Theory of endogenous growth: political economy and mathematical economy

Two essential features allow us to understand recent developments in growth theory: a new conceptualization to explain its nature, that is, the return to classical political economy and the introduction of the theory of public goods, and some mathematics that allow the formalization of this new conc...

Full description

Autores:
Benavides G., Oscar A.
Tipo de recurso:
Article of journal
Fecha de publicación:
1997
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/48206
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/48206
http://bdigital.unal.edu.co/41566/
Palabra clave:
Teoría del crecimiento
economía política clásica
teoría de bienes públicos
técnicas matemáticas
bienestar
equilibrio
Rights
openAccess
License
Atribución-NoComercial 4.0 Internacional
Description
Summary:Two essential features allow us to understand recent developments in growth theory: a new conceptualization to explain its nature, that is, the return to classical political economy and the introduction of the theory of public goods, and some mathematics that allow the formalization of this new conceptualization. With the development of bothn elements, the article presents the "new" theoretical framework, the formal conditions and the mathematical techniques needed tounderstand current growth theory. This review of these new developments can serve as a point of reference to broeciet, or to question the formulations of endogenous growth theories.