The Theory of Economic Growth: An Introduction

Front Matter....Pages i-xv
Front Matter....Pages 1-1
The Emergence of Modern Growth Theory — The Harrod-Domar Models....Pages 3-19
The Development of Modern Growth Theory — A Preview....Pages 20-28
Front Matter....Pages 29-29
Fixed versus Variable Coefficients — The Neo-classical Approach....Pages 31-36
The One-good Model without Technical Progress — The Simplest Case....Pages 37-54
The One-good Model without Technical Progress — Altering some Assumptions....Pages 55-79
The Two-sector Model without Technical Progress....Pages 80-98
Technical Progress, Productivity Growth and Steady States....Pages 99-119
Technical Progress — Theories of Bias and Neutrality ....Pages 120-139
Technical Progress at an Endogenous Rate....Pages 140-157
Front Matter....Pages 159-159
Neo-Keynesian Criticisms of Neo-classical Theory....Pages 161-184
Income Distribution and Effective Demand....Pages 185-203
Full Employment, Saving and the Flexibility of Profit Margins....Pages 204-227
Investment and Growth — Kaldor’s Growth Model....Pages 228-247
Front Matter....Pages 249-249
Stylised Facts, Steady Growth and Structural Change....Pages 251-259
Stylised Facts and Historical Statistics....Pages 260-300
Back Matter....Pages 301-349