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Robert Solow has made a seminal contribution in the field of aggregative economics. This authoritative volume will be an important starting point for any researcher or professional economist seeking to understand how this branch of economics advanced in the twentieth century.
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[eng] Growth theory has been confronted to several methodological choices : constant capital-output ratio, demand or supply-side dynamics, embodiment of technological progress. The fundamental question lays in the growth momentum during intermediary phases between steady growth states and in the...
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In the preface to the first edition of Growth Theory (copyright 1970), the author writes: "I have tried to give some feeling for the scope of aggregate theory of growth, a notion of technical details, and some idea of the directions in which future research is likely to go. About four years ago,...
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