Growth, Distribution and Innovations - 9781138806771

Taylor & Francis

Growth, Distribution and InnovationsUnderstanding their Interrelations\nAuthor(s): Amit Bhaduri\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138806771, 978-1138806771\nSynopsis\nIdea for those studying advanced macroeconomic and written by a widely published author, this book outlines a new and more fruitful way of understanding, analyzing and formally modelling economic growth.\n\nIn his series of lectures, collected here in one concise and engaging book, Amit Bhaduri draws on contemporary issues such as the role of competition policy, labour market flexibility and intellectual property rights regime in influencing the rate of economic growth to sketch an alternative approach to mainstream growth theory.\n\nHe explores:\n\nthe role of division of labour\ninnovation and market structure according to Smith, Marx and Schumpter\nthe role of class distribution of income according to Ricardo\nthe principles of effective demand a.