Appunti su a New View of Economic Growth di Maurice Fitzgerald Scott

Massimo Florio

Working Papers from CSIL Centre for Industrial Studies

Abstract: This paper comments an important book by Maurice FG. Scott, «A New View of Economic Growth». The main contribution of the book is to show that capital investment can sustain endogenous growth, as it embodies technical progress. Neoclassical theories of growth are based on an error in measurement. A possible policy implication is lower taxation of capital income, but an alternative is higher public investment

Keywords: Economic growth; Depreciation; Public Investment; Capital taxation (search for similar items in EconPapers)
JEL-codes: E01 E22 H54 (search for similar items in EconPapers)
Pages: 20 pages
Date: 2011-12-12
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Persistent link: https://EconPapers.repec.org/RePEc:mst:wpaper:201104

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