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The paper studies autonomous dynamic systems that allow for the existence of economic growth per capita without dynamically generating explosive solutions. The implications of any degree of homogeneity, including increasing returns to scale in production, must be carefully examined in two and...
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Intro -- Contents -- List of Figures -- List of Tables -- Contributors -- Part I. Introduction -- 1. Introduction / Bjarne S. Jensen and Kar-yiu Wong -- 2. Endogenous Growth and International Trade: A Survey / Ngo Van Long and Kar-yiu Wong -- Part II. Dynamics of Basic Trade Models -- 3. General...
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1. Basic laws of production -- 2. Classical growth models and homogeneity -- 3. Classical growth models and minimal factor rewards -- 4. Aggregate endogenous growth models -- 5. Neoclassical growth models -- 6. Keynesian growth models -- 7. Leontief technology and efficient factor utilization --...
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