Evolutionary growth theorising from a Kaldorian perspective

Green, Colin (Colin Peter), 1976- (1997). Evolutionary growth theorising from a Kaldorian perspective Honours Thesis, School of Economics, University of Queensland.

       
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Author Green, Colin (Colin Peter), 1976-
Thesis Title Evolutionary growth theorising from a Kaldorian perspective
School, Centre or Institute School of Economics
Institution University of Queensland
Publication date 1997
Thesis type Honours Thesis
Total pages 71
Language eng
Subjects 14 Economics
Formatted abstract Within this thesis an alternative interpretation of Kaldorian growth theory is provided to the prominent post-Keynesian viewpoint (i.e. Thirlwall 1987). The emphasis on the role of technology, entrepreneurship and qualitative structural change within Kaldor's growth models is examined in detail. In doing so an interpretation of Kaldor's work is provided which stresses its evolutionary nature. This allows for progress to be made along the lines of Metcalfe (1994) and Pugno (1996) by the construction of an evolutionary-Kaldorian model of growth and trade, where the emphasis is on the role of technology and diversity within the growth process. By doing this it is demonstrated that it is feasible to jointly pursue Kaldorian and evolutionary modelling, whilst generating Schumpeterian dynamics, within the same analytical framework.

 
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