Appunti su a New View of Economic Growth di Maurice Fitzgerald Scott
This paper comments an important book by Maurice FG. Scott, Â«A New View of Economic GrowthÂ». The main contribution of the book is to show that capital investment can sustain endogenous growth, as it embodies technical progress. Neoclassical theories of growth are based on an error in measurement. A possible policy implication is lower taxation of capital income, but an alternative is higher public investment
|Date of creation:||12 Dec 2011|
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