Demand-led growth theory : a historical approach.
Tipo de material: ArtículoIdioma: Inglés ISSN:- 09538259
Bibliografía : páginas 570-571.
Introduction, 543 ; The growth model with normal utilization, 546 ; Alternative growth model with endogenous utilization, 550 ; The determinants of the super-multiplier, 558 ; Explaining autonomous demand and its growth, 560 ; Technical progress and growth, 565 ; Conclusion, 569
This paper builds upon the keynesian theory of demand-led growth in order to provide an analytical framework for explaining economic growth and development in concrete terms, consistent with the fundamental idea that growth in output and employment is determined by the growth in aggregate demand.
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