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Dynamics of Endogenous Economic Growth: A Case Study of the 'Romer Model': Contributions to Economic Analysis, cartea 257

Autor Gordon W. Schmidt, G. Schmidt
en Limba Engleză Hardback – 14 apr 2003
This book is concerned with the methods by which the dynamics of endogenous economic growth systems may be analysed and numerically computed, and with the validation of such numerical computations through qualitative economic reasoning. The methods comprise linearisation, phase-space analysis and a variety of numerical integration techniques. In particular, the book provides a detailed examination of the transitional dynamics (the movement from some current state towards a steady-state equilibrium) of the influential endogenous growth model from Paul Romer's 1990 Journal of Political Economy article: "Endogenous Technological Change."
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Specificații

ISBN-13: 9780444512253
ISBN-10: 044451225X
Pagini: 508
Dimensiuni: 177 x 216 x 25 mm
Greutate: 0.91 kg
Editura: Emerald Group Publishing Limited
Seria Contributions to Economic Analysis


Cuprins

Abbreviated Contents: Preface. Chapter 1 Introduction. Chapter 2 The Romer Model: Development of the Dynamic System. Chapter 3 Dynamic Behavior of the System: Linearisation, Phase Space Analysis, and Development of an Abridged Model. Chapter 4 Numerical integration. Chapter 5 Economic Welfare and Policy Issues. Chapter 6 Concluding Remarks and Policy Implications. Bibliography. Author index. Subject index.

Recenzii

...Examines the transitional dynamics, from some initial state toward a steady-state equilibrium, of the endogenous growth model presented in Paul Romer's 1990 Journal of Political Economy article entitled "Endogenous Technological Change."
Journal of Economic Literature, 2004