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This book is 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. The methods comprise linearisation, phase-space analysis and a variety of numerical integration techniques. In particular, the book provides a detailed examination of the transitional dynamics (the movement from some current state towards a steady-state equilibrium) of the influential endogenous growth model from Paul Romer's 1990 Journal of Political Economy article: "Endogenous Technological Change."
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Condition | Brand New |
EAN | 9780444512253 |
UPC | 9780444512253 |
ISBN | 9780444512253 |
Book Title | Dynamics of Endogenous Economic Growth: A Case Stu |
Item Length | 21.6 cm |
Publication Year | 2003 |
Type | Textbook |
Format | Hardcover |
Language | English |
Publication Name | Dynamics of Endogenous Economic Growth: a Case Study of the Romer Model |
Item Height | 234 mm |
Author | Gordon B. Schmidt |
Publisher | Emerald Publishing Limited |
Subject | Economics |
Item Weight | 886 g |
Item Width | 156 mm |
Number of Pages | 508 Pages |
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