Beyond the Steady State: A Revival of Growth Theory

Abstract

Part 1 An overview: the classical dynamics of surplus and accumulation, Vivian C.Walsh. Part 2 Demand-determined growth: some notes for an analysis of accumulation, Pierangelo Garegnani accumulation, effective demand, and income distribution, Heinz D.Kurz demand equilibrium, Edward J. Nell. Part 3 Technical change: transformational growth - mass production and the multiplier, Edward J. Nell optimal choice of technique and biased technical change, David Laibman classical competitive dynamics and technical change, Peter Flaschel and Willi Semmler. Part 4 Traverse: an introduction to the traverse in economic theory, Joseph Halevi and Peter Kreisler traverse analysis in a post-classical model, Harald Hagemann accumulation and structural disequilibrium, Joseph Halevi. Part 5 Growth cycles: a dynamic analysis of industrial capitalism, Richard M.Goodwin dynamic behaviour in a two-sector classical model, Marc Jarsulic cyclical growth and intersectoral dynamics, David Laibman bifurcation in the theory of economic growth, Badal Mukherji.

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