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Structural Dynamics and Economic Growth

Posted By: Free butterfly
Structural Dynamics and Economic Growth

Structural Dynamics and Economic Growth by Professor Richard Arena
English | 3 May 2012 | ISBN: 1107015960 | 293 Pages | PDF | 2 MB

Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting.