Economic Growth and Induced Technical Progress

Rob de Groof

Chapter 5 in Growth Theory in Historical Perspective, 2001, pp 137-156 from Edward Elgar Publishing

Abstract: Growth Theory in Historical Perspective is a collection of thirteen carefully selected essays by Theo van de Klundert which demonstrate the development of growth theory over the past forty years. The sequence of chapters reveals the shifts in focus which have occurred since the first formal growth models of the 1940s and 1950s. He illustrates how the Keynesian paradigm was replaced by neo-classical models, which in turn have been superseded by theories of endogenous technical progress, the focus of growth theory in the 1990s.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2001
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