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Endogenous Growth in Historical Perspective: From Adam Smith to Paul Romer
Paperback
Series: Palgrave Studies in Economic History
ISBN13: 9783030837631
Publisher: Palgrave MacMillan
Published: Nov 26 2022
Pages: 331
Weight: 0.91
Height: 0.72 Width: 5.83 Depth: 8.27
Language: English
In recent decades, new endogenous growth theory has become popular but the ideas are not new. They go back at least as far as Adam Smith, and the subsequent contributions made notably by Alfred Marshall and Allyn Young. This book critically discusses and provides an historical perspective to the entire spectrum of endogenous growth theories starting with Adam Smith and ending with Paul Romer. It fills an important gap in the literature. While contributions of individual authors are readily available, there is no comprehensive study on the subject covering such a vast ground, critically discussing these authors in a comprehensive framework. It collates all the arguments and economic viewpoints in one collection, providing both the seasoned economist and a graduate economist with a critical comparison of origin, mechanisms, conclusions, and policy implications of these models.
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