{"product_id":"9783540675631","title":"Lecture Notes in Economics and Mathematical Systems","description":"\u003ch1\u003eLecture Notes in Economics and Mathematical Systems\u003c\/h1\u003e \u003ch2\u003eSteger, Thomas\u003c\/h2\u003e \u003cp\u003eFour 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.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2000-08-04\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783540675631\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-642-45784-5\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 151\u003c\/p\u003e ","brand":"Springer Berlin Heidelberg","offers":[{"title":"Default Title","offer_id":44358955073676,"sku":"9783540675631","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783540675631.jpg?v=1774028680","url":"https:\/\/lateknightbooks.com\/products\/9783540675631","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}