The Impact of Science on Economic Growth and Its Cycles 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Aulin, Arvid 作者

Springer Verlag

译者

1998 出版日期

204 页数

$ 84.69 价格

Pap

丛书系列

9783540647270 图书编码

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The Impact of Science on Economic Growth and Its Cycles 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly varying lengths, not any stochastic process as usually applied for this purpose. Furthermore, a special extended value function and generalized human capital are needed for a correct representation of scientific and technological innovation. Finally, the correct nonlinear macroeconomic dynamics are not reducible to microeconomics, for both of the above mentioned reasons.

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