Skip to main content
SpringerLink
Log in

Transitional Dynamics and Economic Growth in Developing Countries

  • Book
  • © 2000

Overview

Authors:
  1. Thomas Steger

    1. Economics Research Department, DGZ Deka Bank, Frankfurt, Germany

    View author publications

    You can also search for this author in PubMed   Google Scholar

Part of the book series: Lecture Notes in Economics and Mathematical Systems (LNE, volume 489)

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 54.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (7 chapters)

  1. Front Matter

    Pages I-VIII
    Download chapter PDF

  2. Introduction

    • Thomas Steger
    Pages 1-2

  3. Preliminaries

    • Thomas Steger
    Pages 3-20

  4. Economic growth with subsistence consumption

    • Thomas Steger
    Pages 21-60

  5. Productive consumption and growth in developing countries

    • Thomas Steger
    Pages 61-105

  6. Transitional dynamics with endogenous control variables

    • Thomas Steger
    Pages 107-135

  7. Summary and conclusion

    • Thomas Steger
    Pages 137-139

  8. References

    • Thomas Steger
    Pages 141-148

  9. Back Matter

    Pages 149-156
    Download chapter PDF
Back to top

Keywords

About this book

Four stylised facts of aggregate economic growth are set up initially. The growth process is interpreted to represent transitional dynamics rather than balanced-growth equilibria. Against this background, the fundamental importance of subsistence consumption is comprehensively analysed. Subsequently, the meaning of the productive-consumption hypothesis for the intertemporal consumption trade-off and the growth process is investigated. Finally, the process of growth is analysed empirically by means of cross-sectional conditional convergence regressions with endogenous control variables.

Authors and Affiliations

  • Economics Research Department, DGZ Deka Bank, Frankfurt, Germany

    Thomas Steger

Bibliographic Information

Publish with us

Policies and ethics

Back to top

Search

Navigation