Chapter

Some Unorthodox Growth Theories

Maurice FitzGerald Scott

in A New View of Economic Growth

Published in print June 1991 | ISBN: 9780198287421
Published online November 2003 | e-ISBN: 9780191596872 | DOI: http://dx.doi.org/10.1093/0198287429.003.0004

Series: Clarendon Paperbacks

 Some Unorthodox Growth Theories

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Unorthodox growth theories do not assume that technical progress is independant of investment. Theories put forward by various writers including Schumpeter, Hirschman, Kaldor, Kaldor and Mirrlees, Arrow, Eltis, Kennedy, Nelson, and Winter are briefly reviewed. Some provide no growth model, and the models provided by others are unsatisfactory. Importantly, none appears to have been used in any substantial empirical work. But their ideas are drawn on in the model put forward in the book.

Keywords: Arrow; Eltis; Hirschman; Kaldor; Kennedy; Mirrlees; Nelson; Schumpeter; Winter

Chapter.  12648 words.  Illustrated.

Subjects: Economic Development and Growth

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