| A New View of Economic Growth Revised Edition Contributor(s): Scott, Maurice Fitzgerald (Author) |
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ISBN: 0198287429 ISBN-13: 9780198287421 Publisher: Oxford University Press, USA OUR PRICE: $100.70 Product Type: Paperback - Other Formats Published: August 1991 * Not available - Not in print at this time * |
| Additional Information |
| BISAC Categories: - Business & Economics | Economics - Theory - Science | Life Sciences - Botany |
| Dewey: 338.9 |
| Lexile Measure: 1490 |
| Physical Information: 1.19" H x 6.19" W x 9.19" (1.92 lbs) 646 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Traditional economic theories explain the level and growth of output by three main variables: employment, the capital stock, and technical progress. This book presents a major new theory of economic growth which explains changes in output over a given period and uses only employment growth and rate of investment as the main explanatory variables. The author also demonstrates how this theory can be used to explain why growth rates differ between different countries and periods, and why shares of wages and profits differ. |