The hidden face of endogenous growth theory: Analytical and ideological perspectives in the era of neoliberal globalization

Review of Radical Political Economics

Volumn 38, Issue 2, 2006, Pages 243-257

  Herrera, Rémy ^a  

^a UNIVERSITÉ PARIS 1 PANTHÉON SORBONNE   (France)

Author keywords

Endogenous growth; Externalities; Increasing returns; Knowledge; Neoliberal globalization; Public good; State

Indexed keywords

EID: 33646869338     PISSN: 04866134     EISSN: 15528502     Source Type: Journal    
DOI: 10.1177/0486613405285426     Document Type: Article

References (55)

1. Aghion, P., and P. Howitt. 1998. Endogenous growth theory. Cambridge, MA: MIT Press.
2. Amin, S., and R. Herrera. 2000. El sur en el sistema mundial en transformación. Marx ahora: Revista internacional de filosofia 10: 161-78.
3. Arrow, K. 1962. The economic implications of learning by doing. Review of Economic Studies 29: 155-73.
4. Arrow, K., and M. Kurz. 1970. Public investment, the rate of return, and optimal fiscal policy. Baltimore: John Hopkins University Press.
5. Azariadis, C., and A. Drazen. 1990. Threshold externalities in economic development. Quarterly Journal of Economics 104: 501-26.
6. Barro, R. J. 1988. Government spending in a simple model of endogenous growth. NBER Working Papers 2588. New York: National Bureau of Economic Research.
7. Barro, R. J., and X. Sala-i-Martin. 1995. Economic growth. New York: McGraw-Hill.
8. Becker, G. S. 1964. Human capital. New York: Columbia University Press.
9. Becker, G. S., K. M. Murphy, and R. Tamura. 1990. Human capital, fertility, and economic growth. Journal of Political Economy 98: S12-S37.
10. Bourdieu, P. 1979. La distinction. Paris: Editions de Minuit.
11. Bush, G. W. 2001. Blueprint: "No child left behind." Washington, DC: U.S. Department of Education. http://www.ed.gov/inits/ nclb.
12. De Long, J. B., and L. H. Summers. 1991. Equipment investment and economic growth. Quarterly Journal of Economics 106: 445-502.
13. Feldstein, M. 1974. Incidence of capital income tax in a growing economy with variable saving rates. Review of Economic Studies 34: 505-13.
14. Fine, B. 2000. Endogenous growth theory: A critical assessment. Cambridge Journal of Economics 24: 245-65.
15. Foley, D. 1982. Value of money, the value of labor power, and the Marxian transformation problem. Review of Radical Political Economics 14: 37-47.
16. Foley, D. 1986. Understanding capital: Marx's economic theory. Cambridge, MA: Harvard University Press.
17. Goodwin, R. M. 1967. A growth cycle. In Socialism, capitalism and economic growth, ed. C. H. Feinstein, 54-58. Cambridge: Cambridge University Press.
18. Grossman, G., and E. Helpman. 1989. Quality ladders and product cycles. NBER Working Papers 3201. New York: National Bureau of Economic Research.
19. Guerrien, B. 1989. La théorie néo-classique. Paris: Economica.
20. Harrod, R. F. 1939. An essay in dynamic theory. Economic Journal 49: 14-33.
21. Herrera, R. 1998. Dépenses publiques d'éducation et capital humain dans un modèle convexe de croissance endogène. Revue économique 49: 831-44.
22. Herrera, R. 2000. Por una crítica da nova teoria neoclássica do crescimento. Revista da Sociedade Brasileira de Economia Política 7: 55-73.
23. Herrera, R. 2003. Neo-classical economic science fiction and neo-liberal reality. CNRS - University of Paris 1 Panthéon-Sorbonne Working Papers 36. Paris: National Center for Scientific Research (CNRS).
24. Herrera, R. 2004. Good governance against good government? United Nations Report. E/CN.4/2004/NGO/124. Geneva: United Nations.
25. Kaldor, N. 1957. A model of economic growth. Economic Journal 67: 591-624.
26. King, M. A., and M. Robson. 1989. Endogenous growth and the role of history. NBER Working Papers 3151. New York: National Bureau of Economic Research.
27. Klamer, A. 1988. Conversations with economists: New classical economists and their opponents speak out on the current controversy in macroeconomics. Totowa, NJ: Rowman & Littlefield.
28. Knight, M., N. Loayza, and D. Villaneuva. 1993. Testing the neoclassical theory of economic growth: A panel data approach. IMF Staff Papers 40: 512-41.
29. Krueger, A. O. 1990. Government failures in development. NBER Working Papers 3340. New York: National Bureau of Economic Research.
30. Krueger, A. O., and D. Orsmond. 1990. Impact of government and trade. NBER Working Papers 3545. New York: National Bureau of Economic Research.
31. Krugman, P. 1990. Increasing returns and economic geography. NBER Working Papers 3275. New York: National Bureau of Economic Research.
32. Kydland, F. E., and E. C. Prescott. 1982. Time to build and aggregate fluctuations. Econometrica 50: 1345-70.
33. Lipman, P. 2001. Bush's education plan, globalization, and the politics of race. http://eserver.org/clogic/4-1/lipman.html.
34. Lucas, R. 1981. Methods and problems in business cycle theory. In Studies in business cycle theory R. Lucas, ed., 271-96. Cambridge, MA: MIT Press.
35. Lucas, R. 1988. On the mechanisms of economic growth. Journal of Monetary Economics 22: 3-42.
36. Malinvaud, E. 1993. Regard d'un ancien sur les nouvelles théories de la croissance. Revue d'économie politique 44: 171-88.
37. Mankiw, G., D. Romer, and D. Weil. 1992. A contribution to the empirics of economic growth. Quarterly Journal of Economics 107: 407-27.
38. Marx, K. 1988. Das kapital, kritik der politischen okonomie. Berlin: Dietz Verlag.
39. Pagano, M. 1993. Financial markets and growth. European Economic Review 37: 613-622.
40. Pritchett, L. 1999. Where has all the education gone? Washington, DC: World Bank.
41. Rebelo, S. 1990. Long run policy analysis and long run growth. NBER Working Papers 3325. New York: National Bureau of Economic Research.
42. Robinson, J. 1953. The production function and the theory of capital. Review of Economic Studies 21: 81-106.
43. Romer, P. M. 1986. Increasing returns and long-run growth. Journal of Political Economy 94: 1002-37.
44. Romer, P. M. 1983. Dynamic competitive equilibria with externalities, increasing returns and unbounded growth. PhD dissertation. Chicago: University of Chicago.
45. Romer, P. M. 1990. Endogenous technological change. Journal of Political Economy 98: S71-S102.
46. Romer, P. M. 1999. Conversations with economists: Interpreting macroeconomics, by B. Snowdon and H. Vane. http://www.stanford.edu/ ~promer/Int_re_macro.html.
47. Rosenstein-Rodan, P. N. 1984. Natura facit saltum: Analysis of the disequilibrium growth process. In Pioneers in development, ed. G. M. Meir and D. Seers, 207-9. Oxford: Oxford University Press.
48. Sala-i-Martin, X. 1990. Lecture notes on economic growth. NBER Working Papers 3563-4. New York: National Bureau of Economic Research.
49. Schumpeter, J. A. 1942. Capitalism, socialism and democracy. New York: Harper.
50. Solow, R. M. 1956. A contribution to the theory of economic growth. Quarterly Journal of Economics 70: 65-94.
51. Solow, R. M. 1987. Growth theory and after. Nobel Prize in Economic Science Lecture. In Growth theory: An Exposition, 2nd ed., R. M. Solow, ed., ch. 1. Oxford: Oxford University Press.
52. Sonnenschein, H. 1973. Do Walras identity and continuity characterize the class of excess demand functions? Journal of Economic Theory 6: 345-54.
53. Stern, N. 1992. Le rôle économique de l'etat dans le développement. Lausanne, Switzerland: Payot.
54. Uzawa, H. 1965. Optimal technical change in an aggregative model of economic growth. International Economic Review 6: 18-31.
55. World Bank. 1999. World development report 1998-1999. Washington, DC: World Bank. http://www.worldbank.org/wdr/wdr98/contents.