Knowledge, Technological Catch-up and Economic Growth investigates the relationship between knowledge diffusion and economic growth. Using a broad definition of knowledge - encompassing technology, production skills, know-how and firm capabilities - the central argument of the book is that the...

Economists have long relied on cross-country regression analysis to identify the determinants of continued growth, but with only limited success. This book demonstrates the value of a different approach

The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics

1. Growth theory in the history of thought -- 2. Neoclassical and 'new' growth theory : a critique -- 3. Manufacturing industry as the engine of growth -- 4. A demand-oriented approach to economic growth : export-led growth models -- 5. Balance of payments constrained growth : theory and...

1. Does economic growth ultimately lead to a "noble life"? : a comparative analysis of the predictions of Mill, Marshall and Keynes / Arrigo Opocher -- 2. The debate on education financing in the classical perspective / Mario Pomini -- 3. The role of the public sector in the thought of Hyman...

Growth Theory in Historical Perspective is a collection of thirteen carefully selected essays by Theo van de Klundert which demonstrate the development of growth theory over the past forty years. The sequence of chapters reveals the shifts in focus which have occurred since the first formal...