Description

The Economics of Demand-Led Growth is a collection of specially written essays that develop and apply the theory of demand-led growth.

Long-run growth is usually portrayed as a supply-determined process. The contributions to this volume, however, are rooted in the theory of demand-led growth. In addition to general discussions of the role of demand in the long-run, the volume contains essays in the Kaldorian and Kaleckian traditions, and a section on the relationship between demand-led growth and structural change. The conclusion reached is that current neglect of the role of demand in analyses of long-run growth is unwarranted.

This book will prove indispensable to academic economists and graduate students in economics for its contributions to the field of macrodynamics and, in particular, its development of non-neoclassical approaches to macrodynamics.

The Economics of Demand-Led Growth: Challenging the Supply-side Vision of the Long Run

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Hardback by Mark Setterfield

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The Economics of Demand-Led Growth is a collection of specially written essays that develop and apply the theory of demand-led... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 26/06/2002
    ISBN13: 9781840641776, 978-1840641776
    ISBN10: 1840641770

    Number of Pages: 320

    Non Fiction , Business, Finance & Law

    Description

    The Economics of Demand-Led Growth is a collection of specially written essays that develop and apply the theory of demand-led growth.

    Long-run growth is usually portrayed as a supply-determined process. The contributions to this volume, however, are rooted in the theory of demand-led growth. In addition to general discussions of the role of demand in the long-run, the volume contains essays in the Kaldorian and Kaleckian traditions, and a section on the relationship between demand-led growth and structural change. The conclusion reached is that current neglect of the role of demand in analyses of long-run growth is unwarranted.

    This book will prove indispensable to academic economists and graduate students in economics for its contributions to the field of macrodynamics and, in particular, its development of non-neoclassical approaches to macrodynamics.

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