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The Theory of Economic Growth

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Economic Theory
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Abstract

As a rule, economic growth is not measured against production capacity, which is very difficult to estimate, but against national production. In this chapter, we define economic growth as a sustained increase in the net real national product (or income) per inhabitant.

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Notes

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© 1986 Springer Science+Business Media Dordrecht

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van Meerhaeghe, M.A.G. (1986). The Theory of Economic Growth. In: Economic Theory. Springer, Dordrecht. https://doi.org/10.1007/978-94-017-1365-8_7

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  • DOI: https://doi.org/10.1007/978-94-017-1365-8_7

  • Publisher Name: Springer, Dordrecht

  • Print ISBN: 978-94-017-1367-2

  • Online ISBN: 978-94-017-1365-8

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