From the Theory of Growth to the Theory of the Growing Economy

  • Hans Christoph Binswanger


The sustained growth process that began after the end of the Second World War made it necessary to add to the static neoclassical theory a separate theory of growth. The latter was established by R. M. Solow (1956) in his essay “A Contribution to the Theory of Economic Growth.”


Human Capital Production Factor Balance Growth Conventional Theory Marginal Return 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Institute for Economy and the EnvironmentUniversity of St.GallenSt. GallenSwitzerland

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