The Science of Economic Development and Growth: The Theory of Factor Proportions: The Theory of Factor Proportions

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Routledge, Jul 8, 2016 - Business & Economics - 384 pages
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A theoretical framework aiming to facilitate study of development economics. The author presents his theory in three sections: how advanced nations developed; a proposed third dimension, in addition to labour and capital; and why capital accumulation is unnecessary, even potentially harmful.
 

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Contents

1 Taking Stock
3
2 Science and Economic Development
35
3 Theory of Factor Proportions
67
4 Is the Technology There?
115
5 International Trade Versus Economic Development and Growth
153
6 International Factor Mobility
185
7 The World Economy and Globalization
231
A Historical Perspective
283
Third Industrial Divide
337
10 Conclusion
365
Notes
373
Index
399
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