The Path of Economic Growth giá ưu đãi

The writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.

Adolph Lowe born Adolf Löwe (4 March 1893 – 3 June 1995) was a German sociologist and economist.

Preface

Acknowledgements

Part I. The Basic Model: 

1. Introduction: scope and method

2. Patterns of economic growth

3. A schema of industrial production

4. The circulation of fixed capital

5. The circulation of working capital

6. The stationary process in operation: structure analysis

7. The stationary process in operation: force analysis

8. Transition to dynamic equilibrium

9. Dynamic equilibrium: structure analysis

10. Dynamic equilibrium: force analysis

Part II. Changes in the Rate of Change: The Dynamics of Labour Supply: 

11. The setting of the problem

12. A bird’s-eye view of an expanding traverse

13. On the short-period variability of the capital-labour supply in a free market

14. Adjustment to a higher rate of growth of labour supply in a free market: I. Structure analysis

15. Adjustment to a higher rate of growth of labour supply in a free market: II. Force analysis

16. Adjustment to a higher rate of growth of labour supply in a collectivist system

17. Some comments on the role of working capital in the traverse

18. Instrumental analysis of decline in the rate of growth of labour supply

Part III. Changes in the Rate of Change: The Dynamics of Natural Resources Supply: 

19. The dynamics of diminishing returns

20. Recycling of production and consumption residuals and the structure of production

Part IV. Changes in the Rate of Change: The Dynamics of Technological Progress: 

21. The scope of the investigation

22. Dynamic equilibrium once more

23. Nonneutral innovations: a general survey

24. Pure labour-displacing innovations

25. Pure capital-displacing innovations

26. Some comments on combined changes in the input of labour and capital

27. Technical progress and diminishing returns

28. Some concluding remarks

Appendix: an alternative presentation of Lowe’s basic model Edward J. Nell

Glossary of recurring symbols

Name index

Subject index.