Economic Dynamics : Growth and Development /
This book deals with an important topic in economic theory: economic growth and development. It proposes an economic development theory within the framework of input-output systems and neo-classical economics. The standard topics in growth theory are re-examined in the light of newer results in nonl...
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| Format: | eBook |
| Language: | English |
| Published: |
Berlin, Heidelberg :
Springer Berlin Heidelberg,
1990.
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| Series: | Lecture notes in economics and mathematical systems ;
350. |
| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | This book deals with an important topic in economic theory: economic growth and development. It proposes an economic development theory within the framework of input-output systems and neo-classical economics. The standard topics in growth theory are re-examined in the light of newer results in nonlinear dynamic theory. There is a special emphasis on nonlinear unstable phenomena, such as bifurcations and structural changes, in economic development. Bifurcation theory provides an efficient tool for dealing with nonlinear dynamic systems. The book also emphasizes the concepts of adjustment speed and time scales in order to explore connections of different growth theories in the literature. Human quality (knowledge) plays a key role in explaining economic development. |
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| Item Description: | Electronic resource. |
| Physical Description: | 1 online resource (x, 232 pages 22 illustrations) |
| ISBN: | 9783642864803 (electronic bk.) 3642864805 (electronic bk.) |
| ISSN: | 0075-8442 ; |