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Economic Dynamics

Name: Economic Dynamics
Brand: Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
SKU: 01565349
Price: 118.05 EUR
Availability: InStock
Author: Wei-Bin Zhang
ISBN: 9783540532170

Growth and Development

Wei-Bin Zhang

Language

English

Book Paperback

Libristo code: 01565349

Publishers Springer-Verlag Berlin and Heidelberg GmbH & Co. KG, November 1990

This book deals with an important topic in economic theory: economic growth and development. It prop... Full description

Libristo code: 01565349

288 b

118.05 €

230.89 лв

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This book deals with an important topic in economic theory: economic growth and development. It proposes an economic development theory within the framework of input-output systems and neo-classical economics. The standard topics in growth theory are re-examined in the light of newer results in nonlinear dynamic theory. There is a special emphasis on nonlinear unstable phenomena, such as bifurcations and structural changes, in economic development. Bifurcation theory provides an efficient tool for dealing with nonlinear dynamic systems. The book also emphasizes the concepts of adjustment speed and time scales in order to explore connections of different growth theories in the literature. Human quality (knowledge) plays a key role in explaining economic development.