The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems: 0084-9235 (Contributions in Economics and Economic History) - Image 1

£64.58

Bloomsbury Academic The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems: 0084-9235 (Contributions in Economics and Economic History)

Name: The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems: 0084-9235 (Contributions in Economics and Economic History)
Brand: Bloomsbury Academic
Price: 64.58 GBP
Availability: InStock

Business & Economic History

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Description

Building on his companion volume on closed economic systems, Dompere develops a theory of aggregate investment, optimal capital, and output dynamics for open economic systems under neo-Keynesian conditions with special reference to growth policy. By constructing and tracing the path of equilibrium aggregate investment, the study isolates and analyzes the internal and external factors that influence the adjusting of investment to aggregate finance and profit. It examines the role international trade and finance play in alleviating domestic technological and savings constraints on capital creation and growth. The theory's conclusions are used to analyze the rate of accumulation and finance needed to support a rate of output growth selected as part of an internal aggregate decision process. The analysis is extended to aggregrate development capital-output planning. The study goes on to discuss conceptual and aggregational problems of measures of economic openness implied in the data requirements across national economies. Here a unique set of theoretical measures of economic openness, different from the traditional, is developed. The book, further, presents a critique and appraisal of the essential capital elements implied by endogenous growth theory.

Product Specifications

Brand: Bloomsbury Academic
Format: hardcover
ASIN: 0313307946
Category: Books > Subjects > Business, Finance & Law > Biographies & Histories > Business & Economic History
Domain: Amazon UK
Release Date: 30 November 1999
Listed Since: 08 February 2007

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Bloomsbury Academic The Theory of Aggregate Investment and Output Dynamics in Open Economic Systems: 0084-9235 (Contributions in Economics and Economic History)

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