Results 11 to 20 of about 310,707 (312)
Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities for and Obstacles to Greater Engagement [PDF]
SSRN Electronic Journal, 2009 This article explores the possibilities for greater engagement between neoclassical and heterodox growth theorists. Simple structural models are used to identify the essential “mechanics” of the growth process in both the neoclassical and heterodox traditions, and these are shown to point to important areas of theoretical overlap and even observational
Mark Setterfield
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International Trade Model in the Labour Growth Theory [PDF]
AlterEconomics, 2023 The neoclassical growth model assumes that equilibrium growth is exogenous, which some researchers consider a disadvantage. In response, the endogenous growth theory emphasizes the endogenous determination of technical progress as the primary source of ...
Aleksey A. Zolotukhin
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Stackelberg-Nash Equilibrium and Perfect Competition in the Solow-Uzawa Growth Model
Lecturas de Economía, 2022 This study introduces Stackelberg-Nash equilibrium to neoclassical growth theory. It attempts to make neoclassical economic growth theory more robust in modelling the complexity of market structures.
Wei-Bin Zhang
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Moneta e Credito, 2012 The paper surveys the main theories of income distribution in their relationship with the theories of economic growth. First, the Classical approach is considered, focusing on the Ricardian theory. Then the neoclassical theory is discussed, highlighting
Luigi Pasinetti
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Reasons for the Demise of Interest: Savings Glut and Secular Stagnation or Central Bank Policy?
Quarterly Journal of Austrian Economics, 2021 This article compares the Keynesian, neoclassical and Austrian explanations for low interest rates and sluggish growth. From a Keynesian and neoclassical perspective, low interest rates are attributed to aging societies, which save more for the future ...
Thomas Mayer, Gunther Schnabl
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, 2017 This study deals with interactions between social status, economic growth and income and wealth distribution in an economic growth model of heterogeneous households with economic structure.
Wei-bin Zhang
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Модернизация, инновация, развитие, 2016 This paper presents a conceptual idea of the organization of management of development of the Arctic area of the Russian Federation in the form of a set of target subspace.
N. I. Didenko +3 more
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Energy, Entropy, Constraints, and Creativity in Economic Growth and Crises
Entropy, 2020 The neoclassical mainstream theory of economic growth does not care about the First and the Second Law of Thermodynamics. It usually considers only capital and labor as the factors that produce the wealth of modern industrial economies.
Reiner Kümmel, Dietmar Lindenberger
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Moneta e Credito, 2012 The paper surveys the neoclassical theory of growth. As a preliminary, the meaning of the adjective "neoclassical" is discussed. The basic model is then sketched, and the conditions ensuring a stationary state are illustrated.
Robert M. Solow
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Classical and neoclassical economic theory: Fundamentals of regulation for the agricultural sector [PDF]
BIO Web of ConferencesThe work is devoted to the complex issues of the influence of the theoretical assumptions of classical and neoclassical economic theory on the sustainable development of the agricultural sector.
Migunovand Rishat A. +1 more
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