Endogenous Theory of Growth and Main Economic Schools Cover Image

Ендогенната теория на растежа и основните икономически школи
Endogenous Theory of Growth and Main Economic Schools

Author(s): Atanas Leonidov
Subject(s): Economy
Published by: Институт за икономически изследвания при Българска академия на науките
Keywords: O42

Summary/Abstract: The paper examines the non-equal evaluations of the endogenous or the new theory of the economic growth from the point of view of the concepts for the transaction costs, neoclassic, neoliberalism, post-Keynesism and the “evolution economy”. A conclusion is made that the market structure of the imperfect competition, as well as the “road dependency” of the growth are more important criterion for determining the nature and character of the new theory from the recovering of the long-term sustainable equilibrium of the economy and from the mechanism of the automatic coordination of the savings and investments.

  • Issue Year: 2006
  • Issue No: 2
  • Page Range: 38-70
  • Page Count: 33
  • Language: Bulgarian