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economic growth
(redirected from Growth theory)

    Also found in: Financial, Encyclopedia, Wikipedia 0.07 sec.

economic growth

Rate of growth of output of all goods and services in an economy, usually measured as the percentage increase in gross domestic product or gross national product from one year to the next. It is regarded as an indicator of the rate of increase or decrease (if economic growth is negative) in the standard of living.



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? Mentioned in ? References in periodicals archive
 
But UCLA economist Benjamin Klein finds their work "unrealistic," and Paul Romer, a Stanford economist whose path-breaking development of new growth theory is the focus of much of Boldrin and Levine's critique, considers their logic flawed and their assumptions implausible.
Creation myths: does innovation require intellectual property rights? by Clement, Douglas / Reason
Growth theory deals with the economic development of nations, with special focus on the drivers of growth.
The importance of organizational infrastructure (OI). (Intangibles) by Lev, Baruch / Financial Executive
INSIGHTS FROM New Growth Theory reframe many environmental problems and suggest some surprising solutions.
The Law of Increasing Returns by Bailey, Ronald / The National Interest
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