Dynamics of Endogenous Economic Growth - A Case Study of the Romer Model (Abridged, Hardcover, Abridged edition)

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."

General

Imprint:	Elsevier Science Ltd
Country of origin:	United Kingdom
Series:	Contributions to Economic Analysis
Release date:	April 2003
First published:	2003
Editors:	Gordon B. Schmidt
Dimensions:	234 x 156 x 28mm (L x W x T)
Format:	Hardcover
Pages:	508
Edition:	Abridged edition
ISBN-13:	978-0-444-51225-3
Categories:	Books > Business & Economics > Economics > Economic theory & philosophy
LSN:	0-444-51225-X
Barcode:	9780444512253

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