Description:Traditional economic theories explain the level and growth of output by three main variables: employment, the capital stock, and technical progress. This book presents a major new theory of economic growth which explains changes in output over a given period and uses only employment growth and rate of investment as the main explanatory variables. The author also demonstrates how this theory can be used to explain why growth rates differ between different countries and periods, and why shares of wages and profits differ.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with A New View of Economic Growth. To get started finding A New View of Economic Growth, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Description: Traditional economic theories explain the level and growth of output by three main variables: employment, the capital stock, and technical progress. This book presents a major new theory of economic growth which explains changes in output over a given period and uses only employment growth and rate of investment as the main explanatory variables. The author also demonstrates how this theory can be used to explain why growth rates differ between different countries and periods, and why shares of wages and profits differ.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with A New View of Economic Growth. To get started finding A New View of Economic Growth, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.