Structure and Growth

Joseph Halevi
Additional contact information
Joseph Halevi: CRIISEA - Centre de Recherche sur les Institutions, l'Industrie et les Systèmes Économiques d'Amiens - UR UPJV 3908 - UPJV - Université de Picardie Jules Verne

Post-Print from HAL

Abstract: The chapter presents and discusses the set of non-marginalist contributions to growth theory represented bysectoral models based on Classical circularity and by Pasinetti's new theory of structural change. It is shown that while models of Classical circularity led to Traverse typequestions (Lowe and Hicks), they neglected the relations between sectoral growth and the composition of consumption demand. In this context, it is argued that Pasinetti's constribution has eliminated the capital goods bias inherent in the Classical approach. Pasinetti's approach is shown to be theoretically complete rather than conceived ad hoc as in earlier growth models. \textcopyright Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile 2016. All rights reserved.

Date: 2019
References: Add references at CitEc
Citations:

Published in Palgrave Macmillan, pp.126--146, 2019, 978-1-137-47529-9 978-1-137-47528-2. ⟨10.1057/978-1-137-47529-9_12⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03698823

DOI: 10.1057/978-1-137-47529-9_12

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().