Economic Growth and Development

Höfundur Hasan Gürak

Útgefandi Peter Lang

Snið ePub

Print ISBN 9783631660720

Útgáfa 1

Útgáfuár 2015

10.990 kr.

Description

Efnisyfirlit

  • Cover
  • Title
  • Copyright
  • About the author
  • About the book
  • This eBook can be cited
  • Contents
  • Foreword
  • Introduction
  • The Purpose & Scope of this Study
  • Which Criteria Can We Use as a Comparison?
  • Chapter 1: Growth Process Worldwide
  • All About Growth
  • “Savings = Investment” Paradox
  • On Added-value Criterion
  • The Relationship Between the Laborer – Technological Progress & Growth
  • What Role Does Investment Play in Regard to Technology and Long-run Growth?
  • Access to and the Use of Technology
  • Laborer, Knowledge & Growth
  • Qualified Labor or “Human Capital”
  • Creative Labor and Growth
  • Unqualified Labor
  • Technological Progress & the Global Economy
  • Is it possible to Measure the “Qualification Level of the Laborer” Accurately?
  • Other Factors Having an Impact on Growth
  • The Institutional and Cultural Infrastructure
  • Competitive Conditions
  • Economic and Political Stability
  • Financing the Investments
  • Natural Resources
  • Chapter 2: Basic Concepts Related to Growth
  • Productivity- (Productivity) Growth – Qualified Laborer – Technological Progress
  • Productivity (V)
  • Measuring Productivity: a Static Analysis
  • The Quantitative Analysis
  • Measuring Qualitative Differences
  • Value Analysis of “Productivity”
  • An Alternative Value Measurement
  • Optimum Productivity
  • “(Productivity) Growth”
  • Quantitative Productivity Growth
  • Partial Factor Productivity Growth
  • Added-value Based Productivity Growth
  • Is a “Value” Criterion a Perfect Choice?
  • “New Products” and Growth
  • An Inter-Country Productivity Comparison
  • Concluding Remarks
  • Chapter 3: Growth Theories: Historical Perspective
  • A. Smith
  • Ricardo
  • Marx
  • Marshall
  • Keynes
  • Keynes’s Model
  • The Characteristics of Keynes’ “Static” Model
  • Harrod-Domar
  • A summary of the Harrod-Domar model
  • Schumpeter
  • Overview
  • Chapter 4: New Approaches to Growth Theory
  • Neoclassical Growth Theory-1: Pre-Solow
  • A Criticism of the Theory in Regard to Growth
  • Neoclassical Growth Theory-2: Solow & After
  • Estimation of TFP
  • Criticism of Solow’s Model & the TFP Approach
  • TFP & Long-run Growth
  • Some TFP-related Data
  • TFP and Growth in Turkey
  • “Endogenous” Growth Models
  • Lucas: the Mechanical Model of Growth
  • The Institutional School
  • P. Romer: An Endogenous Growth Theory
  • R.J. Barro on Growth
  • Aghion-Howitt: Creative Destruction
  • Sectors and Production
  • Grossman-Helpman: Foreign Trade and Growth
  • G. Mankiw
  • Middle-Income-Trap: End of Growth?
  • In Conclusion
  • Concluding Remarks for the Chapter
  • Chapter 5: An Alternative Growth Model
  • Introduction
  • The Purpose
  • “Productive” Factors & “Production” Factors or Inputs
  • Productive Factors
  • Factors (Inputs) of Production
  • “Productive” Factors and Value-creation
  • The Genesis of Growth
  • Some Basic Assumptions
  • An Attempt at an Alternative Growth Model
  • Initial Case: A Simple “Stationary” Output, Exchange & Distribution Model
  • A Simple “Short-run” Growth Model: 1
  • Assuming Access to a “New” Market
  • A Simple “Long-run” Growth Model: 2
  • “New Markets” for the “New Product”
  • Conlusions to be Drawn from the Simple Growth Models
  • Limit of Short-run Growth
  • Technological Innovations and Producers
  • The Importance of Innovations
  • Conclusions
  • A Note on Labor, Innovation & Value-Price Theory
  • Chapter 6: Short-run Growth in the Real Economy
  • 1- Short-run Growth: A “Given” Technology
  • 1-a) EE and/or TE growth
  • 1-b) Extended Production for New Markets
  • Eight Methods to Increase Short-run Growth
  • Chapter 7: Long-run Groth in the Real Economy
  • Technological (Macro) Productivity Growth
  • a) A “Given” Product, but a “New” Production Method
  • b-) New Products
  • Growth: Reconsidered – Both in the Short- & Long-run
  • The Concrete Effects of Innovations
  • Given Product – New Method of Production
  • Technological Productivity Growth
  • “Given” Product – “New” Production Process
  • New Product
  • New Product and Functional Income Distribution
  • New Product, “Monopoly” and Profit Rate
  • Innovations, Growth and Price
  • A “Given Product” but a “New Production Process”
  • “New” Product and “New” Price
  • Other Factors Influencing Price Level
  • Technology Transfer & Long-run Growth
  • Measures to be Taken
  • Major Costs of Technology Transfer Through FDIs
  • Conclusion
  • Chapter 8: Growth & The Service Sector
  • “Productivity” & “Productivity Growth” in the Services Sector
  • “Productivity “in the Services Sector
  • “Productivity Growth” in the Services Sector
  • “New” Types of Services and Long-run Growth
  • Competition in the Services Sector
  • Global (International) Trade in the Services Sector
  • Chapter 9: Growth & Income Distribution
  • Functional Income Distribution
  • An Ideal Income Distribution
  • Pareto Optimum
  • Optimum Functional Income Distribution and Growth
  • Initial Case: Functional Income Distribution: with a “Given” Technology
  • 1- “Efficiency Growth” & Income Distribution
  • 2- “Innovation” & Income Distribution
  • Wage Rise in the Long-run & its Impact on Income Distribution
  • Technological Imperfections & Global Income Distribution
  • “Technology-intensive” & “Labor-intensive” Methods of Production
  • Concluding Remarks
  • Chapter 10: Growth or Development?
  • Growth
  • Development
  • Elements of the Development Theory
  • Development Economics
  • Chapter 11: Epilogue & a Suggestion
  • Developed Countries & Long-run Growth
  • LDCs & Long-run Growth
  • Producing New Technologies
  • More Efficient Use of Technologies
  • Efficient Use of Political, Institutional & Cultural Framework
  • A Suggestion to Boost Global Cempetition
  • Firms that “Only Produce Technology”
  • Suggestions for “Fairer” Income Distribution & Increased Democracy at Work
  • Is “Unlimited Growth” Desirable?
  • Bibliography

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