The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems
- List Price: $145.00
- Binding: Hardcover
- Publisher: Greenwood Pub Group
- Publish date: 12/01/1999
Description:
A study of economic dynamics and evolution, extending results obtained in the theory of aggregate investment in closed economic systems into open economic systems under neo-Keynesian conditions. Chapters explain the neo-Keynesian theory of aggregate investment in open economic systems and use some lessons from the theory to examine economic growth and development, then discuss the relationship between aggregate investment theory and aggregate economic planning. Measures of openness, capital accumulation and endogenous growth, and endogenous technical progress are examined.
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