Advertisement

Table of contents

  1. Front Matter
    Pages N2-v
  2. Hans Ulrich Buhl
    Pages 1-3
  3. Hans Ulrich Buhl
    Pages 4-18
  4. Hans Ulrich Buhl
    Pages 19-118
  5. Hans Ulrich Buhl
    Pages 126-129
  6. Hans Ulrich Buhl
    Pages 130-139
  7. Hans Ulrich Buhl
    Pages 140-146
  8. Back Matter
    Pages 147-149

About this book

Introduction

The distribution of capital and income in general and its re­ lation to wealth and economic growth in particular have attrac­ ted economists' interest for a long time already. Especially the, at least partially, conflicting nature of the two politi­ cal objectives, namely to obtain substantially large economic growth and a "just" income distribution at the same time, has caused the topic to become a subject of political discussions. As a result of these discussions, numerous models of workers' participation in the profits of growing economies have been developed. To a minor extent and with quite diverse success, some have been implemented in practice. It is far beyond the scope of this work to outline all these approaches from the past centuries and, in particular, the past decades. In economic theory many authors, for instance Kaldor [1955], Krelle [1968], [1983], Pasinetti [1962], Samuelson and Modigli­ ani [1966], to name but a few, have analyzed the long-term eco­ nomic implications of workers' saving and investment. While most of this extensive literature is highly interesting, it suffers from the fact that it does not explicitly consider either workers' or capitalists' objectives and thus neglects their impacts on economic growth. Thus, in the framework of a neo-classical model, these objectives and their impacts will be emphasized here.

Keywords

economic growth economic theory growth income distribution

Authors and affiliations

  • Hans Ulrich Buhl
    • 1
  1. 1.Institut für Wirtschaftstheorie und Operations ResearchUniversität KarlsruheKarlsruhe 1Germany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-46568-0
  • Copyright Information Springer-Verlag Berlin Heidelberg 1986
  • Publisher Name Springer, Berlin, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-540-16062-5
  • Online ISBN 978-3-642-46568-0
  • Series Print ISSN 0075-8442
  • Buy this book on publisher's site
Industry Sectors
Pharma
Biotechnology
Finance, Business & Banking
Oil, Gas & Geosciences