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Education, Research and Other Unidentified Factors in Growth

  • Ingvar Svennilson
Part of the International Economic Association Series book series (IEA)

Abstract

The assumption: ceteris paribus is, indeed, a necessary prerequisite for any theory that aims at explaining certain specific characteristics of an economic system. Without this assumption the theoretical tools cannot be sharpened. Without it, economics deteriorates to a descriptive or institutional science incapable of explaining economic development.

Keywords

Technical Knowledge Marginal Return Main Innovation Unidentified Factor Real Capital 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© International Economic Association 1965

Authors and Affiliations

  • Ingvar Svennilson
    • 1
  1. 1.StockholmSweden

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