The Impact of Science on Economic Growth and its Cycles: The Mathematical Dynamics Determined by the Basic Macroeconomic Facts
The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Berlin, Heidelberg
Springer Berlin Heidelberg
1998
|
| Ausgabe: | 1st ed. 1998 |
| Schriftenreihe: | Lecture Notes in Economics and Mathematical Systems
464 |
| Schlagworte: | |
| Online-Zugang: | BTU01 Volltext |
| Zusammenfassung: | The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly varying lengths, not any stochastic process as usually applied for this purpose. Furthermore, a special extended value function and generalized human capital are needed for a correct representation of scientific and technological innovation. Finally, the correct nonlinear macroeconomic dynamics are not reducible to microeconomics, for both of the above mentioned reasons |
| Beschreibung: | 1 Online-Ressource (IX, 204 p) |
| ISBN: | 9783642958618 |
| DOI: | 10.1007/978-3-642-95861-8 |
Internformat
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| 245 | 1 | 0 | |a The Impact of Science on Economic Growth and its Cycles |b The Mathematical Dynamics Determined by the Basic Macroeconomic Facts |c by Arvid Aulin |
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| discipline | Mathematik Wirtschaftswissenschaften |
| discipline_str_mv | Mathematik Wirtschaftswissenschaften |
| doi_str_mv | 10.1007/978-3-642-95861-8 |
| edition | 1st ed. 1998 |
| format | Electronic eBook |
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| indexdate | 2024-07-10T08:56:09Z |
| institution | BVB |
| isbn | 9783642958618 |
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| spelling | Aulin, Arvid Verfasser aut The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin 1st ed. 1998 Berlin, Heidelberg Springer Berlin Heidelberg 1998 1 Online-Ressource (IX, 204 p) txt rdacontent c rdamedia cr rdacarrier Lecture Notes in Economics and Mathematical Systems 464 The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly varying lengths, not any stochastic process as usually applied for this purpose. Furthermore, a special extended value function and generalized human capital are needed for a correct representation of scientific and technological innovation. Finally, the correct nonlinear macroeconomic dynamics are not reducible to microeconomics, for both of the above mentioned reasons Economic Growth Economic growth Konjunkturzyklus (DE-588)4032134-4 gnd rswk-swf Mathematisches Modell (DE-588)4114528-8 gnd rswk-swf Wachstumsmodell (DE-588)4127141-5 gnd rswk-swf Innovationszyklus (DE-588)4274178-6 gnd rswk-swf Wirtschaftswachstum (DE-588)4066527-6 gnd rswk-swf Konjunkturzyklus (DE-588)4032134-4 s Wirtschaftswachstum (DE-588)4066527-6 s Mathematisches Modell (DE-588)4114528-8 s DE-604 Innovationszyklus (DE-588)4274178-6 s Wachstumsmodell (DE-588)4127141-5 s Erscheint auch als Druck-Ausgabe 9783540647270 Erscheint auch als Druck-Ausgabe 9783642958625 https://doi.org/10.1007/978-3-642-95861-8 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Aulin, Arvid The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts Economic Growth Economic growth Konjunkturzyklus (DE-588)4032134-4 gnd Mathematisches Modell (DE-588)4114528-8 gnd Wachstumsmodell (DE-588)4127141-5 gnd Innovationszyklus (DE-588)4274178-6 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd |
| subject_GND | (DE-588)4032134-4 (DE-588)4114528-8 (DE-588)4127141-5 (DE-588)4274178-6 (DE-588)4066527-6 |
| title | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts |
| title_auth | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts |
| title_exact_search | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts |
| title_exact_search_txtP | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts |
| title_full | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin |
| title_fullStr | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin |
| title_full_unstemmed | The Impact of Science on Economic Growth and its Cycles The Mathematical Dynamics Determined by the Basic Macroeconomic Facts by Arvid Aulin |
| title_short | The Impact of Science on Economic Growth and its Cycles |
| title_sort | the impact of science on economic growth and its cycles the mathematical dynamics determined by the basic macroeconomic facts |
| title_sub | The Mathematical Dynamics Determined by the Basic Macroeconomic Facts |
| topic | Economic Growth Economic growth Konjunkturzyklus (DE-588)4032134-4 gnd Mathematisches Modell (DE-588)4114528-8 gnd Wachstumsmodell (DE-588)4127141-5 gnd Innovationszyklus (DE-588)4274178-6 gnd Wirtschaftswachstum (DE-588)4066527-6 gnd |
| topic_facet | Economic Growth Economic growth Konjunkturzyklus Mathematisches Modell Wachstumsmodell Innovationszyklus Wirtschaftswachstum |
| url | https://doi.org/10.1007/978-3-642-95861-8 |
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