Harrod’s Economic Dynamics As A Persistent And Regime-Changing Adjustment Process

Maurizio Pugno

Chapter 5 in Economic Dynamics, Trade and Growth, 1998, pp 152-178 from Palgrave Macmillan

Abstract: Abstract Harrod’s analysis of economic dynamics does not consist of a compact and coherent set of statements. It is instead scattered over many writings belonging to different periods of his intellectual life. However, its impact on economists has been great, given its contribution to the birth of macro-dynamics.

Keywords: Business Cycle; Utilisation Rate; Actual Growth; Rational Expectation; Investment Equation (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26931-0_6

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DOI: 10.1007/978-1-349-26931-0_6

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