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Endogenous Growth, Market Failures and Economic Policy

Endogenous Growth, Market Failures and Economic Policy

Hardcover

EconomicsGeneral Reference

ISBN10: 0333747054
ISBN13: 9780333747056
Publisher: Springer Nature
Published: Dec 14 1998
Pages: 199
Weight: 0.92
Height: 0.63 Width: 5.50 Depth: 8.50
Language: English
Endogenous Growth, Market Failures and Economic Policy develops, within a rigorous formal framework, innovative and unconventional macroeconomic policy perspectives that can be deduced from the New Growth Theory in the presence of market imperfections, adopting the standard structure of fiscal, monetary and trade policy for the book. For instance, the introduction of monopolistic competition leads to positive growth effects of fiscal policy as well as protection of infant industries.

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