Implications of an Endogenous Theory of Growth in Allyn Young's Macroeconomic Concept of Increasing Returns

History of Political Economy

Volumn 29, Issue 3, 1997, Pages 413-443

  Currie, Lauchlin ^b   Sandilands, Roger ^a  

^a UNIVERSITY OF STRATHCLYDE   (United Kingdom)

^b DUKE UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0013000469     PISSN: 00182702     EISSN: None     Source Type: Journal    
DOI: 10.1215/00182702-29-3-413     Document Type: Article

References (32)

1. Abramovitz, Moses. 1989. Thinking about Growth. Cambridge: Cambridge University Press.
2. Baily, N. M., and Chakrabarti, A. 1988. Innovations and the Productivity Crisis. Washington, D.C.: Brookings Institution.
3. Carlson, Keith M. 1990. On Maintaining a Rising U.S. Standard of Living into the Mid-twenty-first Century. Federal Reserve Bank of St. Louis Review 72.2:3-16.
4. Currie, Lauchlin. 1971. The Exchange Constraint on Development: A Partial Solution to the Problem. Economic Journal 81:886-903.
5. _. 1974. The "Leading Sector" Model of Growth in Developing Countries. Journal of Economic Studies 1.1:1-16.
6. _. 1975. Wants, Needs, Well-Being, and Economic Growth. Journal of Economic Studies 2.1:47-59.
7. _. 1981. Allyn Young and the Development of Growth Theory. Journal of Economic Studies 8.1:52-60.
8. De Long, J. Bradford, and Lawrence H. Summers. 1991. Equipment Investment and Economic Growth. Quarterly Journal of Economics 106 (May): 445-501.
9. Denison, Edward F. 1989. Estimates of Productivity Change by Industry. Washington, D.C.: Brookings Institution.
10. Denison, Edward F., and William K. Chung. 1976. How Japan's Economy Grew So Fast: The Sources of Postwar Expansion. In Asia's New Giant, edited by Hugh T. Patrick and Henry Rosovsky. Washington, D.C.: Brookings Institution.
11. Economic Report of the President. 1992. Washington, D.C.: GPO.
12. Kaldor, Nicholas. 1961. Capital Accumulation and Economic Growth. In The Theory of Economic Growth, edited by F. A. Lutz and D. C. Hague. New York: St. Martin's.
13. _. 1972. The Irrelevance of Equilibrium Economics. Economic Journal 82:1237-55.
14. Lucas, Robert E., Jr. 1988. On the Mechanics of Economic Development. Journal of Monetary Economics 22:3-42.
15. Montenegro, Alvaro. 1989. Inversión y PIB: Relaciones de causalidad. Desarrollo y Sociedad (CEDE, Bogota) 23:53-61.
16. Okun, Arthur. 1970. The Political Economy of Prosperity. Washington, D.C.: Brookings Institution.
17. Parkin, Michael, and Robin Bade. 1992. Macroeconomics. Englewood Cliffs, N.J.: Prentice Hall.
18. Pasinetti, Luigi. 1982. Structural Change and Economic Growth. Cambridge: Cambridge University Press.
19. Romer, Paul. 1989a. Capital Accumulation in the Theory of Long-Run Growth. In Modern Business Cycle Theory, edited by Robert J. Barro. Cambridge: Harvard University Press.
20. _. 1989b. What Determines the Rate of Growth and Technological Change? Working paper no. 279, World Bank, Washington, D.C.
21. _. 1992. Two Strategies for Economic Development: Using Ideas and Producing Ideas. In Proceedings of the World Bank Annual Conference on Development Economics, edited by Lawrence H. Summers and Shekhar Shah. Washington, D.C.: World Bank.
22. Sandilands, Roger J. 1990a. The Life and Political Economy of Lauchlin Currie: New Dealer, Presidential Adviser, and Development Economist. Durham, N.C., and London: Duke University Press.
23. _. 1992. Savings, Investment, and Housing in Singapore's Growth, 1965-90. Savings and Development 16.2:119-43.
24. _, ed. 1990b. Nicholas Kaldor's Notes on Allyn Young's LSE Lectures, 1927-29. Journal of Economic Studies 17.3/4.
25. Schultz, T. W. 1988. On Investing in Specialized Human Capital to Attain Increasing Returns. In The State of Development Economics: Progress and Perspectives, edited by Gustav Ranis and T. Paul Schultz. Oxford: Basil Blackwell.
26. Scott, Maurice FG. 1989. A New View of Economic Growth. Oxford: Oxford University Press.
27. _. 1991. A New View of Economic Growth: Four Lectures. Washington, D.C.: World Bank Discussion Paper No. 131.
28. Shafik, N., and J. Jalali. 1991. Are High Real Interest Rates Bad for World Economic Growth? Working paper no. 669, World Bank, Washington, D.C.
29. Solow, R. 1957. Technical Change and the Aggregate Production Function. Review of Economics and Statistics 39:311-20.
30. World Bank. 1989. World Development Report. New York: Oxford University Press for the World Bank.
31. Young, Allyn A. 1928. Increasing Returns and Economic Progress. Economic Journal 38:527-42.
32. _. 1929. LSE Lectures. In Sandilands 1990b.