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Transitional Dynamics and Economic Growth in Developing Countries. 発展途上国における移行の動学と経済成長
・ISBN 978-3-540-67563-1 soft EUR 49.99
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| 著者・編者 | Steger, Thomas, |
|---|---|
| シリーズ | Lecture Notes in Economics and Mathematical Systems |
| 出版社 | (Springer, GW) |
| 出版年月 | 2000 |
| ページ数 | viii, 148 pp. |
| 言語 | ENG |
| ニュース番号 | ＜469-268＞ |
解説
Four stylised facts of aggregate economic growth are set up initially. The growth process is interpreted to represent transitional dynamics rather than balanced-growth equilibria. Against this background, the fundamental importance of subsistence consumption is comprehensively analysed. Subsequently, the meaning of the productive-consumption hypothesis for the intertemporal consumption trade-off and the growth process is investigated. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables.