Theoretical Discussion over the Methodology and Economic-Policy Conclusions of Selected Theories of Economic Growth

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F46747885%3A24310%2F12%3A%230001856" target="_blank" >RIV/46747885:24310/12:#0001856 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

čeština

Original language name

Theoretical Discussion over the Methodology and Economic-Policy Conclusions of Selected Theories of Economic Growth

Original language description

This article aims to present the main conclusions of various theoretical approaches to investigation of the issue of economic growth within the mainstream economic theories, to assess their relevance to economic practice, and to evaluate the adequacy oftheir research methods used in solving the given issue. The main attention is paid to the concept of economic growth or creation and distribution of wealth within the English school of classical political economy, Harrod-Domar model, as an attempt to dynamize Keynesian economics, Solow-Swan model of economic growth, economic models of endogenous growth, and the new stylized facts of growth by C. Jones and P. Romer. For all investigated model approaches (except classical school and Kaldor approach), theauthors of this paper arrive at the opinion that the recommendations for economic practice and used research methods are not adequate..

Czech name

Theoretical Discussion over the Methodology and Economic-Policy Conclusions of Selected Theories of Economic Growth

Czech description

This article aims to present the main conclusions of various theoretical approaches to investigation of the issue of economic growth within the mainstream economic theories, to assess their relevance to economic practice, and to evaluate the adequacy oftheir research methods used in solving the given issue. The main attention is paid to the concept of economic growth or creation and distribution of wealth within the English school of classical political economy, Harrod-Domar model, as an attempt to dynamize Keynesian economics, Solow-Swan model of economic growth, economic models of endogenous growth, and the new stylized facts of growth by C. Jones and P. Romer. For all investigated model approaches (except classical school and Kaldor approach), theauthors of this paper arrive at the opinion that the recommendations for economic practice and used research methods are not adequate..

Type

J_x - Unclassified - Peer-reviewed scientific article (Jimp, Jsc and Jost)

CEP classification

AH - Economics

OECD FORD branch

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Project

<a href="/en/project/GA402%2F09%2F0592" target="_blank" >GA402/09/0592: The Development of Economic Theory in the Context of the Economic Integration and Globalization</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2012

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

ACC Journal

ISSN

1803-9782

e-ISSN

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Volume of the periodical

18

Issue of the periodical within the volume

3

Country of publishing house

CZ - CZECH REPUBLIC

Number of pages

12

Pages from-to

110-121

UT code for WoS article

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EID of the result in the Scopus database

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