Trends in the Allocation of Resources in Secular Growth

W. W. Rostow
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W. W. Rostow: Massachusetts Institute of Technology

Chapter 15 in Economic Progress, 1987, pp 294-309 from Palgrave Macmillan

Abstract: Abstract This paper probes at the following problem: how shall we go about analysing the relation between economic growth in general and economic growth in particular sectors of an economy? This problem translates itself into a consideration of the relation between the overall rate of growth in (say) real income, or real income per capita, and the pattern of current and past investment outlays.

Keywords: Business Cycle; Real Income; Primary Sector; Growth Sector; Limited Time Period (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-08440-1_15

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DOI: 10.1007/978-1-349-08440-1_15

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