Transitional dynamics and economic growth in developing countries /
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...
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| Format: | eBook |
| Language: | English |
| Published: |
Berlin ; New York :
Springer,
[2000]
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| Series: | Lecture notes in economics and mathematical systems ;
489. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
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