New Directions in Theory and Policy
Edited by Phillip Arestis, Michelle Baddeley and John S.L. McCombie
This enlightening and significant volume focuses on the nature, causes and features of economic growth across a wide range of countries and regions. Covering a variety of growth related topics – from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies – the distinguished cast of contributors addresses some of the most important contemporary issues and developments in the field.
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- Economic Growth New Directions in Theory and Policy
- Chapter 1: Introduction
- Chapter 2: Is Growth Theory a Real Subject?
- Chapter 3: What is Endogenous Growth Theory?
- Chapter 4: Is the Natural Rate of Growth Exogenous?
- Chapter 5: The Representative Firm and Increasing Returns: Then and Now
- Chapter 6: A Dynamic Framework for Keynesian Theories of the Business Cycle and Growth
- Chapter 7: A Keynesian Model of Unemployment and Growth: Theory
- Chapter 8: A Keynesian Model of Unemployment and Growth: An Empirical Test
- Chapter 9: The Relevance of the Cambridge–Cambridge Controversies in Capital Theory for Econometric Practice
- Chapter 10: Foreign Direct Investment and Productivity Spillovers: A Sceptical Analysis of Some OECD Economies
- Chapter 11: Increasing Returns and the Distribution of Manufacturing Productivity in the EU Regions
- Chapter 12: The Role of Wage-Setting in a Growth Strategy for Europe
- Chapter 13: Economic Growth and Beta-Convergence in the East European Transition Economies
- Chapter 14: Knowledge Externalities and Growth in Peripheral Regions
- Chapter 15: Knowledge, Human Capital and Foreign Direct Investment in Developing Countries: Recent Trends from an Endogenous Growth Theory Perspective
- Chapter 16: Is Growth Alone Sufficient to Reduce Poverty? In Search of the Trickle Down Effect in Rural India
- Chapter 17: Strategy for Economic Growth in Brazil: A Post Keynesian Approach
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Chapter 1: Introduction
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