Economic Analysis of Growth: A Review

Jacques Solvay, Michèle Sanglier and Paul Brenton

Chapter 2 in Modelling the Growth of Corporations, 2001, pp 11-24 from Palgrave Macmillan

Abstract: Abstract Traditional economics has concentrated upon analysing economic growth at the aggregate or national level. The principal objective has been to explain the sustained growth of living standards in industrial countries and why the long-run rate of growth has varied across countries, particularly when the standard theory predicts that countries will tend to converge to the same long-run trend rate of growth.

Keywords: Human Capital; Technological Change; Technological Progress; Technical Progress; Sustained Growth (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-0759-2_2

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DOI: 10.1057/9781403907592_2

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