, and steady state dynamics as the fundamental principles underlying ...
A. Alcouffe, T. Kuhn
semanticscholar   +3 more sources

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