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Ways of Thinking About Economic Growth: Papers from MED's Growth Seminar Series

Author

Listed:
  • Carlaw, Kenneth

    (Associate Professor, Department of Economics, University of British Columbia and the Department of Economics, University of Waikato and UBC)

  • Easton, Brian

    (Economic and Social Trust of New Zealand)

  • Grimes, Arthur

    (Motu Economic and Public Policy Research, and University of Waikato)

  • Mare, David

    (Motu Economic and Public Policy Research)

  • Sautet, Frederic

    (Mercatus Centre, George Mason University)

Abstract

The Ministry of Economic Development ran a series of seminars about economic growth in 2004. One was an economic history of economic growth in New Zealand, three were on different and sometimes contradictory conceptual ways of thinking about economic growth – endogenous growth theory, Austrian economics, and structuralist-evolutionary theory of economic growth. The final seminar outlined the lessons from the previous four seminars and drew conclusions. The papers are non-technical and non-mathematical, and are designed for an audience with only limited knowledge of economics. This Occasional Paper brings the papers produced for the five seminars together as a resource for those interested in different ways of thinking about economic growth and development. It is intended as a companion to MED Occasional Paper 08/08.

Suggested Citation

  • Carlaw, Kenneth & Easton, Brian & Grimes, Arthur & Mare, David & Sautet, Frederic, 2008. "Ways of Thinking About Economic Growth: Papers from MED's Growth Seminar Series," Occasional Papers 08/7, Ministry of Economic Development, New Zealand.
    • Handle: RePEc:ris:nzmedo:2008_007
    Note: Editor: Roger Procter, Chief Economist, Ministry of Economic Development
    as

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    File URL: http://www.med.govt.nz/about-us/publications/publications-by-topic/occasional-papers/2008/08-07-pdf/view
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    References listed on IDEAS

    as
    1. Lipsey, Richard G. & Carlaw, Kenneth I. & Bekar, Clifford T., 2005. "Economic Transformations: General Purpose Technologies and Long-Term Economic Growth," OUP Catalogue, Oxford University Press, number 9780199290895.
    2. Kenneth I. Carlaw & Richard G. Lipsey, 2003. "Productivity, Technology and Economic Growth: What is the Relationship?," Journal of Economic Surveys, Wiley Blackwell, vol. 17(3), pages 457-495, July.
    3. Richard Lipsey & Kenneth Carlaw, 2004. "Total factor productivity and the measurement of technological change," Canadian Journal of Economics, Canadian Economics Association, vol. 37(4), pages 1118-1150, November.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic growth; economic development; productivity; innovation; entrepreneur; endogenous growth; Austrian economics;
    All these keywords.

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O38 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Government Policy

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