A Neo-Classical Theory of Economic Growth (Routledge Revivals)Routledge, 2013 M04 3 - 156 páginas First published in 1960, this seminal work illuminates the interrelations of the various approaches to the theory of economic growth. Professor Meade seeks to understand the factors which determine the speed of economic growth and outlines the ways in which classical economic analysis may be developed for application to the problem of economic growth. |
Contenido
Changes in the Rate of Economic Growth | |
The State of Steady Economic Growth | |
The Rigidity of Machinery | |
The Price of Capital Goods | |
Depreciation and Replacement | |
Depreciation by Sudden Death | |
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A Neo-Classical Theory of Economic Growth (Routledge Revivals) James E. Meade Sin vista previa disponible - 2013 |
Términos y frases comunes
accumulation of machinery amount of labour amount of land amount of machinery Appendix assume assumption balanced set capital accumulation capital stock capital-goods industry cent per annum classical economic constant proportion constant returns consumption-goods industry D. G. Champernowne depreciation fund distribution of income economic growth economy elasticity of substitution equilibrium factors of production firm fixed-annuity gross profit growing growth rate income per head increase labour-intensive machinery per head machinery to labour machinery-intensive method of depreciation net national income output of capital population price of capital producing capital product of labour product of machinery production function profit per machine proportion of income proportion of profits proportional marginal product proportionate rate rate of growth rate of interest rate of profit rate of technical ratio of machinery returns to scale stock of machinery stock of machines Suppose technical knowledge technical progress tend to raise terms of consumption wage per worker