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Endogenous Growth: Theory, Methods and Morphology

Endogenous Growth: Theory, Methods and Morphology

Hardcover

Series: International Symposia in Economic Theory and Econometrics, Book 35

Economics

ISBN10: 1836621973
ISBN13: 9781836621973
Publisher: Emerald Publishing Limited
Published: Aug 24 2026
Pages: 192
Weight: 0.95
Height: 0.50 Width: 6.00 Depth: 9.00
Language: English

Endogenous Growth traces the intellectual evolution of growth theory, from its formative origins to its modern formalisation. The authors investigate how endogenous growth theory developed alongside the dominant analytical frameworks of dynamic macroeconomics. The book examines why models incorporating imperfect competition, heterogeneous returns, and alternative equilibrium concepts were long overshadowed. Through careful attention to the mathematical foundations--Hamiltonians, dynamic programming, and the shifting conceptualisation of capital--the authors reveal how the field's trajectory shaped both the promise and the limitations of its models, and why a richer treatment of competition, capital, and equilibrium is essential for understanding long-run growth.

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Economics