The Theory of Economic Growth : A 'Classical' Perspective

Contents: Introduction 1. Theories of Economic Growth: Old and New 2. The Structure of Growth Models: A Comparative Survey 3. Endogenous Growth Theory as a Lakatosian Case Study 4. Endogenous Growth in a Multi-sector Economy 5. Income Distribution and Consumption Patterns in a `Classical' Growth Model 6. Keynesian Theories of Growth 7. Should the Theory of Endogenous Growth be Based on Say's Law and the Full Employment of Resources? 8. The Demographic Transition and Neoclassical Models of Balanced Growth 9. Human Capital Formation in the New Growth Theory: The Role of `Social Factors' 10. The Evolutionary Perspective on Growth 11. Competition, Rent-Seeking and Growth: Smith versus the Endogenous Growth Theory 12. R&D Models of Economic Growth and the Long-term Evolution of Productivity and Innovation 13. Competition and Technical Change in Aghion and Howitt: A Formalisation of Marx's Ideas? 14. Division of Labour and Economic Growth: Paul Romer's Contribution in an Historical Perspective 15. The Interaction between Growth and Cycle in Macrodynamic Models of the Economy 16. Real Business Cycle Models, Endogenous Growth Models and Cyclical Growth: A Critical Survey 17. Growth Theory and the Environment: How to Include Matter Without Making it Really Matter 18. Modelling Growth and Financial Intermediation through Information Frictions: A Critical Survey References Index