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Investissement, progrès technique et croissance économique [PDF]
This paper combines a critical review of the current state of the theory of economic growth with some suggestions for new directions in growth theory.
Davenport, Paul
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The Role of Public Spending in the Growth Theory Evolution [PDF]
We propose in this paper a survey over the evolution of growth theory with respect to public spending. Building on evidence from neoclassical growth models, we emphasize growth effects of public spending in the endogenous growth literature, and ...
Minea, Alexandru
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This paper evaluates Nordhaus’s neoclassical complaints about the Stern Review from the vantage point of classical growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount rate that is well
Thomas R. Michl
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ENVIRONMENTAL DYNAMICS IN AN INTEGRATED WALRASIAN-GENERAL EQUILIBRIUM AND NEOCLASSICAL-GROWTH THEORY [PDF]
This study deals with interactions of economic growth and environmental change with heterogeneous households. The analytical framework is built by integrating the three important theories in economics - the Walrasian general equilibrium theory, the neoclassical growth theory, and the neoclassical growth model with endogenous environment.
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Search, money and capital: a neoclassical dichotomy [PDF]
Recent work has reduced the gap between search-based monetary theory and mainstream macroeconomics by incorporating into the search model some centralized markets as well as some decentralized markets where money is essential.
Randall Wright, S. Boragan Aruoba
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Separating the Business Cycle from Other Economic Fluctuations [PDF]
Macroeconomists%u2014%u2014especially those studying monetary policy%u2014%u2014often view the business cycle as a transitory departure from the smooth evolution of a neoclassical growth model.
Robert E. Hall
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The Politicization of Growth Theory [PDF]
In this essay I review the main features of neoclassical growth theory, with an eye to seeing what it has to say about the causes of wealth and poverty among nations.
Hibbs Jr, Douglas A.
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Revisiting Neoclassical Growth Theory: A Survey in the Literature
Abstract During the second half of the twentieth century economists have build newer models of economic growth that consider policy influences of growth and divergent outcomes among countries. These models addresses issues concerning economic growth, operation of financial markets, trade policy, government expenditures, and taxation.
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Rediscovering the Solow Model: An Energy Network Approach [PDF]
The present paper provides a new theory of capital accumulation and growth. While the law of motion for capital per worker is structurally identical to that of the neoclassical growth model (Solow, 1956), the underlying foundation is very different.
Carl-Johan Dalgaard, Holger Strulik
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Economic growth as the limiting factor for wildlife conservation [PDF]
The concept of limiting factor includes the lack of welfare factors and the presence of decimating factors. Originally applied to populations and species, the concept may also be applied to wildlife in the aggregate.
Czech, Brian
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