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Economic growth and development = a dynamic dual economy approach /

Record Type:	Language materials, printed : Monograph/item
Title/Author:	Economic growth and development/ by Sibabrata Das, Alex Mourmouras, Peter Rangazas.
Reminder of title:	a dynamic dual economy approach /
Author:	Das, Sibabrata.
other author:	Mourmouras, Alex.
Published:	Cham :Springer International Publishing : : 2024.,
Description:	xiii, 439 p. :ill. (some col.), digital ; : 24 cm.;
Contained By:	Springer Nature eBook
Subject:	Economic development. -
Online resource:	https://doi.org/10.1007/978-3-031-59728-2
ISBN:	9783031597282

Economic growth and development = a dynamic dual economy approach /
Das, Sibabrata.

Economic growth and developmenta dynamic dual economy approach /[electronic resource] :by Sibabrata Das, Alex Mourmouras, Peter Rangazas. - Third edition. - Cham :Springer International Publishing :2024. - xiii, 439 p. :ill. (some col.), digital ;24 cm. - Springer texts in business and economics,2192-4341. - Springer texts in business and economics..

1. Overview -- Part I One-Sector Growth Models -- 2. Overlapping-Generations Model of Economic Growth -- 3. Fiscal Policy -- 4. Schooling and Fertility -- 5. A Complete One-Sector Neoclassical Growth Model -- Part II Two-Sector and Dual Economies -- 6.Two Sector Growth Models -- 7. Wage and Fertility Gaps in Dual Economies -- 8. Physical Capital in Dual Economies -- 9. A Complete Dual Economy -- Part III Additional Topics and Summary -- 10. Government Debt -- 11. Growth Slowdown -- 12 -- Conclusion.

Revised and updated for the third edition, this text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, andexplicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. The updated third edition includes two completely new chapters on government debt and growth slowdowns, topics that will be useful for undergraduate and graduate students studying development economics and macroeconomics.

ISBN: 9783031597282

Standard No.: 10.1007/978-3-031-59728-2doiSubjects--Topical Terms:

555228
Economic development.

LC Class. No.: HD82

Dewey Class. No.: 338.9

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