Dynamics of Endogenous Economic Growth: A Case Study of the Romer Model Contributor(s): Schmidt, Gordon B. (Editor) |
|
ISBN: 044451225X ISBN-13: 9780444512253 Publisher: Elsevier Science Ltd OUR PRICE: $193.79 Product Type: Hardcover Published: April 2003 Annotation: 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." |
Additional Information |
BISAC Categories: - Business & Economics | Development - Economic Development - Business & Economics | Management - General |
Dewey: 338.900 |
LCCN: 2003043910 |
Series: Contributions to Economic Analysis |
Physical Information: 0.99" H x 6.98" W x 8.52" (2.01 lbs) 508 pages |
Descriptions, Reviews, Etc. |
Publisher Description: 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 linearization, 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. |