{"product_id":"the-path-of-economic-growth-paperback-9780521125338","title":"The Path of Economic Growth (Paperback) 9780521125338","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eThe Path of Economic Growth\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003eThis study, first published in 1976, explores the theory and impact of economic growth.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eAdolph Lowe (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521125338, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback, published 17 December 2009\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e352 pages\u003cbr\u003e22.9 x 15.2 x 2 cm, 0.52 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eThe writings on the theory of economic growth share almost without exception two characteristics – they deal exclusively with steady growth or equilibrium dynamics, and they try to predict the actual course of long-term development on the basis of greatly oversimplified behaviour assumptions. This book, first published in 1976, studies the many variants of a disequilibrium path, which growth processes pursue under the impact of major growth stimuli – changes in labour supply, in natural resources, and in technology. The study gives direction to public policies, sharply distinguishing between the requirements of market economies and of planned systems.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePreface\u003cbr\u003e Acknowledgements\u003cbr\u003e Part I. The Basic Model: 1. Introduction: scope and method\u003cbr\u003e 2. Patterns of economic growth\u003cbr\u003e 3. A schema of industrial production\u003cbr\u003e 4. The circulation of fixed capital\u003cbr\u003e 5. The circulation of working capital\u003cbr\u003e 6. The stationary process in operation: structure analysis\u003cbr\u003e 7. The stationary process in operation: force analysis\u003cbr\u003e 8. Transition to dynamic equilibrium\u003cbr\u003e 9. Dynamic equilibrium: structure analysis\u003cbr\u003e 10. Dynamic equilibrium: force analysis\u003cbr\u003e Part II. Changes in the Rate of Change: The Dynamics of Labour Supply: 11. The setting of the problem\u003cbr\u003e 12. A bird's-eye view of an expanding traverse\u003cbr\u003e 13. On the short-period variability of the capital-labour supply in a free market\u003cbr\u003e 14. Adjustment to a higher rate of growth of labour supply in a free market: I. Structure analysis\u003cbr\u003e 15. Adjustment to a higher rate of growth of labour supply in a free market: II. Force analysis\u003cbr\u003e 16. Adjustment to a higher rate of growth of labour supply in a collectivist system\u003cbr\u003e 17. Some comments on the role of working capital in the traverse\u003cbr\u003e 18. Instrumental analysis of decline in the rate of growth of labour supply\u003cbr\u003e Part III. Changes in the Rate of Change: The Dynamics of Natural Resources Supply: 19. The dynamics of diminishing returns\u003cbr\u003e 20. Recycling of production and consumption residuals and the structure of production\u003cbr\u003e Part IV. Changes in the Rate of Change: The Dynamics of Technological Progress: 21. The scope of the investigation\u003cbr\u003e 22. Dynamic equilibrium once more\u003cbr\u003e 23. Nonneutral innovations: a general survey\u003cbr\u003e 24. Pure labour-displacing innovations\u003cbr\u003e 25. Pure capital-displacing innovations\u003cbr\u003e 26. Some comments on combined changes in the input of labour and capital\u003cbr\u003e 27. Technical progress and diminishing returns\u003cbr\u003e 28. Some concluding remarks\u003cbr\u003e Appendix: an alternative presentation of Lowe's basic model Edward J. Nell\u003cbr\u003e Glossary of recurring symbols\u003cbr\u003e Name index\u003cbr\u003e Subject index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Development economics \u0026amp; emerging economies [\u003ca title=\"See our other books on Development economics \u0026amp; emerging economies\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Development%20economics%20\u0026amp;%20emerging%20economies%20%5BKCM%5D%22\"\u003eKCM\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46005253439768,"sku":"9780521125338","price":40.88,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521125338i_336dd5ea-1b28-439f-96f3-f2ccbda0c02b.jpg?v=1691371840","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/the-path-of-economic-growth-paperback-9780521125338","provider":"Freshly Printed Books","version":"1.0","type":"link"}