Theoretical Problems of Economic Growth

  title={Theoretical Problems of Economic Growth},
  author={Joseph Alois Schumpeter},
  journal={The Journal of Economic History},
  pages={1 - 9}
  • J. Schumpeter
  • Published 1947
  • Economics
  • The Journal of Economic History
It is with some diffidence that I submit the following notes which I have not been able to work up into a fully developed argument. The inartistic use of numerals has been resorted to in order to mark off clearly the various problems touched upon. 

The Integration of Theory and History

If one accepts Joseph A. Schumpeter’s argument that innovation is the “fundamental phenomenon of economic development,” then to under-stand the process of economic development requires that we study

The Economic Complexity of Technology and Innovation

Technology has been a problematic and intriguing area of investigation for economists ever since the early investigations of classical economists into the origins of the wealth of nations. The

Schumpeter and economic man

Purpose - The purpose of this paper is to examine the writings of Joseph Schumpeter on economic man to demonstrate that Schumpeter is a precursor of personalist economics. Design/methodology/approach

Role of History in Economic Theory: Critical Realism and Joseph Schumpeter's Plea for Entrepreneurial History

but are constrained and enabled by “concrete living institutions” and social, economic and political factors, and therefore “...they can best be examined in concrete historical settings.” (Cole, 1946

The impact of monetary policy on wage dispersion and economic growth

This study presents a novel theoretical framework to understand the impact of monetary policy on wage dispersion and labor allocation. We build an endogenous growth model with cash-in-advance (CIA)

Determinants of Economic Growth in the Pre-Crisis Period 4

This paper analyses the determinants of economic growth in the post WWII to the pre-crisis period (1953-2007) using the dynamic generalized methods of moments (GMM) panel approach to determine

J.A. Schumpeter and the Theory of Economic Evolution (One Hundred Years beyond the Theory of Economic Development)

The centennial of the publication of Schumpeter's Theory of Economic Development is an occasion to look back in appraisal and an opportunity to look forward in anticipation to consider anew the

Schumpeter's economic theory and the dynamic accounting view of the firm: neglected pages from the Theory of Economic Development

Abstract The first English translation of some of Schumpeter's (1926) pages of the Theory of Economic Development is presented. These neglected pages are remarkable because they significantly add to

A schumpeterian heterogeneous agent model of the Business Cycle

An essential feature of Schumpeter’s business cycle theory is the attempt to explain the macrodynamics of an economy by means of innovative heterogeneous agents. It has been criticized for being


Economic growth and development represent, firstly and without any doubt, main objectives that worldwide countries take into consideration when elaborating their national strategies. What triggers