Dynamics of Endogenous Economic Growth - A Case Study of the Romer Model

Klappentext 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, this book provides an examination of the transitional dynamics of the influential endogenous growth model. Zusammenfassung 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! this book provides an examination of the transitional dynamics of the influential endogenous growth model. Inhaltsverzeichnis The Romer model - development of the dynamic system; dynamic behavior of the system; linearisation! phase space analysis! and development of an abridged model; numerical integration; economic welfare and policy issues; concluding remarks and policy implications.

Product details

• Authors: G. Schmidt, G. W Schmidt, Gordon W Schmidt, Gordon W. Schmidt
• Assisted by: Gordon B. Schmidt (Editor), Gordon W. Schmidt (Editor)
• Publisher: ELSEVIER SCIENCE BV
• Languages: English
• Product format: Hardback
• Released: 15.04.2003
• EAN: 9780444512253
• ISBN: 978-0-444-51225-3
• No. of pages: 508
• Series: Contributions to Economic Anal
• Subject: Social sciences, law, business > Business > Miscellaneous