Artikel
Understanding the Drivers of Economic Growth: Grounding Endogenous Economic Growth Models in Resource-Advantage Theory
Foss (2012) provides an informed and informative comment on my article 'Trust, Personal Moral Codes, and the Resource-Advantage Theory of Competition: Explaining Productivity, Economic Growth, and Wealth Creation' (Hunt, 2012). In general, his comment is highly supportive of both the theory and the arguments developed in my article. He does, however, raise certain issues that need to be addressed. These issues relate to the concept of total factor productivity, the role of institutions in promoting economic growth, and the importance of understanding how transaction costs impact entrepreneurship and economic growth. This reply focuses on his discussion of growth economics and endogenous economic growth models.
- Sprache
-
Englisch
- Erschienen in
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Journal: Contemporary Economics ; ISSN: 2084-0845 ; Volume: 6 ; Year: 2012 ; Issue: 4 ; Pages: 4-6 ; Warsaw: Vizja Press & IT
- Klassifikation
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Wirtschaft
Neoclassical Models of Trade
Computable General Equilibrium Models
International Policy Coordination and Transmission
Current Account Adjustment; Short-term Capital Movements
- Thema
-
ethics
trust
resource-advantage theory
economic growth
endogenous economic growth models
consumer behaviour
purchase decision making
decision-making process
- Ereignis
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Geistige Schöpfung
- (wer)
-
Hunt, Shelby D.
- Ereignis
-
Veröffentlichung
- (wer)
-
Vizja Press & IT
- (wo)
-
Warsaw
- (wann)
-
2012
- DOI
-
doi:10.5709/ce.1897-9254.62
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:45 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Hunt, Shelby D.
- Vizja Press & IT
Entstanden
- 2012
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