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New Growth Approach to Poverty Alleviation

Philippe Aghion and Beatriz Armendáriz de Aghion

in Understanding Poverty

Published in print:
2006
Published Online:
September 2006
ISBN:
9780195305197
eISBN:
9780199783519
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195305191.003.0005
Subject:
Economics and Finance, Development, Growth, and Environmental

This essay attempts to break the divide between growth and development economics. Using the example of India over the past decades, it argues that innovation and/or productivity growth have been main ... More


The Theory of the Growth of the Firm

Edith Penrose

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289777
eISBN:
9780191596759
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198289774.001.0001
Subject:
Economics and Finance, Microeconomics

This book discusses the development of a theory on the growth of the firm. It is shown that the resources with which a particular firm is accustomed to working will shape the productive services its ... More


Aggregate Growth Outcomes

Deepak Lal and H. Myint

in The Political Economy of Poverty, Equity and Growth: A Comparative Study

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198294320
eISBN:
9780191596582
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198294328.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

An examination is made of what can be learnt from the aggregate growth outcomes of the developing country sample analysed in the book, in terms of conventional statistical cross‐country regressions, ... More


Volatility and Growth: AK versus Schumpeterian Approach

Phillippe Aghion and Abhijit Banerjee

in Volatility and Growth

Published in print:
2005
Published Online:
January 2007
ISBN:
9780199248612
eISBN:
9780191714719
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199248612.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

The modern approach to growth, often called ‘new growth theory’, consists of two quite distinct theories. One is the so-called AK approach, which emphasizes the role of capital accumulation. The ... More


The Firm in Theory

Edith Penrose

in The Theory of the Growth of the Firm

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289777
eISBN:
9780191596759
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198289774.003.0002
Subject:
Economics and Finance, Microeconomics

This chapter discusses the nature of the ‘firm’ in the ‘theory of the firm’, to indicate why it provides an unsuitable framework for a theory of the growth of firms. It explores the firm as an ... More


China in a Cross‐Country Growth Perspective

John Knight and Sai Ding

in China's Remarkable Economic Growth

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199698691
eISBN:
9780191739118
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199698691.003.0004
Subject:
Economics and Finance, South and East Asia, Financial Economics

This chapter places China in an international perspective by estimating cross-country growth equations. The chapter is organized as follows. Section 4.2 provides some background on China's growth ... More


A Simple Exposition of Learning by Doing in Endogenous Growth Theory

Dipankar Dasgupta

in Dimensions of Economic Theory and Policy: Essays for Anjan Mukherji

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198073970
eISBN:
9780199081615
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198073970.003.0007
Subject:
Economics and Finance, Microeconomics

This chapter presents a unified framework for understanding the implication of ‘learning by doing’ in endogenous growth models. It considers three different ways in which the concept of ‘learning by ... More


Introduction

Edith Penrose

in The Theory of the Growth of the Firm

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289777
eISBN:
9780191596759
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198289774.003.0001
Subject:
Economics and Finance, Microeconomics

This introductory chapter discusses the development of a theory on the growth of the firm. The theory is first developed as a theory of internal growth, i.e. growth without merger and acquisition. ... More


A Global Economy

Amanda Kay McVety

in Enlightened Aid: U.S. Development as Foreign Policy in Ethiopia

Published in print:
2012
Published Online:
May 2012
ISBN:
9780199796915
eISBN:
9780199933266
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199796915.003.0003
Subject:
History, American History: 20th Century, World Modern History

In the opening decades of the twentieth century, economists challenged racialized conceptions of progress with new theories of economic growth that were (as had been their eighteenth-century ... More


Introduction

Michael H. Best

in The New Competitive Advantage: The Renewal of American Industry

Published in print:
2001
Published Online:
November 2003
ISBN:
9780198297451
eISBN:
9780191595967
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198297459.003.0001
Subject:
Economics and Finance, Economic Systems

Competing perspectives on the role of technology in economic growth are briefly presented. Neoclassical growth theory does not control for technology; the ‘new growth theory’ accounts for new ideas; ... More


Technology, Knowledge, and Growth

Saumen Chattopadhyay

in Education and Economics: Disciplinary Evolution and Policy Discourse

Published in print:
2012
Published Online:
January 2013
ISBN:
9780198082255
eISBN:
9780199082070
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198082255.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter inquires into the different ways in which education can promote technological advancement and spur growth. The new brand of the growth theoretic model seeks to understand the process of ... More


Computable Economics: The Arne Ryde Memorial Lectures

K. Velupillai

Published in print:
2000
Published Online:
November 2003
ISBN:
9780198295273
eISBN:
9780191596988
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0198295278.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

In a discipline such as economics, increasingly devoted to its computational content, the mathematical underpinnings of the computability assumptions of economic fundamentals have not been ... More


Economic Implications of the ‘Revolution’

Michio Morishima

in Theory of Economic Growth

Published in print:
1969
Published Online:
November 2003
ISBN:
9780198281641
eISBN:
9780191596667
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198281641.003.0006
Subject:
Economics and Finance, Development, Growth, and Environmental

The neoclassical model so far examined in the book assumes, among other things: (a) that firms can be classified into two or several industries, each producing a single output; (b) that capital goods ... More


The Productive Opportunity of The Firm and The ‘Entrepreneur’

Edith Penrose

in The Theory of the Growth of the Firm

Published in print:
1995
Published Online:
November 2003
ISBN:
9780198289777
eISBN:
9780191596759
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198289774.003.0003
Subject:
Economics and Finance, Microeconomics

This chapter examines the nature of ‘enterprise’ and indicates its significance and role in the analysis. Enterprise or ‘entrepreneurship’ is a difficult concept to work into formal economic ... More


Modern Growth Theory

Dipankar Dasgupta

Published in print:
2010
Published Online:
October 2012
ISBN:
9780198069966
eISBN:
9780199080458
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198069966.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

This book is about growth theory, an important subject taught as a part of economic theory. It introduces the literature on growth and inequality and examines Charles Jones’s views on growth ... More


Capitalism as Creative, Chaotic Evolution by Structural Change

Richard M. Goodwin

in Chaotic Economic Dynamics

Published in print:
1990
Published Online:
November 2003
ISBN:
9780198283355
eISBN:
9780191596315
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198283350.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

As in meteorology, prediction in economics is hampered by highly irregular, chaotic dynamics. A two‐sector model is employed to examine the complementary growth theories of Schumpeter and Keynes ... More


Education and Economics: An Introduction

Saumen Chattopadhyay

in Education and Economics: Disciplinary Evolution and Policy Discourse

Published in print:
2012
Published Online:
January 2013
ISBN:
9780198082255
eISBN:
9780199082070
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198082255.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter delineates the broad contours of the book, beginning with a theoretical overview of the human capital theory, the endogenous growth theory, and the input–output analysis. A critique of ... More


Economic Perspectives on Manufacturing

William B. Bonvillian and Peter L. Singer

in Advanced Manufacturing: The New American Innovation Policies

Published in print:
2018
Published Online:
September 2018
ISBN:
9780262037037
eISBN:
9780262343398
Item type:
chapter
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262037037.003.0004
Subject:
Political Science, Public Policy

This chapter examines manufacturing in the early foundations of economics before moving into a relatively short, but admittedly complex, application of both economics and trade theory to the ... More


Ways Ahead

John Hicks

in Capital and Time: A Neo-Austrian Theory

Published in print:
1987
Published Online:
November 2003
ISBN:
9780198772866
eISBN:
9780191596414
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198772866.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter begins by reviewing discussions in the preceding chapters. It then considers what can be done towards relaxing those basic assumptions which have been used for so long — the single ... More


Technique and Technology

John Hicks

in Capital and Time: A Neo-Austrian Theory

Published in print:
1987
Published Online:
November 2003
ISBN:
9780198772866
eISBN:
9780191596414
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198772866.003.0004
Subject:
Economics and Finance, Macro- and Monetary Economics

Social accounting is concerned only with values; it is not concerned with the quantities which these values represent, nor (in consequence) with price per unit of quantity. Thus, we could deal with ... More


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