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Vision and fact - A critical essay on the growth literature

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  • Jan Fagerberg

    (Centre for Technology, Innovation and Culture, University of Oslo)

Abstract

This paper contains an overview and interpretation of the literature on economic growth. It is argued that, first and foremost, growth theory is about vision. It is concerned with questions such as: Where are we heading, and why? What are the options? Which actions are needed to arrive at the preferred state? Thus, growth theory is by its very nature deeply political.

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File URL: http://www.tik.uio.no/InnoWP/archive/wpno003-1999.pdf
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Bibliographic Info

Paper provided by Centre for Technology, Innovation and Culture, University of Oslo in its series Working Papers Archives with number 1999003.

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Length: 30 pages
Date of creation: Mar 1999
Date of revision:
Handle: RePEc:tik:wparch:1999003

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Cited by:
  1. Metcalfe, John S. & Foster, John & Ramlogan, Ronnie, 2003. "Adaptive Economic Growth," Centre on Regulation and Competition (CRC) Working papers 30637, University of Manchester, Institute for Development Policy and Management (IDPM).
  2. Michael Peneder, 2002. "Industrial Structure and Aggregate Growth," WIFO Working Papers 182, WIFO.
  3. J. Stan Metcalfe & John Foster, 2009. "Evolutionary Growth Theory," Discussion Papers Series 388, School of Economics, University of Queensland, Australia.

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