The Origins of Economic Growth - The Fundamental Interaction between Material and Nonmaterial Values (Paperback, Softcover reprint of the original 1st ed. 1997)

Dealing with factors affecting economic growth in knowledge-based societies, the author shows that the interaction between material and nonmaterial values is the ultimate source of all economic growth. The model thus developed predicts the quantitative facts concerning business cycles better than the conventional real-cycle models, while also producing a new growth path whose existence is verified by empirical facts. The results provide strong evidence of the economic relevance of nonmaterial values, and also prompt a new view of the stochastic elements in the business cycles.

General

Imprint:	Springer-Verlag
Country of origin:	Germany
Release date:	September 2011
First published:	1997
Authors:	Arvid Aulin
Dimensions:	235 x 155 x 13mm (L x W x T)
Format:	Paperback
Pages:	234
Edition:	Softcover reprint of the original 1st ed. 1997
ISBN-13:	978-3-642-64520-4
Categories:	Books > Business & Economics > Economics > General
LSN:	3-642-64520-8
Barcode:	9783642645204

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