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economic growth
(redirected from Growth theory)

    Also found in: Encyclopedia, Wikipedia, Hutchinson 0.06 sec.
Economic growth
An increase in the nation's capacity to produce goods and services. Usually refers to real GDP growth.
economic growth
An increase in the production levels of goods and services. If measured in monetary terms, the increases must occur after adjustments for inflation have been made.


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But UCLA economist Benjamin Klein finds their work "unrealistic," and Paul Romer, a Stanford economist whose path-breaking development of new growth theory is the focus of much of Boldrin and Levine's critique, considers their logic flawed and their assumptions implausible.
Creation myths: does innovation require intellectual property rights? by Clement, Douglas / Reason
Growth theory deals with the economic development of nations, with special focus on the drivers of growth.
The importance of organizational infrastructure (OI). (Intangibles) by Lev, Baruch / Financial Executive
INSIGHTS FROM New Growth Theory reframe many environmental problems and suggest some surprising solutions.
The Law of Increasing Returns by Bailey, Ronald / The National Interest
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