The Elements and Dynamic Systems of Economic Growth and Trade Models: Economic Theory and Axiomatic Analysis of Expanding Economies in Historical Pers
Jensen, Bjarne S.
- 出版商: Palgrave MacMillan
- 出版日期: 2024-11-05
- 售價: $6,560
- 貴賓價: 9.5 折 $6,232
- 語言: 英文
- 頁數: 1482
- 裝訂: Hardcover - also called cloth, retail trade, or trade
- ISBN: 3031524926
- ISBN-13: 9783031524929
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商品描述
This updated and expanded book examines the fundamentals of economic growth models as expressed by dynamic systems of nonlinear differential equations. With homogeneous dynamic systems as the unifying mathematical framework, the time paths and long-run stability properties of the solutions to classical, neoclassical, and modern macroeconomic growth models are analyzed. The general structure and solutions of two-sector and multi-sector growth models are also explored, with special attention given to the evolution of output compositions and sectoral factor allocations involved in Walrasian general equilibrium dynamics. Ramsey optimal growth (saving) models with variable intertemporal substitution (non-homothetic utility) are discussed to demonstrate the ability to generate a realistic historically observed evolution of economic per capita growth rates and saving rates.
The book aims to highlight how basic economic growth models can be extended widely, including international trading economies, world market prices, commodity trade patterns, and issues related to globalization, migrations, and international factor movements. It will be relevant to students and researchers interested in economic growth and trade policy.
商品描述(中文翻譯)
這本更新且擴充的書籍探討了經濟增長模型的基礎,這些模型以動態系統的非線性微分方程表示。以同質動態系統作為統一的數學框架,分析了古典、新古典和現代宏觀經濟增長模型解的時間軌跡和長期穩定性特性。還探討了兩部門和多部門增長模型的一般結構和解,特別關注華拉斯一般均衡動態中涉及的產出組成和部門要素配置的演變。討論了具有變動跨期替代(非齊次效用)的拉姆齊最適增長(儲蓄)模型,以展示其能夠生成符合歷史觀察到的經濟人均增長率和儲蓄率演變的現實情況。
本書旨在突顯基本的經濟增長模型可以廣泛擴展,包括國際貿易經濟、世界市場價格、商品貿易模式以及與全球化、移民和國際要素流動相關的問題。對於對經濟增長和貿易政策感興趣的學生和研究人員具有相關性。
作者簡介
Bjarne S. Jensen is Professor of Applied Economics at the Faculty of Business and Social Sciences, University of Southern Denmark (SDU).
作者簡介(中文翻譯)
Bjarne S. Jensen 是丹麥南部大學(SDU)商學與社會科學學院應用經濟學教授。