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

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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ConditionBrand New
EAN9780444512253
UPC9780444512253
ISBN9780444512253
Book TitleDynamics of Endogenous Economic Growth: A Case Stu
Item Length21.6 cm
Publication Year2003
TypeTextbook
FormatHardcover
LanguageEnglish
Publication NameDynamics of Endogenous Economic Growth: a Case Study of the Romer Model
Item Height234 mm
AuthorGordon B. Schmidt
PublisherEmerald Publishing Limited
SubjectEconomics
Item Weight886 g
Item Width156 mm
Number of Pages508 Pages

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