Universidad Complutense de Madrid
E-Prints Complutense

Schumpeterian aspects of growth and its correlative classical and neoclassical approaches

Impacto

Downloads

Downloads per month over past year

Berumen, Sergio A. and Llamazares, Francisco (2015) Schumpeterian aspects of growth and its correlative classical and neoclassical approaches. Papeles de Europa, 28 (1). pp. 116-137. ISSN 1989-5917

[img]
Preview
PDF
634kB

Official URL: http://dx.doi.org/10.5209/rev_PADE.2015.v28.n1.50183




Abstract

Economic growth is a central concept in economic theory. Modern societies regard growth as an important determinant for rising standards of living. These effects can be observed not only in more goods and services but also in brand new products and processes. Investment in human capital is regarded as the very source of long-term, sustainable economic growth. The purpose of this article is to provide a brief description of economic growth, how to approach its measurement, and to provide a brief review of the Schumpeterian thought and the main schools that have undertaken its analysis.


Item Type:Article
Uncontrolled Keywords:Economic growth; Schumpeterian thought; Classical and Neoclassical Approaches.
Subjects:Social sciences > Economics > Economic development
Social sciences > Economics > Economic history
JEL:B25, B41, O42, P59
ID Code:46409
Deposited On:21 Feb 2018 13:48
Last Modified:21 Feb 2018 13:48

Origin of downloads

Repository Staff Only: item control page