08/07: Ways of Thinking About Economic Growth: Papers from MED's Growth Seminar Series
[ Last Updated 10 September 2008 ]
Short Description
This Occasional Paper presents five papers by different authors explaining different ways that economists think about economic growth. It is intended to be a companion piece to MED Occasional Paper 08/08
Author
Kenneth Carlaw, Brian Easton, Arthur Grimes, David Mare, Frederic Sautet
September 2008
- ISBN: 978-0-478-31692-6 (HTML)
- ISBN: 978-0-478-31693-3 (PDF)
Abstract
The Ministry of Economic Development ran a series of seminars about economic growth in 2004. One was an economic history of economic growth in New Zealand, three were on different and sometimes contradictory conceptual ways of thinking about economic growth – endogenous growth theory, Austrian economics, and structuralist-evolutionary theory of economic growth. The final seminar outlined the lessons from the previous four seminars and drew conclusions. The papers are non-technical and non-mathematical, and are designed for an audience with only limited knowledge of economics. This Occasional Paper brings the papers produced for the five seminars together as a resource for those interested in different ways of thinking about economic growth and development. It is intended as a companion to MED Occasional Paper 08/08.
JEL Classification O31, O32, O38, B52
Keywords: economic growth, economic development, productivity, innovation, entrepreneur, endogenous growth, Austrian economics
Editor: Roger Procter: Chief Economist, Ministry of Economic Development
Paper Authors:
- Kenneth Carlaw (Associate Professor, Department of Economics, University of British Columbia and the Department of Economics, University of Waikato and UBC)
- Brian Easton (Economic and Social Trust of New Zealand)
- Arthur Grimes (Motu Economic and Public Policy Research, and University of Waikato)
- David Mare (Motu Economic and Public Policy Research)
- Frederic Sautet (Mercatus Centre, George Mason University)
Contact: Occasionalpapers@med.govt.nz
Document Table of Contents
Disclaimer
The views, opinions, findings, and conclusions or recommendations expressed in this Occasional Paper are strictly those of the author(s). They do not necessarily reflect the views of the Ministry of Economic Development. The Ministry takes no responsibility for any errors or omissions in, or for the correctness of, the information contained in these occasional papers. The paper is presented not as policy, but with a view to inform and stimulate wider debate.
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