Ricardo's Theory of Growth and Accumulation

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Author :
Publisher : Routledge
ISBN 13 : 1000088863
Total Pages : 124 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Ricardo's Theory of Growth and Accumulation by : Neri Salvadori

Download or read book Ricardo's Theory of Growth and Accumulation written by Neri Salvadori and published by Routledge. This book was released on 2020-04-22 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the Napoleonic Wars Britain found itself faced with a stagnant economy. Economist David Ricardo believed that the full re-integration of Britain into the world market would allow for both capital accumulation and population growth, and used arguments that anticipate ideas entertained in modern contributions to the theory of economic growth and development. However, several of these arguments have not yet been translated into the language of modern classical economics. Ricardo’s Theory of Growth and Accumulation seeks to overcome this striking lacuna. The latest entry in the Graz Schumpeter lecture series, this text explores and elaborates Ricardo’s arguments and the models utilized by those who subsequently followed in support of his work. The Ricardian system is first examined through a one-sector economy, following Kaldor’s model, and a two-sector economy, following Pasinetti’s model. These building blocks are developed through the exploration of a small open economy, which allows an analysis of the impact of international trade in exceedingly simple circumstances. This discussion expands further by considering the world economy. More sophisticated variants of the two-sector model are presented, in which commodity prices are endogenously determined by the trading interplay amongst several countries. A final analysis makes Ricardo’s case by introducing accumulation in the world economy. This book is of interest to students and scholars of Ricardo, classical economics, and – more broadly – growth theory, the theory of international economics, and globalization. The author was keen to render the analytical parts compelling to the historian and the historical parts compelling to the theorist.

Ricardo and the Theory of Value Distribution and Growth

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Publisher : Routledge
ISBN 13 : 1135033374
Total Pages : 280 pages
Book Rating : 4.1/5 (35 download)

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Book Synopsis Ricardo and the Theory of Value Distribution and Growth by : Giovanni A. Caravale

Download or read book Ricardo and the Theory of Value Distribution and Growth written by Giovanni A. Caravale and published by Routledge. This book was released on 2013-04-15 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book presents a rigorous reconstruction of Ricardo's contribution to economic theory and a unifying interpretation of the key issues of Ricardo's research. Part One deals primarily with the problems of value and distribution Part Two deals specifically with the issues of distribution and growth. * Contemporary economic literature in the fields of value, distribution and growth is witnessing a renewed interest in the approach of the classical school, notably in the work of David Ricardo.

Theories of Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 388 pages
Book Rating : 4.:/5 (43 download)

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Book Synopsis Theories of Economic Growth by : Bert Frank Hoselitz

Download or read book Theories of Economic Growth written by Bert Frank Hoselitz and published by . This book was released on 1961 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Papers ... of a seminar held at Dartmouth College in July and August of 1956." Includes bibliographical references. Mercantilist and physiocratic growth theory, by J.J. Spengler.--Adam Smith and David Ricardo on economic growth, by J.M. Letiche.--The theory of economic growth in the English classical school, by E. McKinley.--John Stuart Mill on economic development, by J.J. Spengler.--Toward a theory of economic growth: the neoclassical contribution, by J. Buttrick.--Theories of stages of economic growth, by B.F. Hoselitz.--Contemporary theorizing on economic growth, by H.J. Bruton.

Development Theory and the Economics of Growth

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Publisher : University of Michigan Press
ISBN 13 : 9780472088478
Total Pages : 452 pages
Book Rating : 4.0/5 (884 download)

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Book Synopsis Development Theory and the Economics of Growth by : Jaime Ros

Download or read book Development Theory and the Economics of Growth written by Jaime Ros and published by University of Michigan Press. This book was released on 2001 with total page 452 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why are some countries richer than others? Why do some economies grow so much faster than others do? Do economies tend to converge at similar levels of per capita income? Or is catching up simply impossible? These questions have vast implications for human welfare. After a period of lack of interest in growth theory, they are back on the research agenda of mainstream economics. They have also been at the heart of development economics since its inception some decades ago. This book endeavors to answer such questions by blending classical contributions to development theory with recent developments in the economics of growth. The unifying theme is that early theoretical insights and accumulated empirical knowledge of development economics have much to offer to research in the theory and empirics of economic growth. With the help of a number of recent contributions, the ideas and insights of the classical literature in development economics can be given simple and rigorous formulations. Together, they amount to an approach to growth theory that can overcome the long-recognized empirical shortcomings of neoclassical growth economics, while being free from the objections that can be raised against the new brand of endogenous growth theory. In addition to an original thesis on the contribution that early development theory can make to the research program of modern growth economics, the book provides professional and research economists and graduate students with an evaluation of the strengths and limitations of the different strands of inquiry in the modern economics of growth. In addition it presents findings on comparative growth performance across countries. Jaime Ros is Professor of Economics and Faculty Fellow of the Helen Kellogg Institute of International Studies, University of Notre Dame.

On the Principles of Political Economy, and Taxation

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Publisher :
ISBN 13 :
Total Pages : 566 pages
Book Rating : 4.R/5 (3 download)

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Book Synopsis On the Principles of Political Economy, and Taxation by : David Ricardo

Download or read book On the Principles of Political Economy, and Taxation written by David Ricardo and published by . This book was released on 1821 with total page 566 pages. Available in PDF, EPUB and Kindle. Book excerpt:

David Ricardo

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Publisher : Cambridge University Press
ISBN 13 : 9780521402989
Total Pages : 92 pages
Book Rating : 4.4/5 (29 download)

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Book Synopsis David Ricardo by : David Ricardo

Download or read book David Ricardo written by David Ricardo and published by Cambridge University Press. This book was released on 1992-05-07 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book completes the record on Ricardian value theory and fills the last gap in our knowledge of the development of Ricardo's thinking.

David Ricardo

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Publisher : Taylor & Francis
ISBN 13 : 9780415063807
Total Pages : 686 pages
Book Rating : 4.0/5 (638 download)

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Book Synopsis David Ricardo by : John Cunningham Wood

Download or read book David Ricardo written by John Cunningham Wood and published by Taylor & Francis. This book was released on 1991 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Classical Theory of Economic Growth

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Publisher :
ISBN 13 :
Total Pages : 396 pages
Book Rating : 4.:/5 (42 download)

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Book Synopsis The Classical Theory of Economic Growth by : Walter Eltis

Download or read book The Classical Theory of Economic Growth written by Walter Eltis and published by . This book was released on 1984 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Walter Eltis's classic account of the theories of growth and distribution of Frangois Quesnay, Adam Smith, Robert Malthus, David Ricardo and Karl Marx is reprinted with a substantial new Introduction setting the work in a broader context.

A Brief History of Economic Thought

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Publisher : Cambridge University Press
ISBN 13 : 110717533X
Total Pages : 321 pages
Book Rating : 4.1/5 (71 download)

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Book Synopsis A Brief History of Economic Thought by : Alessandro Roncaglia

Download or read book A Brief History of Economic Thought written by Alessandro Roncaglia and published by Cambridge University Press. This book was released on 2017-09-14 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: A clear and concise history of economic thought, developed from the author's award-winning book, The Wealth of Ideas.

Unified Growth Theory

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Publisher : Princeton University Press
ISBN 13 : 140083886X
Total Pages : 344 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Unified Growth Theory by : Oded Galor

Download or read book Unified Growth Theory written by Oded Galor and published by Princeton University Press. This book was released on 2011-04-11 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: For most of the vast span of human history, economic growth was all but nonexistent. Then, about two centuries ago, some nations began to emerge from this epoch of economic stagnation, experiencing sustained economic growth that led to significant increases in standards of living and profoundly altered the level and distribution of wealth, population, education, and health across the globe. The question ever since has been--why? This is the first book to put forward a unified theory of economic growth that accounts for the entire growth process, from the dawn of civilization to today. Oded Galor, who founded the field of unified growth theory, identifies the historical and prehistorical forces behind the differential transition timing from stagnation to growth and the emergence of income disparity around the world. Galor shows how the interaction between technological progress and population ultimately raised the importance of education in coping with the rapidly changing technological environment, brought about significant reduction in fertility rates, and enabled some economies to devote greater resources toward a steady increase in per capita income, paving the way for sustained economic growth. Presents a unified theory of economic growth from the dawn of civilization to today Explains the worldwide disparities in living standards and population we see today Provides a comprehensive overview of the three phases of the development process Analyzes the Malthusian theory and its empirical support Examines theories of demographic transition and their empirical significance Explores the interaction between economic development and human evolution

The Classical Theory of Economic Growth

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Author :
Publisher : Springer
ISBN 13 : 023059820X
Total Pages : 419 pages
Book Rating : 4.2/5 (35 download)

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Book Synopsis The Classical Theory of Economic Growth by : W. Eltis

Download or read book The Classical Theory of Economic Growth written by W. Eltis and published by Springer. This book was released on 2016-01-18 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an account of the theories of growth and distribution of Francois Quesnay, Adam Smith, Robert Malthus, David Ricardo and Karl Marx. This edition has a new introduction setting the work in a broader context. The author shows how each developed the work of his predecessors.

Monetary Growth Theory

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Publisher : Routledge
ISBN 13 : 1134043724
Total Pages : 395 pages
Book Rating : 4.1/5 (34 download)

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Book Synopsis Monetary Growth Theory by : Wei-Bin Zhang

Download or read book Monetary Growth Theory written by Wei-Bin Zhang and published by Routledge. This book was released on 2009 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 Money and growth theory -- chapter 2 Money as a store of value -- chapter 3 Money in utility and production functions -- chapter 4 Money-in-advance approaches -- chapter 5 Unemployment and money -- chapter 6 Preference change and habit formation -- chapter 7 Monetary growth with urban structure -- chapter 8 Money in multi-regional and growth economies -- chapter 9 Money, growth, and international trade -- chapter 10 Money and economic complexity.

The Elgar Companion to David Ricardo

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Publisher : Edward Elgar Publishing
ISBN 13 : 1784715484
Total Pages : 672 pages
Book Rating : 4.7/5 (847 download)

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Book Synopsis The Elgar Companion to David Ricardo by : Heinz D. Kurz

Download or read book The Elgar Companion to David Ricardo written by Heinz D. Kurz and published by Edward Elgar Publishing. This book was released on 2015-05-29 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: Arguably one of the most important economists who has lived, Ricardo's impact on the economics profession is immense. This unique and comprehensive Companion elucidates his significance and continuing legacy. Ricardo made major contributions to all fields of the subject, from monetary issues to value and income distribution, from capital accumulation, technical progress and economic growth to foreign trade and international specialisation, and from taxes to public debt. What he called the main problem of political economy, the distribution of income and wealth, is again back on the political and economic agenda with a vengeance. Leading experts in the field explore his influence and offer novel interpretations of received doctrines.

The Theory of Capital

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Publisher : Springer
ISBN 13 : 1349084522
Total Pages : 419 pages
Book Rating : 4.3/5 (49 download)

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Book Synopsis The Theory of Capital by : D C Hagued

Download or read book The Theory of Capital written by D C Hagued and published by Springer. This book was released on 1961-01-01 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Neo-Ricardian Theory

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Publisher : Springer Science & Business Media
ISBN 13 : 3642463738
Total Pages : 169 pages
Book Rating : 4.6/5 (424 download)

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Book Synopsis Neo-Ricardian Theory by : B. Näslund

Download or read book Neo-Ricardian Theory written by B. Näslund and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last fifteen years certain very fundamental aspects of economic theory have been very actively debated. The debate has often been called the Cambridge controversy, since the main parti cipants in the debate come from Cambridge, USA and Cambridge, Eng land. In this debate certain important foundations of economic theory have been criticized which are specifically important for understand ing price formation and income distribution. An important starting point has been Sraffa's extensions of Ricardo's theory and one has therefore sometimes called those neo-Ricardians, who have based themselves on Sraffa's work. We shall deal with some important issues that have been debated, and we shall try to describe a rather complete theoretical construction which will be an alternative to neo-classical theory. A special problem relates to the title of the book and classification of authocs to whom we refer. Perhaps post-Keynesian would sometimes be a better label than neo-Ricardian. We have used the latter name for the book due to its large emphasis on Sraffa's work. To understand the main parts of the book only basic algebra and calculus are necessary.

The General Economic Theory

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Publisher : Springer Nature
ISBN 13 : 3030562042
Total Pages : 351 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis The General Economic Theory by : Wei-Bin Zhang

Download or read book The General Economic Theory written by Wei-Bin Zhang and published by Springer Nature. This book was released on 2020-08-27 with total page 351 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a general economic theory that integrates various economic theories and ideas and establishes important relationships between economic variables that are not formally recognized in the economic literature. The author demonstrates how the basic model is integrated with neoclassical growth theory, Walrasian general equilibrium theory, and Ricardian distribution theory, and how these theories can be incorporated through a single set of equations with a microeconomic basis. The book offers new insights into income and wealth distribution between heterogeneous households, racial and national differences in growth and development, interdependence between different stock variables with portfolio choices among different markets. It will appeal to scholars of economists interested in an integrative theoretical approach to this discipline.

David Ricardo

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Publisher : Psychology Press
ISBN 13 : 9780415087179
Total Pages : 488 pages
Book Rating : 4.0/5 (871 download)

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Book Synopsis David Ricardo by : John Cunningham Wood

Download or read book David Ricardo written by John Cunningham Wood and published by Psychology Press. This book was released on 1994 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: These volumes complete the project of the earlier assessments by making available the many major articles which have appeared subsequently, including the different re-interpretations by Piero Sraffa, Paul Samuelson and Samuel Hollander.