Holdings: Macroeconomics without growth

Macroeconomics without growth: sustainable economies in Neoclassical, Keynesian and Marxian theories

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Bibliographic Details
Main Author:	Lange, Steffen 1963- (Author)
Format:	Thesis Book
Language:	English
Published:	Marburg Metropolis-Verlag 2018
Series:	Wirtschaftswissenschaftliche Nachhaltigkeitsforschung Band 19
Subjects:	Postwachstumsökonomie Postwachstum Wirtschaftswachstum degrowth non-growing economies Hochschulschrift
Online Access:	Inhaltsverzeichnis
Physical Description:	583 Seiten Diagramme
ISBN:	9783731612988

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MARC


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adam_text	SUMMARY OF THE CONTENTS I FOUNDATIONS ............................................................ 35 II NEOCLASSICAL THEORIES .................................. 109 III KEYNESIAN THEORIES ......................................... 217 IV MARXIAN T H E O R IE S............................................395 V SYNTHESIS OF RESULTS.......................................491 CONTENTS L ISTS O F FIGURES, TABLES, A B B REVIATION S AND D EN OTATION S . . 15 C HAPTER 1 IN TR O D U C TIO N ........................................................................................... 21 1.1 RESEARCH T O P I C .................................................. 21 1.2 RESEARCH OB JECT........................................................................ 25 1.3 RESEARCH DESIGN........................................................................ 30 1.4 STRUCTURE OF THE PRESENT W O RK ................................................ 33 I FOUNDATIONS ............................................................ 35 C HAPTER 2 B A C K G R O U N D ........................................................................................... 37 2.1 ON ECONOMIC G ROW TH.............................................................. 38 2.2 ECONOMIC GROWTH AND THE ENVIRONMENT ............................ 47 2.3 STATIONARY STATE AND SECULAR S TA G N A TIO N ............................ 65 C HAPTER 3 E XISTIN G C ON CEP TS ON E CONOM IES W ITH OU T G ROW TH .... 83 3.1 STEADY STATE E CO N O M IES........................................................ 84 3.2 D E G RO W TH ................................................................................ 87 3.3 PROSPERITY AND MANAGING WITHOUT G RO W TH ......................... 90 3.4 POSTWACHSTUM ....................................................................... 92 3.5 COMPARISON AND IM P LICATIO N S .............................................. 98 3.6 MACROECONOMIC CONDITIONS IN EXISTING C ONCEPTS ............... 98 C HAPTER 4 IN TERM ED IATE R E S U L T S ......................................................................107 NEOCLASSICAL THEORIES 109 C HAPTER 5 I N TR O D U C TIO N ......................................................................................... I L L C HAPTER 6 F U N D A M E N TA LS ...................................................................................... 115 6.1 BASIC MACROECONOMIC MODEL: NEOCLASSICAL FOUNDATIONS . . 115 6.2 SOLOW MODEL: SAVINGS AND CAPITAL ACCUMULATION .................. 121 6.3 NEOCLASSICAL GROWTH MODEL: M ICROFOUNDATIONS ..................... 128 6.4 RESULTS AND D ISCUSSION..............................................................134 C HAPTER 7 E NDOGENOUS TECHNOLOGICAL C H A N G E ............................................143 7.1 AK MODEL: HUMAN CAPITAL AND IMPROVEMENT OF KNOWLEDGE 143 7.2 ENDOGENOUS TECHN. CHANGE I: EXTENSION OF TECHNOLOGIES . 147 7.3 ENDOGENOUS TECHN. CHANGE II: REPLACEMENT OF TECHNOLOGIES 150 7.4 DIRECTED TECHNICAL CHANGE: DIFFERENT TYPES OF TECHN. CHANGE ..........................................................................154 7.5 RESULTS AND D ISCUSSION ............................................................. 161 C HAPTER 8 E NVIRONM ENT AND T E C H N O LO G Y ....................................................167 8.1 DASGUPTA-HEAL-SOLOW-STIGLITZ MODEL: SUBSTITUTION AND TECHN. C H A N G E ....................................................................168 8.2 GREEN SOLOW MODEL: A B ATEM EN T..............................................173 8.3 AK MODEL WITH ENVIRONMENT: ABATEMENT DEPENDING ON TECHN. C H A N G E ................................................. 175 8.4 ENDOGENOUS TECHN. CHANGE WITH ENVIRONMENT: NATURAL RESOURCES.......................................................................178 8.5 DIRECTED TECHNICAL CHANGE WITH ENVIRONMENT: CLEAN AND DIRTY S E C TO R S .......................................................... 180 8.6 RESULTS AND D ISCUSSION ............................................................. 187 C HAPTER 9 SUSTAINABLE E CONOM IES W ITH O U T G ROW TH IN N EOCLASSICAL T H E O R I E S ....................................................................191 9.1 OVERVIEW...................................................................................... 191 9.2 THREE SCENARIOS FOR ECONOMIES WITHOUT G RO W TH .................. 194 9.3 ENVIRONMENT, DISTRIBUTION AND S TA B ILITY .............................. 213 9.4 INSIGHTS IN THE LIGHT OF EXISTING L ITERA TU RE ........................... 214 9.5 LIMITATIONS TO INSIGHTS FROM THE NEOCLASSICAL THEORIES . . . 215 ILL KEYNESIAN THEORIES .217 C HAPTER 10 IN TR O D U C TIO N .........................................................................................219 C HAPTER 11 F U N D A M E N TA LS......................................................................................225 11.1 KEYNES: EFFECTIVE D E M A N D ....................................................... 226 11.2 HARROD: WARRANTED, ACTUAL AND NATURAL G RO W TH .................243 11.3 DOMAR: CAPACITY AND DEMAND EFFECTS .................................... 247 11.4 NEOCLASSICAL SYNTHESIS: AGGREGATE DEMAND AND AGGREGATE S U P P LY ...................................................................... 251 11.5 KALECKI: INVESTMENTS AND THE BUSINESS C Y C LE ........................ 257 11.6 KALDOR: TECHNICAL PROGRESS FUNCTION .................................... 275 11.7 ROBINSON: BIASED TECHNICAL C H AN G E........................................280 11.8 RESULTS AND D ISCUSSION ............................................................. 288 C HAPTER 12 M ONETARY T HEORIES .........................................................................295 12.1 DAVIDSON: REVENUE EXPECTATIONS AND MONETARY CONSTRAINTS 296 12.2 MONETARY KEYNESIANISM: EQUILIBRIUM WITHOUT A LABOUR M A R K E T ......................................................................... 304 12.3 BINSWANGER: GROWTH IMPERATIVE AND GROWTH IMPETUS . . . 312 12.4 GODLEY AND LAVOIE: STOCK-FLOW CONSISTENT M ODELS ............ 324 12.5 RESULTS AND D ISCUSSION ............................................................. 336 C HAPTER 13 E NVIRONM ENT AND D E M A N D ............................................................339 13.1 IS-LM-EE: ENVIRONMENTAL C O N STRA IN TS ................................. 340 13.2 HARRIS: CLEAN AND DIRTY S E C TO RS ..............................................345 13.3 FONTANA AND SAWYER: ENVIRONMENTAL DEPLETION RATE .... 351 13.4 RESULTS AND D ISCUSSION............................................................. 355 C HAPTER 14 SUSTAINABLE E CONOM IES W ITH O U T G ROW TH IN K EYNESIAN T H E O R I E S .........................................................................359 14.1 OVERVIEW......................................................................................359 14.2 FOUR SCENARIOS FOR ECONOMIES WITHOUT G ROW TH ..................... 376 14.3 ENVIRONMENT, DISTRIBUTION AND S TA B ILITY .............................. 390 14.4 INSIGHTS IN THE LIGHT OF EXISTING L ITERA TU RE.........................392 14.5 LIMITATIONS TO INSIGHTS FROM KEYNESIAN THEORIES ............... 393 IV MARXIAN THEORIES C HAPTER 15 IN TR O D U C TIO N ......................................................................................... 397 C HAPTER 16 F U N D A M E N TA LS ......................................................................................403 16.1 MARX: THE ACCUMULATION OF C A P ITA L........................................404 16.2 CONDITIONS FOR SUSTAINABLE ECONOMIES WITHOUT GROWTH . .415 16.3 RESULTS AND D ISCUSSION ............................................................. 423 C HAPTER 17 T HEORY O F M ON OP OLY C A P I T A L I S M ...............................................427 17.1 MONOPOLY C APITALISM ................................................................ 428 17.2 CONDITIONS FOR SUSTAINABLE ECONOMIES WITHOUT GROWTH . . 442 17.3 RESULTS AND D ISCUSSION ............................................................. 448 C HAPTER 18 E NVIRONM ENT AND C A P I T A L I S M ..................................................... 451 18.1 CAPITAL ACCUMULATION WITH FOSSIL FUELS ................................. 451 18.2 CONDITIONS FOR SUSTAINABLE ECONOMIES WITHOUT GROWTH . . 463 18.3 RESULTS AND D ISCUSSION ............................................................. 468 C HAPTER 19 SUSTAINABLE E CONOM IES W ITH O U T G ROW TH IN M ARXIAN T H E O R I E S ............................................................................471 19.1 OVERVIEW......................................................................................471 19.2 TWO SCENARIOS FOR ECONOMIES WITHOUT G RO W TH ..................... 472 19.3 ENVIRONMENT, DISTRIBUTION AND S TA B ILITY .............................. 485 19.4 INSIGHTS IN THE LIGHT OF EXISTING L ITERA TU RE ........................... 487 19.5 LIMITATIONS TO INSIGHTS FROM MARXIAN THEORIES .................. 489 V SYNTHESIS OF RESULTS ....................................... 491 C HAPTER 20 SUM M ARY O F R ESU LTS TO T HIS P O I N T ............................................493 20.1 FOUNDATIONS................................................................................494 20.2 NEOCLASSICAL T HEORIES ................................................................ 495 20.3 KEYNESIAN T HEORIES ................................................................... 496 20.4 MARXIAN T HEORIES ...................................................................... 497 C HAPTER 21 C OM PARISON O F G ENERAL R E S U L T S ................................................ 499 21.1 IS ZERO GROWTH POSSIBLE?........................................................499 21.2 THREE PERSPECTIVES LEADING TO VERY DIFFERENT CONTRIBUTIONS 500 21.3 SCENARIOS FROM THE THREE SCHOOLS OF ECONOMIC THOUGHT . 501 C HAPTER 22 S YN TH ESIS O F M ACROECON OM IC C O N D I T I O N S ...............................505 22.1 METHOD TO COMPARE AND SYNTHESIZE........................................505 22.2 ENVIRONMENTAL R EG U LATIO N ....................................................... 508 22.3 INVESTMENTS AND CAPITAL DEPRECIATION .................................... 510 22.4 BUSINESS T Y P E S ..........................................................................515 22.5 CONSUMPTION AND GOVERNMENT S P EN D IN G .............................. 518 22.6 EMPLOYMENT................................................................................521 22.7 D ISTRIBUTION................................................................................523 22.8 MONETARY SYSTEM AND S AVINGS.................................................525 C HAPTER 23 A M ODEL O F SUSTAINABLE E CONOM IES W ITH OU T G ROW TH . . 527 23.1 INTUITION AND SUM M ARY..............................................................527 23.2 STEP I: BASIC CO N D ITIO N S............................................................529 23.3 STEP II: DETAILED C ONDITIONS....................................................532 23.4 OUTCOMES CONCERNING SUSTAINABILITY .................................... 538 C HAPTER 24 E M BEDDING TH E R ESU LTS IN TH E S TA TE O F R E S E A R C H ...............541 24.1 GENERAL C O M P ARISO N ................................................................ 541 24.2 COMPARISON OF C O N D ITIO N S....................................................... 543 C HAPTER 25 SUM M ARY AND FUTURE R E S E A R C H .................................................. 545 25.1 S U M M A RY ...................................................................................545 25.2 FUTURE RESEARCH..........................................................................548 A P P EN D IX A K ALECKIS IN VESTM ENT M ULTIPLIER AND SAVINGS D U E TO I N V E S T M E N T S .........................................................................551 A P P EN D IX B K ALECKIS IN VESTM ENT M ULTIPLIER ...............................................554 B IB LIO G R A P H Y ............................................................................................557 A CKNOW LEDGEM ENTS ............................................................................... 585
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spelling	Lange, Steffen 1963- Verfasser (DE-588)122797418 aut Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories Steffen Lange Marburg Metropolis-Verlag 2018 583 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier Wirtschaftswissenschaftliche Nachhaltigkeitsforschung Band 19 Dissertation Universität Hamburg 2017 Postwachstumsökonomie (DE-588)1110910134 gnd rswk-swf Postwachstum Postwachstumsökonomie Wirtschaftswachstum degrowth non-growing economies (DE-588)4113937-9 Hochschulschrift gnd-content Postwachstumsökonomie (DE-588)1110910134 s b DE-604 Wirtschaftswissenschaftliche Nachhaltigkeitsforschung Band 19 (DE-604)BV022885406 19 DNB Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029990086&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis
spellingShingle	Lange, Steffen 1963- Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories Wirtschaftswissenschaftliche Nachhaltigkeitsforschung Postwachstumsökonomie (DE-588)1110910134 gnd
subject_GND	(DE-588)1110910134 (DE-588)4113937-9
title	Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories
title_auth	Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories
title_exact_search	Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories
title_full	Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories Steffen Lange
title_fullStr	Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories Steffen Lange
title_full_unstemmed	Macroeconomics without growth sustainable economies in Neoclassical, Keynesian and Marxian theories Steffen Lange
title_short	Macroeconomics without growth
title_sort	macroeconomics without growth sustainable economies in neoclassical keynesian and marxian theories
title_sub	sustainable economies in Neoclassical, Keynesian and Marxian theories
topic	Postwachstumsökonomie (DE-588)1110910134 gnd
topic_facet	Postwachstumsökonomie Hochschulschrift
url	http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=029990086&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA
volume_link	(DE-604)BV022885406
work_keys_str_mv	AT langesteffen macroeconomicswithoutgrowthsustainableeconomiesinneoclassicalkeynesianandmarxiantheories

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