Cumulative causation in a structural economic dynamic approach to economic growth and uneven development

被引：29
|
作者：
Araujo, Ricardo Azevedo [1 ]
机构：
[1] Univ Brasilia, Dept Econ, BR-70910900 Brasilia, DF, Brazil
来源：
STRUCTURAL CHANGE AND ECONOMIC DYNAMICS | 2013年 / 24卷
关键词：
Cumulative causation; Structural economic dynamic; Verdoorn's law; Balance-of-payment constrained growth; PAYMENTS-CONSTRAINED GROWTH; MODEL;
D O I：
10.1016/j.strueco.2012.09.001
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
A structural economic dynamic approach is distinguishable by its simultaneous considerations of supply and demand and their related effects wielded upon economic growth. However, properly considering cumulative causation requires a special framework for more fully accounting for technological progress, and not leaving it as simply exogenous. With this inquiry dimensions of Verdoorn's Law are selectively embedded in Pasinetti's multi-sector model, thus allowing us to better consider cumulative causation through rendering structural changes endogenous. In this setup, reconciliation between cumulative causation and balance of payments constrained views is shown to hold. (C) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码：130 / 140
页数：11
相关论文
共 50 条
12345