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Selected Theories of Economic Growth

Authors: ONAKOYA Adegbemi

Publication Type: Chapters in Books

Journal: In Anthology Of Theories And Their Applications In Social & Management Sciences

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Abstract

The chapter carried out a vertical or in-depth analysis of the three main schools of thought; classical, neo-classical and endogenous (new growth theory). The horizontal analysis of a wide range of issues connected with growth theory are, also reviewed including competition, technical change, growth inclusiveness and vintage capital. The stages (evolutionary / revolutionary) and sectoral impact approaches to economic growth are, also presented. The chapter, covers the: Definitions of economic growth and economic development, Distinguishing features between economic growth and development, Harrod-Domar growth model, The Neoclassical growth theory, Solow and Solow-Swan Neoclassical model, The New Growth Theories, Lucas Endogenous Growth Theory, Romer’s Model of Technological Change, Historical Stages of Growth Theories, Rostow’ Stages growth theory, Karl Marx’s Historical Materialism, Sectoral Drivers Growth Theories, Kaldor-Verdoorn's Law, Thirlwall's Export Constrained Growth Law, Vintage Theory, Inclusive Growth Model, Dependency Model

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ONAKOYA,A. . (0000). Selected Theories of Economic Growth, 1 (), 63-63.

ONAKOYA,A. . "Selected Theories of Economic Growth" 1, no (), (0000): 63-63.

ONAKOYA,A. and . (0000). Selected Theories of Economic Growth, 1 (), pp63-63.

ONAKOYAA, . Selected Theories of Economic Growth. 0000, 1 ():63-63.

ONAKOYA,Adegbemi , . "Selected Theories of Economic Growth", 1 . (0000) : 63-63.

O.Adegbemi , "Selected Theories of Economic Growth" vol.1, no., pp. 63-63, 0000.

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