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Strategic Competition, Dynamics, and the Role of the State / Moudud, Jamee K.

By: Publication details: Edward Elgar Pub, 2010Description: 167 pagesISBN:
  • 9781845429232
Subject(s): DDC classification:
  • 339.5 MOU
Summary: 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.
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English Books Anna Centenary Library 4TH FLOOR, A WING 339.5 MOU (Browse shelf(Opens below)) Available 358272

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.

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