Aggregate Demand, Aggregate Supply and Economic Growth

Aggregate Demand, Aggregate Supply and Economic Growth
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总需求、总供给和经济增长

DOI:
10.1080/02692170600736094
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发表时间:
2006
影响因子:
2.2
通讯作者:
A. Dutt
A. Dutt
中科院分区:
--
文献类型:
--
作者:
A. Dutt

文献摘要

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摘要新古典主义和新增长理论的主流增长理论都没有总需求的地位,而凯恩斯主义的总需求决定增长的增长模型则忽视了总供给的作用。通过假设技术变革的速度对劳动力市场条件的反应,本文开发了一个简单的和传统的增长模型,综合了总需求和总供给的作用。该模型显示了经济的长期均衡增长率(失业率保持不变)如何受到总需求的影响。
Abstract While mainstream growth theory in its neoclassical and new growth theory incarnations has no place for aggregate demand, Keynesian growth models in which aggregate demand determines growth neglect the role of aggregate supply. By assuming that the rate of technological change responds to labour market conditions, this paper develops a simple and conventional growth model that integrates the roles of aggregate demand and aggregate supply. The model shows how the long‐run equilibrium growth rate of the economy, at which the unemployment rate is constant, can be affected by aggregate demand.