R. F. Harrod: Methodology and Dynamic Growth

  • J. A. Kregel


Sir Roy Harrod is, without much dispute, the first economist to consider the analysis of economic growth as requiring dynamic concepts of a very unique nature. The Harrod conception of dynamism was initially formulated in a 1934 paper, ‘The Expansion of Credit in an Advancing Economy’, where Harrod states that ‘It is an enquiry into the relation between the rates of increase in a regularly advancing society…’.1


Depression Income Assure Antimony Plague 


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  1. 1.
    See Joan Robinson, ‘Harrod after Twenty-one Years’, Economic Journal, Lxxx (Sep. 1970), for an analysis of the problem of the level of prices and a possible solution. Harrod’s comment to this paper is particularly revealing.Google Scholar

Copyright information

© J. A. Kregel 1971

Authors and Affiliations

  • J. A. Kregel
    • 1
  1. 1.University of BristolUK

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