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The Origins of Economic Growth

The Fundamental Interaction between Material and Nonmaterial Values

Produktform: Buch / Einband - flex.(Paperback)

Dealing with factors affecting economic growth in knowledge-based societies, the author shows that the interaction between material and nonmaterial values is the ultimate source of all economic growth. The model thus developed predicts the quantitative facts concerning business cycles better than the conventional real-cycle models, while also producing a new growth path whose existence is verified by empirical facts. The results provide strong evidence of the economic relevance of nonmaterial values, and also prompt a new view of the stochastic elements in the business cycles.weiterlesen

Sprache(n): Englisch

ISBN: 978-3-642-64520-4 / 978-3642645204 / 9783642645204

Verlag: Springer Berlin

Erscheinungsdatum: 30.09.2011

Seiten: 234

Auflage: 1

Autor(en): Arvid Aulin

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