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Strategic competition, dynamics, and the role of the state : a new perspective / Jamee K. Moudud ; foreword by Anwar M. Shaikh

By: Contributor(s): Resource type: Ressourcentyp: Buch (Online)Book (Online)Language: English Series: New directions in modern economics | Edward Elgar E-Book ArchivePublisher: Northampton, Mass : Edward Elgar Pub, 2010Description: 1 Online-Ressource (xiii, 167 p) : illISBN:
  • 9781849805407
Subject(s): Additional physical formats: 1845429230 | 9781845429232 (hardback) | Erscheint auch als: Strategic competition, dynamics, and the role of the state. Druck-Ausgabe Cheltenham [u.a.] : Elgar, 2010. XIII, 167 S.DDC classification:
  • 339.5 22
  • A339.5
RVK: RVK: QC 000LOC classification:
  • HB145
DOI: DOI: 10.4337/9781849805407Online resources: Summary: Jamee Moudud provides a new microfoundational explanation for the Harrodian long-run or warranted growth rate. The author, emphasizing the role of Keynesian uncertainty, shows that the growth model is anchored in a new interpretation of the Oxford Economists" Research Group's microeconomic analysis and a variant of the stock-flow consistent framework. In a distinctly Kaldorian vein, Jamee Moudud discusses the relationship between capital budgeting, public investment, and taxation policy as it relates to the warranted growth rate and its impact on long-term involuntary unemploymentSummary: 1. Introduction -- 2. The microfoundations of long-run growth : controversies on capacity utilization and competition -- 3. A review of the literature on growth -- 4. A model of disequilibrium dynamics -- 5. Warranted growth and the role of the state -- 6. Conclusion : the relevance of microfoundations and politicsPPN: PPN: 1023434113Package identifier: Produktsigel: ZDB-1-EWE
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