The Impact of Science on Economic Growth and Its Cycles pdf epub mobi txt 电子书 下载 2024


The Impact of Science on Economic Growth and Its Cycles

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Aulin, Arvid
Springer Verlag
1998
204
$ 84.69
Pap
9783540647270

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The Impact of Science on Economic Growth and Its Cycles epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

The Impact of Science on Economic Growth and Its Cycles epub 下载 mobi 下载 pdf 下载 txt 电子书 下载 2024

The Impact of Science on Economic Growth and Its Cycles pdf epub mobi txt 电子书 下载 2024



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The author shows that the enormous gap between theory and facts in modern macroeconomics can only be eliminated by nonlinear macroeconomic dynamics with the following special characteristics: First of all, only certain group-theoretical invariants generate the correct growth cycles with irregularly varying lengths, not any stochastic process as usually applied for this purpose. Furthermore, a special extended value function and generalized human capital are needed for a correct representation of scientific and technological innovation. Finally, the correct nonlinear macroeconomic dynamics are not reducible to microeconomics, for both of the above mentioned reasons.

The Impact of Science on Economic Growth and Its Cycles 下载 mobi epub pdf txt 电子书

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