Capital accumulation and economic growth in a small open economy:
Economic growth is an issue of primary concern to policy makers in both developed and developing economies. As a consequence, growth theory has long occupied a central role in economics. In this book, renowned growth theorist Stephen J. Turnovsky investigates the process of economic growth in a smal...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cambridge
Cambridge University Press
2009
|
| Series: | The CICSE lectures in growth and development
|
| Subjects: | |
| Online Access: | BSB01 UBG01 Volltext |
| Summary: | Economic growth is an issue of primary concern to policy makers in both developed and developing economies. As a consequence, growth theory has long occupied a central role in economics. In this book, renowned growth theorist Stephen J. Turnovsky investigates the process of economic growth in a small open economy, showing that it is sensitive to the productive structure of the economy. The book comprises three parts, beginning with models where the only intertemporally viable equilibrium is one in which the economy is always on its balanced growth path. Empirical evidence suggests relatively slow speeds of convergence so the second part of the book looks at several alternative ways in which transitional dynamics may be introduced. In the third and final part, the author applies the growth model to the issue of foreign aid, focusing specifically on whether aid should be untied or tied to the accumulation of public capital |
| Item Description: | Title from publisher's bibliographic system (viewed on 05 Oct 2015) |
| Physical Description: | 1 online resource (xii, 241 pages) |
| ISBN: | 9780511641978 |
| DOI: | 10.1017/CBO9780511641978 |
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| any_adam_object | |
| author | Turnovsky, Stephen J. |
| author_facet | Turnovsky, Stephen J. |
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| contents | 1. Introduction and brief overview -- 2. Basic growth model with fixed labor supply -- 3. Basic growth model with endogenous labor supply -- 4. Transitional dynamics and endogenous growth in one-sector models -- 5. Two-sector growth models -- 6. Non-scale growth models -- 7. Basic model of foreign aid -- 8. Foreign aid, capital accumulation, and economic growth: some extensions |
| ctrlnum | (ZDB-20-CBO)CR9780511641978 (OCoLC)850916950 (DE-599)BVBBV043922914 |
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| dewey-ones | 332 - Financial economics |
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| doi_str_mv | 10.1017/CBO9780511641978 |
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| indexdate | 2024-07-10T07:38:40Z |
| institution | BVB |
| isbn | 9780511641978 |
| language | English |
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| spelling | Turnovsky, Stephen J. Verfasser aut Capital accumulation and economic growth in a small open economy Stephen J. Turnovsky Capital Accumulation & Economic Growth in a Small Open Economy Cambridge Cambridge University Press 2009 1 online resource (xii, 241 pages) txt rdacontent c rdamedia cr rdacarrier The CICSE lectures in growth and development Title from publisher's bibliographic system (viewed on 05 Oct 2015) 1. Introduction and brief overview -- 2. Basic growth model with fixed labor supply -- 3. Basic growth model with endogenous labor supply -- 4. Transitional dynamics and endogenous growth in one-sector models -- 5. Two-sector growth models -- 6. Non-scale growth models -- 7. Basic model of foreign aid -- 8. Foreign aid, capital accumulation, and economic growth: some extensions Economic growth is an issue of primary concern to policy makers in both developed and developing economies. As a consequence, growth theory has long occupied a central role in economics. In this book, renowned growth theorist Stephen J. Turnovsky investigates the process of economic growth in a small open economy, showing that it is sensitive to the productive structure of the economy. The book comprises three parts, beginning with models where the only intertemporally viable equilibrium is one in which the economy is always on its balanced growth path. Empirical evidence suggests relatively slow speeds of convergence so the second part of the book looks at several alternative ways in which transitional dynamics may be introduced. In the third and final part, the author applies the growth model to the issue of foreign aid, focusing specifically on whether aid should be untied or tied to the accumulation of public capital Entwicklungsländer Wirtschaftsentwicklung Ökonometrisches Modell Saving and investment / Developing countries / Econometric models Endogenous growth (Economics) / Developing countries / Econometric models Economic development / Developing countries / Econometric models Makroökonomisches Modell (DE-588)4074486-3 gnd rswk-swf Kapitalbildung (DE-588)4029565-5 gnd rswk-swf Kleinstaat (DE-588)4127871-9 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 s Makroökonomisches Modell (DE-588)4074486-3 s Kapitalbildung (DE-588)4029565-5 s Kleinstaat (DE-588)4127871-9 s 1\p DE-604 Erscheint auch als Druckausgabe 978-0-521-18752-7 Erscheint auch als Druckausgabe 978-0-521-76475-9 https://doi.org/10.1017/CBO9780511641978 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
| spellingShingle | Turnovsky, Stephen J. Capital accumulation and economic growth in a small open economy 1. Introduction and brief overview -- 2. Basic growth model with fixed labor supply -- 3. Basic growth model with endogenous labor supply -- 4. Transitional dynamics and endogenous growth in one-sector models -- 5. Two-sector growth models -- 6. Non-scale growth models -- 7. Basic model of foreign aid -- 8. Foreign aid, capital accumulation, and economic growth: some extensions Entwicklungsländer Wirtschaftsentwicklung Ökonometrisches Modell Saving and investment / Developing countries / Econometric models Endogenous growth (Economics) / Developing countries / Econometric models Economic development / Developing countries / Econometric models Makroökonomisches Modell (DE-588)4074486-3 gnd Kapitalbildung (DE-588)4029565-5 gnd Kleinstaat (DE-588)4127871-9 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd |
| subject_GND | (DE-588)4074486-3 (DE-588)4029565-5 (DE-588)4127871-9 (DE-588)4066527-6 |
| title | Capital accumulation and economic growth in a small open economy |
| title_alt | Capital Accumulation & Economic Growth in a Small Open Economy |
| title_auth | Capital accumulation and economic growth in a small open economy |
| title_exact_search | Capital accumulation and economic growth in a small open economy |
| title_full | Capital accumulation and economic growth in a small open economy Stephen J. Turnovsky |
| title_fullStr | Capital accumulation and economic growth in a small open economy Stephen J. Turnovsky |
| title_full_unstemmed | Capital accumulation and economic growth in a small open economy Stephen J. Turnovsky |
| title_short | Capital accumulation and economic growth in a small open economy |
| title_sort | capital accumulation and economic growth in a small open economy |
| topic | Entwicklungsländer Wirtschaftsentwicklung Ökonometrisches Modell Saving and investment / Developing countries / Econometric models Endogenous growth (Economics) / Developing countries / Econometric models Economic development / Developing countries / Econometric models Makroökonomisches Modell (DE-588)4074486-3 gnd Kapitalbildung (DE-588)4029565-5 gnd Kleinstaat (DE-588)4127871-9 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd |
| topic_facet | Entwicklungsländer Wirtschaftsentwicklung Ökonometrisches Modell Saving and investment / Developing countries / Econometric models Endogenous growth (Economics) / Developing countries / Econometric models Economic development / Developing countries / Econometric models Makroökonomisches Modell Kapitalbildung Kleinstaat Wirtschaftswachstum |
| url | https://doi.org/10.1017/CBO9780511641978 |
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