Kniha Transitional Dynamics and Economic Growth in Developing Countries Thomas Steger

Transitional Dynamics and Economic Growth in Developing Countries

Autor: Thomas Steger
Jazyk: Angličtina
Väzba: Brožovaná
Dostupnosť: Skladom u dodávateľa
Odosielame za 5-8 dní
50.07
Four stylised facts of aggregate economic growth are set up initially. The growth process is interpr...

Informácie o knihe

Jazyk
Angličtina
Väzba
Kniha - Brožovaná
Vydalo
2000
Stránok
151
EAN
9783540675631
ISBN
3540675639
Enbook ID
06810045
Hmotnosť
265
Rozmery
155 x 235 x 10

Kompletný popis

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.

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