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Reconciling the Growth of Aggregate Demand and Aggregate Supply

In: Handbook of Alternative Theories of Economic Growth

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  • Amitava Krishna Dutt

Abstract

Comprising specially commissioned essays, the Handbook provides a comprehensive overview of alternative theories of economic growth. It surveys major sub-fields (including classical, Kaleckian, evolutionary, and Kaldorian growth theories) and highlights cutting-edge issues such as the relationship between finance and growth, the interplay of trend and cycle, and the role of aggregate demand in the long run.

Suggested Citation

  • Amitava Krishna Dutt, 2010. "Reconciling the Growth of Aggregate Demand and Aggregate Supply," Chapters, in: Mark Setterfield (ed.), Handbook of Alternative Theories of Economic Growth, chapter 11, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:12814_11
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    References listed on IDEAS

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    1. Dutt, Amitava K. & Ros, Jaime, 2007. "Aggregate demand shocks and economic growth," Structural Change and Economic Dynamics, Elsevier, vol. 18(1), pages 75-99, March.
    2. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 70(1), pages 65-94.
    3. Mark Setterfield (ed.), 2002. "The Economics of Demand-Led Growth," Books, Edward Elgar Publishing, number 1864.
    4. Joan Robinson, 1962. "Essays in the Theory of Economic Growth," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-00626-7, December.
    5. Peter Skott, 2012. "Theoretical And Empirical Shortcomings Of The Kaleckian Investment Function," Metroeconomica, Wiley Blackwell, vol. 63(1), pages 109-138, February.
    6. Thomas I. Palley, 1997. "Aggregate Demand and Endogenous Growth: a Generalized Keynes-Kaldor Model of Economic Growth," Metroeconomica, Wiley Blackwell, vol. 48(2), pages 161-176, June.
    7. Thomas R Michl, 2008. "Tinbergen Rules the Taylor Rule," Eastern Economic Journal, Palgrave Macmillan;Eastern Economic Association, vol. 34(3), pages 293-309.
    8. Amitava Krishna Dutt, 2006. "Aggregate Demand, Aggregate Supply and Economic Growth," International Review of Applied Economics, Taylor & Francis Journals, vol. 20(3), pages 319-336.
    9. Marc Lavoie, 1992. "Foundations of Post-Keynesian Economic Analysis," Books, Edward Elgar Publishing, number 275.
    10. Marc Lavoie, 2003. "Kaleckian Effective Demand and Sraffian Normal Prices: Towards a reconciliation," Review of Political Economy, Taylor & Francis Journals, vol. 15(1), pages 53-74.
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    Cited by:

    1. Thomas R Michl & Daniele Tavani, 2022. "Path dependence and stagnation in a classical growth model," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 46(1), pages 195-218.
    2. Özlem Onaran & Cem Oyvat & Eurydice Fotopoulou, 2019. "The effects of gender inequality, wages, wealth concentration and fiscal policy on macroeconomic performance," FMM Working Paper 50-2019, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    3. Bitros, George C., 2020. "Demand adjusted capital input and potential output in the context of U.S. economic growth," The Journal of Economic Asymmetries, Elsevier, vol. 21(C).

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