Results 11 to 20 of about 5,990 (292)
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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Critique of the neoclassical theory of growth and distribution
PSL Quarterly Review, 2000 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.
Luigi L. Pasinetti
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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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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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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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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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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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Business cycles in a general equilibrium dynamic model with land value and rent [PDF]
Ekonomski Anali, 2018 This study shows economic oscillations due to periodic changes in some parameters in the economic model proposed by Zhang (2014). This paper generalizes Zhang’s model by allowing all the time-independent parameters to be time dependent.
Zhang Wei-Bin
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Cornucopia or Zero-Sum Game? The Epistemology of Sustainability
Journal of World-Systems Research, 2015 This article contrasts two fundamentally different understandings of economic growth and "development" that lead to diametrically opposed approaches to how to deal with global ecological deterioration.
Alf Hornborg
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