Arbeitspapier
Jánossy elmélete az új növekedéselmélet tükrében
If Janossy's theory should concisely be drafted, one might say that he had been researching the "real carrier of economic development" in a very original way and having formulated his theory in a specific language. He managed to identify the "carrier" of development focusing on the systematic examination of the post-war reconstruction periods, and setup a hypothesis being ascribed to his name, which allowed him to forecast - as the first and the only one in the world - the end of the post-war golden age, a decade in advance. The present study is aimed at comparing and contrasting Janossy's specifically formulated and highly genuine theories and ideas to the contemporary neo-classical economics and to the endogenous growth theory that have appeared in the nineties. The "real carrier of economic development" matches to the "human capital" of the contemporary neo-classical theory while in the endogenous growth theory it does match to the "technological progress", both appearing as separate factors of production. We present a new growth model that satisfies the best our considerations to which the a longitudinal model fitting is done for Maddison's [2003] historical data - from 1870 to present for the 19 most developed OECD countries - and for the post-war reconstruction period, as well. The same model is applied for a cross-regional analysis, after having calculated the rates of return on capital a ranking has been performed for nearly 300 (EU-27 NUTS 2) regions in the period of 2000-2005.
- ISBN
-
978-963-9796-89-8
- Sprache
-
Ungarisch
- Erschienen in
-
Series: IEHAS Discussion Papers ; No. MT-DP - 2010/2
- Klassifikation
-
Wirtschaft
Macroeconomic Analyses of Economic Development
Economic Development: Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
Technological Change: Choices and Consequences; Diffusion Processes
Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
Economic History: Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations: General, International, or Comparative
- Thema
-
endogenous growth theory
leader-follower model
human capital
Endogenes Wachstumsmodell
Humankapital
Technischer Fortschritt
Innovationsdiffusion
Technologietransfer
Theorie
- Ereignis
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Geistige Schöpfung
- (wer)
-
Tarján, Tamás
- Ereignis
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Veröffentlichung
- (wer)
-
Hungarian Academy of Sciences, Institute of Economics
- (wo)
-
Budapest
- (wann)
-
2010
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Tarján, Tamás
- Hungarian Academy of Sciences, Institute of Economics
Entstanden
- 2010