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ENDOGENOUS GROWTH THEORY
AGHION P., HOWITT P. wydawnictwo: MIT PRESS , rok wydania 1998, wydanie I cena netto: 345.00 Twoja cena 327,75 zł + 5% vat - dodaj do koszyka
"Aghion and Howitt
is a real breakthrough in growth economics. This book has profound implications and should
be read by anyone who is serious about studying economic growth" Nicholas
Crafts, Department of Economic History, London School of Economics and Political Science
Advanced economies have
experienced a tremendous increase in material well- being since the industrial revolution.
Modern innovations such as personal computers, laser surgery, jet airplanes, and satellite
communication have made us rich and transformed the way we live and work. But
technological change has also brought with it a variety of social problems. It has been
blamed at various times for increasing wage and income inequality, unemployment,
obsolescence of physical and human capital, environmental deterioration, and prolonged
recessions.
To understand the contradictory effects of technological change on the economy, one must
delve into structural details of the innovation process to analyze how laws, institutions,
customs, and regulations affect peoples' incentive and ability to create new knowledge and
profit from it. To show how this can be done, Philippe Aghion and Peter Howitt make use of
Schumpeter's concept of creative destruction, the competitive process whereby
entrepreneurs constantly seek new ideas that will render their rivals' ideas obsolete.
Whereas other books on endogenous growth stress a particular aspect, such as trade or
convergence, this book provides a comprehensive survey of the theoretical and empirical
debates raised by modern growth theory. It develops a powerful engine of analysis that
sheds light not only on economic growth per se, but on the many other phenomena that
interact with growth, such as inequality, unemployment, capital accumulation, education,
competition, natural resources, international trade, economic cycles, and public policy.
684 pages
Po otrzymaniu zamówienia poinformujemy,
czy wybrany tytuł polskojęzyczny lub
anglojęzyczny jest aktualnie na półce księgarni.
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