Format:
1 Online-Ressource (VIII, 151 p)
Edition:
1st ed. 2000
ISBN:
9783642457845
Series Statement:
Lecture Notes in Economics and Mathematical Systems 489
Content:
Four stylised facts of aggregate economic growth are set up initially. The growth process is interpreted to represent transitional dynamics rather than balanced-growth equilibria. Against this background, the fundamental importance of subsistence consumption is comprehensively analysed. Subsequently, the meaning of the productive-consumption hypothesis for the intertemporal consumption trade-off and the growth process is investigated. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9783540675631
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9783642457852
Language:
English
Subjects:
Economics
,
Mathematics
Keywords:
Entwicklungsländer
;
Nachholende Entwicklung
;
Wachstumsmodell
;
Endogenes Wirtschaftswachstum
;
Entwicklungsländer
;
Wachstum
;
Verbrauch
;
Mathematisches Modell
DOI:
10.1007/978-3-642-45784-5
URL:
Volltext
(URL des Erstveröffentlichers)
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