AI SearchRe-examination of polar views on economic growth theories
Call Number: AIT RSPR no. CA-85-03 Material type:
SeriesSeries: Asian Institute of Technology. Research studies project report ; no. CA-85-03Publication details: Bangkok : Asian Institute of Technology, 1985Description: 36, A-6 pSubject(s): Online resources: Dissertation note: Research Studies Project Report (M. Sc.) - Asian Institute of Technology, 1985 Summary: An attempt is made to reconcile Neo Classical and Marxian economic growth models using the system dynamics method. It is shown that the behavior predicted by the two models occurs only under special conditions . The business cycles attributed to the interaction of the multiplier and accelerator in the Neo Classical model require unrealistic assumptions about parameters and structure of the system, whereas the increasing misery and pauperism as envisaged by the Marxian model occurs under very specific conditions. It is proposed that that much debate is generated because of non overlapping economic growth theories, which are inadequate and limited in their assumptions. accommodate many scenarios is emphasized .
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Asian Institute of Technology Library AIT Publications | AIT RSPR no. CA-85-03 (Browse shelf(Opens below)) | 1 | Available | 30050003120309 | |||||||||||||
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Asian Institute of Technology Library AIT Publications | AIT RSPR no. CA-85-03 (Browse shelf(Opens below)) | 2 | Available | 30050003120291 | |||||||||||||
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Asian Institute of Technology Library Archives | AIT RSPR no. CA-85-03 (Browse shelf(Opens below)) | Available | 30050160005244 |
A Research Study submitted in partial fulfillment of the requirements for the degree of Master of Engineering, School of Engineering and Technology
Research Studies Project Report (M. Sc.) - Asian Institute of Technology, 1985
An attempt is made to reconcile Neo Classical and Marxian economic growth models using the system dynamics method. It is shown that the behavior predicted by the two models occurs only under special conditions . The business cycles attributed to the interaction of the multiplier and accelerator in the Neo Classical model require unrealistic assumptions about parameters and structure of the system, whereas the increasing misery and pauperism as envisaged by the Marxian model occurs under very specific conditions. It is proposed that that much debate is generated because of non overlapping economic growth theories, which are inadequate and limited in their assumptions. accommodate many scenarios is emphasized .
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