Steady State Capital Theory
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Steady State Capital Theory
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Author : C.C. v. Weizsäcker
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Steady State Capital Theory written by C.C. v. Weizsäcker and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
The following lecture notes were written shortly after I gave a course on capital theory in the winter-semester 1970/71 at the Univer sity of Heidelberg. While the general line of the argument is similar to the one in the course, I have modified and added a large number' of specific points in the process of writing the English version. I should like to emphasize the narrow limitations of the material covered in these notes. I have completely concentrated on steady states of stationary and exponentially growing economies, even up to the point where there is the danger of misleading the reader1 I have done this for several reasons. Other activities have not left me with a sufficient amount of time to be able to find the unifying principle of analysis and mode of presentation for the dynamic aspects of capi tal theory which would have made it worthwhile to add a sizeable book to the large body of literature in this field. On the other hand over the last couple of years I have become increasingly aware that some of the results in steady state capital theory (which could be derived without too much mathematical effort) are of relevance in present day dis cussions about the political role of economic theory and the relative merits of orthodox and radical economics. Also these results seemed not to be known by' mO$ of the participants in these discussions.
Steady State Capital Theory
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Author : Carl Christian von Weizsäcker
language : en
Publisher: Springer
Release Date : 1971
Steady State Capital Theory written by Carl Christian von Weizsäcker and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971 with Capital categories.
Steady State Capital Theory
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Author : C. C. V Weizsacker
language : en
Publisher:
Release Date : 1971-01-05
Steady State Capital Theory written by C. C. V Weizsacker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1971-01-05 with categories.
Capital Accumulation And Money
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Author : L.D. Taylor
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09
Capital Accumulation And Money written by L.D. Taylor and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.
Capital, Accumulation, and Money: An Integration of Capital, Growth, and Monetary Theory is a book about capital. A root concept of capital is developed which allows for most existing concepts of capital to be unified and related to one another in consistent fashion. Such a root concept of capital offers a framework for integrating monetary and capital theory, and for analyzing the functioning of an economy, whether that economy is in a steady state of subsistence or in a process of sustainable growth. Specifically, it is shown that a conservation principle emerges that both implies and imposes a variety of constraints on the macro behavior of an economy, constraints which make for straightforward understanding and analysis of such concepts as the real stock of money, real-balance effects, and the general price level. New and illuminating insights are also provided into aggregate supply and demand, natural and money rates of interest, the relationship between real and monetary economies, and economic growth and development.
Capital Theory And Dynamics
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Author : Edwin Burmeister
language : en
Publisher: CUP Archive
Release Date : 1980-11-28
Capital Theory And Dynamics written by Edwin Burmeister and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980-11-28 with Business & Economics categories.
Capital theory and dynamics are cornerstones for almost every branch of economics. Except in a fictional world where the economies of yesterday, today, and tomorrow are identical, issues of capital formation and dynamic behaviour must always arise. Although the specialist literature is technically demanding, Professor Burmeister shows that its important results can be understood and their economic significance grasped by those who do not possess the "mathematical literacy" required to follow rigorous proofs. Even if future events are known with certainty, they still influence the current economic state. This is the pure role of time. That future events are not known with certainty adds another complexity. This book focuses mainly on the pure role of time.
Essays In Modern Capital Theory
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Author : Murray Brown
language : en
Publisher:
Release Date : 1976
Essays In Modern Capital Theory written by Murray Brown and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Capital categories.
Monograph comprising essays on topics relating to the use of economic theories of capital in economic analysis - discusses the 'Cambridge controversy' in capital theory involving income distribution, rates of investment return and profit, the input output relations with regard to technology and capital goods, and presents three new approaches to capital theory centred on the notion of economic equilibrium and an economic model based on Marxism. Bibliographys after most chapters and graphs.
Beyond The Steady State
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Author : Joseph Halevi
language : en
Publisher: Springer
Release Date : 1992-06-18
Beyond The Steady State written by Joseph Halevi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-06-18 with Political Science categories.
The essays in this book seek to identify the mechanisms that determine the extent and nature of economic growth. The subject is addressed under four headings: demand-determined growth, technical change, traverse and growth cycles.
Capital And Time
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Author : John Hicks
language : en
Publisher: Oxford University Press
Release Date : 1973
Capital And Time written by John Hicks and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with Business & Economics categories.
Monograph presenting a modernization of the economic theory of the Austrian school which identified production as a process in time (time factor) and capital as a 'report' on the present state of that process - considers a model which defines functions of technology, full employment, etc., and examines the traverse from one steady state equilibrium to another during economic growth. Diagrams and references.
Capital Theory And The Distribution Of Income
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Author : C. J. Bliss
language : en
Publisher: Elsevier
Release Date : 2014-07-22
Capital Theory And The Distribution Of Income written by C. J. Bliss and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-22 with Business & Economics categories.
Advanced Textbooks in Economics, Volume 4: Capital Theory and the Distribution of Income focuses on the interconnection of capital theory and the distribution of income, including marginal products, capital, interest rates, and price systems. The book first takes a look at production without capital, equilibrium, prices, and time, and semi-stationary growth, as well as the existence of constant-rate-of-interest price systems. The manuscript then discusses marginal products and capital and the Cambridge model. The text examines the aggregation of miscellaneous objects, production function, linear production model, and efficiency, production prices, and rates of return, as well as prices and efficiency for infinite developments. The manuscript also ponders on investment, structure of interest rates, and disputations. Discussions focus on sets and convex sets, concave functions, and linear and non-linear programming. The publication is a dependable source of data for economists and researchers interested in capital theory and the distribution of income.
The Dynamic Macroeconomic Effects Of Public Capital
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Author : Christophe Kamps
language : en
Publisher: Springer Science & Business Media
Release Date : 2004-12-22
The Dynamic Macroeconomic Effects Of Public Capital written by Christophe Kamps and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-12-22 with Business & Economics categories.
This book analyzes the dynamic macroeconomic effects of public capital in industrialized countries. The issue of whether public capital is productive has received a great deal of recent attention. Yet, existing empirical analyses have been limited to a small set of countries. This book presents a new database that provides internationally comparable capital stock estimates for 22 OECD countries for the 1960-2001 period. Building on this database, the book estimates the dynamic effects of public capital using a variety of econometric methods. The results suggest that public capital is productive in OECD countries on average. The theoretical analysis based on a dynamic general equilibrium model shows that the effects of public capital depend crucially on the way the government chooses to finance additional spending.