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Trends in the Allocation of Resources in Secular Growth

In: Economic Progress

Author

Listed:
  • W. W. Rostow

    (Massachusetts Institute of Technology)

Abstract

This paper probes at the following problem: how shall we go about analysing the relation between economic growth in general and economic growth in particular sectors of an economy? This problem translates itself into a consideration of the relation between the overall rate of growth in (say) real income, or real income per capita, and the pattern of current and past investment outlays.

Suggested Citation

  • W. W. Rostow, 1987. "Trends in the Allocation of Resources in Secular Growth," International Economic Association Series, in: León H. Dupriez & Austin Robinson (ed.), Economic Progress, edition 0, chapter 15, pages 294-309, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-08440-1_15
    DOI: 10.1007/978-1-349-08440-1_15
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