Results 261 to 270 of about 5,990 (292)

NEOCLASSICAL ECONOMIC GROWTH THEORY: AN EMPIRICAL APPROACH

2013
This paper contributes to the empirical literature by providing a simple theoretical and empirical literature framework. For this purpose we address the neoclassical model of capital accumulation reproduces many of the stylised facts about economic growth and is consistent with many features of actual growth in economies.
openaire   +1 more source

Neoclassical Growth Theory and Heterodox Growth Theory: Opportunities For (and Obstacles To) Greater Engagement

Eastern Economic Journal, 2013
Mark Setterfield, Setterfield Mark
exaly  

Savings and economic growth in neoclassical theory: A Critical Survey

1999
In neoclassical economics economic growth depends upon savings. The paper discusses problems with this conventional view, and how these have been tackled, from pre-Solowian authors up to the recent New or Endogenous Growth Theory (EGT). These difficulties became particularly clear with the Solow-Swan model of growth in which the savings rate did not ...
openaire   +2 more sources

Neoclassical vs. Evolutionary Theories of Economic Growth: Critique and Prospectus

The Economic Journal, 1974
Nelson, Richard R, Winter, Sidney G
openaire   +1 more source

Capital and Knowledge: Integrating Arrow’s Learning-by-Doing, the Walrasian Equilibrium Theory and Neoclassical Growth Theory

South Asian Journal of Macroeconomics and Public Finance, 2014
Wei-Bin Zhang
exaly  

Neoclassical and ‘New' Growth Theory: A Critique

This concise book, by one of the leading scholars in development economics, has been developed from a series of lectures given to masters students and will serve as an excellent introduction to the principles of growth and development theory.
openaire   +1 more source

Growth and inequality examined by integrating the Walrasian general equilibrium and neoclassical growth theories

International Journal of Economic Sciences and Applied Research (IJESAR), 2014
This paper builds a heterogeneous-households growth model of a small open economy with fixed resource (land) by integrating the Walrasian general equilibrium and neoclassical growth theories. The production side consists of two sectors. We use an alternative utility function proposed by Zhang, which enable us to develop a dynamic growth model with ...
openaire   +2 more sources

Toward a neoclassical theory of sustainable consumption: Eight golden age propositions

Ecological Economics, 2014
Harry Saunders
exaly  

The U.S. and U.K. Great Depressions Through the Lens of Neoclassical Growth Theory

American Economic Review, 2002
Harold L Cole, Lee E Ohanian, Cole Harold L   +2 more
exaly  

The Neoclassical Endogenous Growth Theory on Retrospect: a Lakatosian interpretation

2012
This article will concentrate on the treatment of endogenous growth by neo-classical growth theorists in order to explain why the endogenous growth approach was not incorporated into the neo-classical growth program until the late 1980s, although the essential features were well known during the 1960s.
openaire   +1 more source