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This volume develops original methods of analyzing biased technological progress in the theory and empirics of economic growth and income distribution. Motivated by sharp increases in wage and income inequalities in the world since the beginning of the new century, many macroeconomists have...
Persistent link: https://www.econbiz.de/10012397030
This thesis uses neoclassical growth models to evaluate what effect the limited availability of nonrenewable resources has on the economy’s (world’s) growth potential. Markus Merz concludes that recycling may serve as a mid-term solution to continued growth, but technological progress is...
Persistent link: https://www.econbiz.de/10012397204
This book takes a new look at the golden age in neoclassical growth theory and explores in detail sustainability and optimum growth in China, the US and Europe. Innovation, foreign direct investment, trade and growth dynamics are key elements in modern economies - including perspectives on green...
Persistent link: https://www.econbiz.de/10012397505
Over the past two decades, the issue of equilibrium indeterminacy has been one of the major research concerns in macroeconomic dynamics. Growth and Business Cycles with Equilibrium Indeterminacy discusses the main topics in this literature. Based on comprehensive surveys and the author’s...
Persistent link: https://www.econbiz.de/10012397147
1. Introduction -- 2.Methodology and stylised facts -- 3. Labour input and labour income -- 4. Capital stock and capacity utilisation -- 5. Growth and development accounting -- 6. The neoclassical growth model -- 7. Markets and distortions -- 8. Growth and the financial environment -- 9. Credit...
Persistent link: https://www.econbiz.de/10013341707
on the author’s first-hand observations of the metamorphosis of the consumers and consumption in China over the last …
Persistent link: https://www.econbiz.de/10012395904
This book takes an interdisciplinary approach to the world of consumption, covering different topics and including … sociological, economic and marketing aspects. The term ‘consumption’ is vague and even in academic disciplines the term is used in … a variety of ways. Consumption research asks how earnings and spending are related to each other. More generally …
Persistent link: https://www.econbiz.de/10012397024
This book offers a comprehensive overview of sustainability and management in India and through its insightful essays highlights the complex and multifaceted nature of sustainability as a concept. It also demonstrates the debates surrounding the concept of sustainability and its ramifications...
Persistent link: https://www.econbiz.de/10012398213
scientific terms. Employing a reasoned approach to understanding consumption, this book builds upon theoretical and empirical …
Persistent link: https://www.econbiz.de/10014017652
Introduction. And yet the Twain Meet: Great Convergence brings the East closer to the West -- Great Divergence and the Rise of the West -- Great Convergence and the Rise of the Rest -- The Great Convergence and Globalization: How the Former Colo-nies Became the World Economic Locomotives --...
Persistent link: https://www.econbiz.de/10012819105