Arbeitspapier
The theory of efficient growth
The objective of this paper is to propose an analytical framework to examine the foundations of the theory of efficient growth. The theory of efficient growth is a newly developed theory based on the principles of the neoclassical framework. It argues that an economy grows efficiently under two conditions. First, that the public and the private sectors both perform independently from each other. Second, the sum of their independent performances reaches an equilibrium. This equilibrium determines the optimum point of economic growth, and this optimal point illustrates the efficiency of economic growth.
- Sprache
-
Englisch
- Erschienen in
-
Series: EERI Research Paper Series ; No. 09/2022
- Klassifikation
-
Wirtschaft
Fiscal Policy
Monetary Growth Models
Institutions and Growth
General Equilibrium and Welfare Economic Analysis of Regional Economies
- Thema
-
Economic growth
mathematical economics
economic theory
macroeconomics
business cycle
fiscal policy
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Van, Germinal G.
- Ereignis
-
Veröffentlichung
- (wer)
-
Economics and Econometrics Research Institute (EERI)
- (wo)
-
Brussels
- (wann)
-
2022
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 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
- Arbeitspapier
Beteiligte
- Van, Germinal G.
- Economics and Econometrics Research Institute (EERI)
Entstanden
- 2022
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