This comprehensive work explores theories of economic growth through analysis of mathematical models. The authors construct and discuss several economic growth models, beginning with a one-sector model and progressing to a two-sector and finally multi-sector models with many capital goods. The economic basis and implications of the mathematical models are stressed. The authors place particular emphasis on subjects such as induced technological change; theorems regarding factor-augmenting technical change; reswitching of techniques and paradoxical behaviour in capital theory; price-quantity duality relations; and optimal economic growth.
- ISBN10 0751201774
- ISBN13 9780751201772
- Publish Date 23 September 1993
- Publish Status Out of Print
- Out of Print 4 April 2006
- Publish Country GB
- Publisher Taylor & Francis Ltd
- Imprint Gregg Revivals
- Edition New edition
- Format Hardcover
- Pages 464
- Language English