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	Provedor de dados AgEcon (1) Autor Lopez, Ramon E. (1) Stocking, Andrew (1) Palavra-chave E22 (1) Endogenous growth theory (1) Environmental Economics and Policy (1) International Development (1) Labor and Human Capital (1) O41 (1) Political Economy (1) Q01 (1) Stagnation (1) Structural change (1) Unbalanced growth (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2009 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Bringing Growth Theory "Down to Earth" AgEcon Lopez, Ramon E.; Stocking, Andrew. Explicitly accounting for certain basic physical laws governing the “earth” sector dramatically enriches our ability to explain a high degree of diversity in observed patterns of economic growth. We provide a theoretical explanation of why some countries have been able to sustain a more or less constant and positive rate of economic growth for many decades while so many others have failed to do so. The analysis predicts that countries that have an over abundance of physical capital (a concept that is precisely defined in the text) may be unable to sustain a positive rate of economic growth over the long run. Too much physical capital may affect the dynamics of the economy ultimately leading to stagnation. The plausibility of the growth model introduced... Tipo: Working or Discussion Paper Palavras-chave: Endogenous growth theory; Unbalanced growth; Structural change; Stagnation; Environmental Economics and Policy; International Development; Labor and Human Capital; Political Economy; E22; Q01; O41. Ano: 2009 URL: http://purl.umn.edu/48944 Registros recuperados: 1 Primeira ... 1 ... Última

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