Dynamics of Endogenous Economic Growth
A Case Study of the Romer Model
Format:Hardback
Publisher:Emerald Publishing Limited
Published:15th Apr '03
Currently unavailable, and unfortunately no date known when it will be back
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".
...Examines the transitional dynamics, from some initial state toward a steady-state equilibrium, of the endogenous growth model presented in Paul Romer's 1990 Journal of Political Economy article entitled "Endogenous Technological Change." Journal of Economic Literature, 2004
ISBN: 9780444512253
Dimensions: 234mm x 156mm x 28mm
Weight: 886g
508 pages