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Strategic Competition, Dynamics, and the Role of the State /
Moudud, Jamee K.
Strategic Competition, Dynamics, and the Role of the State / Moudud, Jamee K. - Edward Elgar Pub, 2010 - 167 pages
This study investigates the policy implications of a long-run cyclical growth model in the tradition of Sir Roy Harrod. Emphasizing the role of Keynesian uncertainty, it 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. By extending Sir Roy's insights, Jamee Moudud discusses taxation and public investment policies and the relevance of capital budgeting for raising the Harrodian warranted growth path.
9781845429232
Business & Economics
339.5 / MOU
Strategic Competition, Dynamics, and the Role of the State / Moudud, Jamee K. - Edward Elgar Pub, 2010 - 167 pages
This study investigates the policy implications of a long-run cyclical growth model in the tradition of Sir Roy Harrod. Emphasizing the role of Keynesian uncertainty, it 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. By extending Sir Roy's insights, Jamee Moudud discusses taxation and public investment policies and the relevance of capital budgeting for raising the Harrodian warranted growth path.
9781845429232
Business & Economics
339.5 / MOU