Mark Roberts, Mark Setterfield and Marc Hnytka
Mark Setterfield and Kurt von Seekamm
Mark Setterfield and John Cornwall
Dany Lang and Mark Setterfield
Stephanie Seguino and Mark Setterfield
Challenging the Supply-side Vision of the Long Run
Edited by Mark Setterfield
The Economics of Demand-Led Growth is a collection of specially written essays that develop and apply the theory of demand-led growth. Long-run growth is usually portrayed as a supply-determined process. The contributions to this volume, however, are rooted in the theory of demand-led growth. In addition to general discussions of the role of demand in the long-run, the volume contains essays in the Kaldorian and Kaleckian traditions, and a section on the relationship between demand-led growth and structural change. The conclusion reached is that current neglect of the role of demand in analyses of long-run growth is unwarranted.