Economic Growth
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The Economic Growth Engine
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Author : Robert U. Ayres
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
The Economic Growth Engine written by Robert U. Ayres and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Business & Economics categories.
It gives me great pleasure to review this important book. I recommend it highly to any physicist with an interest or curiosity about this economy thing within which we operate. . . There is no excuse not to get this invaluable volume onto your bookshelf. Simon Roberts, Institute of Physics Energy Group This book addresses a very important topic, namely economic growth analysis from the angle of energy and material flows. The treatment is well balanced in terms of research and interpretation of the broader literature. The book not only contains a variety of empirical indicators, statistical analyses and insights, but also offers an unusually complete and pluralistic view on theorizing about economic growth and technological change. This results in a number of refreshing perspectives on known ideas and literatures. The text is so attractively written that I found it very difficult to stop reading. All in all, this is a very original and important contribution to the everlasting debate on growth versus environment. Jeroen C.J.M. van den Bergh, University of Barcelona, Spain and Free University, Amsterdam, The Netherlands Would you want your great-grandchildren in 2100AD to have a 22nd-century industrial economy? If so, read this book to grasp how strongly wealth depends on energy and its efficient use. Start treating fossil energy not as continuing income, but as one-time energy capital to spend on efficiency and long-term sustainable energy production. Otherwise, your descendants will inherit a broken 20th-century economy that only worked with cheap fossil fuels. They will not be rich and they will wonder what their ancestors were thinking. John R. Mashey, PhD, former Chief Scientist, Silicon Graphics Current economic theory attributes most income growth to technical progress. However, since technical progress can neither be defined nor measured, no one really knows what policies will encourage income growth. Ayres and Warr show that access to useful work, which can be defined and measured, explain the bulk of post-1900 income changes in Japan, Britain and the USA. They see rising real prices for fossil fuel and stagnating efficiencies of converting raw energy into useful work as a threat to continued income growth. This brilliant and original work has profound policy implications for future income growth without significant improvements in energy conversion efficiency. Thomas Casten, Chairman, Recycled Energy Development LLC Following the up-and-down energy shock of 2008, Ayres and Warr offer a unique analysis critical to our economic future. They argue that useful work produced by energy and energy services is far more important to overall GDP growth than conventional economic theory assumes. Their new theory, based on extensive empirical and theoretical analysis, has important implications for economists, businessmen and policymakers for anybody concerned with our economic future. Ayres and Warr argue persuasively that economic growth is not only endogenous but has been driven for the past two centuries largely by the declining effective cost of energy. If their new theory is correct, the inevitable future rise of the real cost of energy (beyond the $147 oil price peak in July 2008), could halt economic growth in the US and other advanced countries unless we dramatically improve energy with technology. J. Paul Horne, independent international market economist The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics. The authors take a realistic approach to explaining the relationship between technological progress, thermodynamic efficiency and economic growth. Their findings are a step toward the integration of neo-classical and evolutionary perspectives on endogenous economic growth, concluding in a fundam
Explaining Economic Growth
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Author : David Lim
language : en
Publisher: Edward Elgar Publishing
Release Date : 1996-01-01
Explaining Economic Growth written by David Lim and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-01 with Business & Economics categories.
The author presents a new analytical framework for explaining the different growth performances of developing countries, allowing for a series of policy-oriented conclusions. The book is aimed at both undergraduate and postgraduate level.
Singapore S Economic Development Retrospection And Reflections
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Author : Linda Y C Lim
language : en
Publisher: World Scientific
Release Date : 2015-12-30
Singapore S Economic Development Retrospection And Reflections written by Linda Y C Lim and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-30 with Business & Economics categories.
Singapore is known internationally for its successful economic development. Key to its economic successes is a variety of policies put into place over the past 50 years since its independence. Singapore's Economic Development: Retrospection and Reflections provides a retrospective analysis of independent Singapore's economic development, from the perspective of different policy domains each considered by different expert scholars in that particular field.The book is written by academic economists in a style that is accessible to non-experts. Each chapter includes reviews of past scholarship, current data on each policy area, and reflections on required or desirable future policy changes and outcomes.By examining the evolution of past and current policies which combined to make Singapore's development a success and exploring emerging developmental challenges, Singapore's Economic Development: Retrospection and Reflections gives readers a better understanding of Singapore's economic trajectory and future.
Essays In The Theory Of Economic Growth
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Author : Joan Robinson
language : en
Publisher: New York, St. Martin's P
Release Date : 1962
Essays In The Theory Of Economic Growth written by Joan Robinson and has been published by New York, St. Martin's P this book supported file pdf, txt, epub, kindle and other format this book has been release on 1962 with Economic development categories.
Economic Growth Of Singapore In The Twentieth Century Historical Gdp Estimates And Empirical Investigations
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Author : Ichiro Sugimoto
language : en
Publisher: World Scientific
Release Date : 2011-01-12
Economic Growth Of Singapore In The Twentieth Century Historical Gdp Estimates And Empirical Investigations written by Ichiro Sugimoto and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-01-12 with Business & Economics categories.
Research on Singapore's economic history has been complicated by the absence of economic data on pre-independence Singapore. This book aims to fill the gap by presenting a time-series of historical GDP estimates for the periods 1900-39 and 1950-60. The new data presented in the book sheds light on two key aspects of Singapore's economic history, namely the relationship between economic instability and growth, as well as the government's fiscal policy towards economic growth. As the first comprehensive empirical economic history of twentieth-century Singapore, this book is a valuable reference source for academics and graduate students interested in development and empirical economics.
Economic Growth
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Author : Edward A. Hudson
language : en
Publisher: Vernon Press
Release Date : 2020-10-06
Economic Growth written by Edward A. Hudson and has been published by Vernon Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-06 with Business & Economics categories.
How does economic growth work? Beginning with the history of leading countries over the past 2000 years, Economic Growth finds which countries have achieved sustained growth and how they did it. The effects of growth are examined on a human scale. The benefits of growth are enormous in terms of life, health, education, leisure and opportunity, while the downsides can be managed by appropriate policies. Economic Growth develops a new theory of growth. This new theory is based on careful analysis of actual growth; it covers the causes and mechanisms as well as the results of growth. This new theory extends conventional theory by operating at the industry level and by placing demand considerations at the forefront of growth. Demand growth – based on product innovation, marketing, credit and the consumer society – drives the economy forward while supply growth – based on investment and process innovation – sustains the growth in spending and incomes. Growth is not automatic but, in the right conditions, demand and supply expansion work together to generate sustained growth. Economic Growth offers a new view of growth, unique in its combination of historical depth, intellectual clarity and practical relevance. Its original insights will interest academic and professional economists, while its comprehensive treatment and lucid explanations make it an excellent guidebook for anyone interested in economic growth.
The Mosaic Of Economic Growth
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Author : Ralph Landau
language : en
Publisher: Stanford University Press
Release Date : 1996
The Mosaic Of Economic Growth written by Ralph Landau and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Political Science categories.
A collection presenting the views of some of the world's most distinguished economists on long-term economic growth
Economic Growth
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Author : Philip Arestis
language : en
Publisher: Edward Elgar Publishing
Release Date : 2007-01-01
Economic Growth written by Philip Arestis and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-01-01 with Business & Economics categories.
Focuses on the nature, causes and features of economic growth across a range of countries and regions. This title covers a variety of growth related topics - from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies. This enlightening and significant new volume focuses on the nature, causes and features of economic growth across a wide range of countries and regions. Covering a variety of growth related topics - from theoretical analyses of economic growth in general to empirical analyses of growth in the OECD, transition economies and developing economies - the distinguished cast of contributors address some of the most important contemporary issues and developments in the field. These include, amongst others: endogenous growth theory, Keynesian theories of the business cycle and growth, unemployment and growth, FDI and productivity spillovers, and knowledge externalities and growth. This useful analysis of the many facets of economic growth will be an essential read for those interested in economic theory and economic policy-making, as well as students and scholars of macroeconomics and finance.
Economic Growth And Development
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Author : Olivier La Grandville
language : en
Publisher: Emerald Group Publishing
Release Date : 2011-12-12
Economic Growth And Development written by Olivier La Grandville and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-12 with Business & Economics categories.
Since the very beginnings of economics as a science, which might be dated from Ibn Khaldun's "Introduction to History" (1377), the challenge of making societies escape from poverty and attain some degree of prosperity has always been, and can remain, a fundamental issue. This book presents research on each of these issues.
Economic Growth Second Edition
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Author : Robert J. Barro
language : en
Publisher: MIT Press
Release Date : 2003-10-10
Economic Growth Second Edition written by Robert J. Barro and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-10-10 with Business & Economics categories.
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.