The Uzawa-Lucas Endogenous Growth Model (ePub)
(Sprache: Englisch)
Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable...
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Using state of the art mathematical techniques this book provides a complete characterization of the Uzawa-Lucas growth model. In his path-breaking contribution on the 'Mechanics of Economic Growth' Lucas suggested that human capital is the key variable through which technical change is most likely to occur and (by taking some initial intuitions of Uzawa a step further) proposed a two-sector capital accumulation growth model where human capital is allowed to enter a neo-classical-style production structure in multiplicative terms. In this book Paolo Mattana fully explores the dynamic possibilities of the model from both the market and the centralized perspective. A critical evaluation of the inefficiency in the market economy is also provided.
Autoren-Porträt von Paolo Mattana
Paolo Mattana, The University of Cagliari, Italy
Bibliographische Angaben
- Autor: Paolo Mattana
- 2017, 181 Seiten, Englisch
- Verlag: Taylor & Francis
- ISBN-10: 1351144944
- ISBN-13: 9781351144940
- Erscheinungsdatum: 30.11.2017
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
eBook Informationen
- Dateiformat: ePub
- Größe: 50 MB
- Ohne Kopierschutz
- Vorlesefunktion
Sprache:
Englisch
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