COMMENTS

  1. Economic growth : a review of the theoretical and empirical literature

    In recent years, economists have developed new models of endogenous economic growth that consider policy influences on growth and divergent outcomes among countries. . Economic growth : a review of the theoretical and empirical literature

  2. Towards the Underlying Theories of Small Firm Growth: A Literature Review

    The theory on the growth of a firm has been evolving to enrich the entrepreneurship literature. The Schumpeterian growth model is foundational in entrepreneurship based on the ideology that long-run growth is led by innovation and creative destruction (Schumpeter & Nichol, 1934).Other prominent contributors to firm growth, Penrose and Barney (), pondered small firms as a means to competitive ...

  3. Review Of Theories And Models Of Economic Growth

    The subject of this article is a review of the theories and models of economic growth. In the first section, the author analyzes the theories of economic growth, such as Schumpeter's, Lewis's ...

  4. Towards the Underlying Theories of

    Literature Review The theory on the growth of a firm has been evolving to enrich the entrepreneurship literature. The Schumpeterian growth model is foundational in entrepreneurship based on the ideology that long-run growth is led by innovation and creative destruction (Schumpeter & Nichol, 1934). Other

  5. Fifty years of mathematical growth theory: Classical topics and new

    1. Introduction. Growth theory is one of the most visited research areas in the history of the Journal of Mathematical Economics since its creation in 1974. The first growth paper was published in the journal's first volume, second issue under the title "The modified golden rule of a multisector economy" by Peleg and Ryder (1974).The research questions tackled in this paper were ...

  6. Evaluating growth theories and their empirical support: An assessment

    According to Pack (Citation 1994), the empirical literature on endogenous growth models may not find evidence in favor of such a class of models because many 'empirical tests of endogenous growth theory have, paradoxically, focused on test of convergence implied by neoclassical theory rather than efforts to directly test endogenous growth ...

  7. Towards the Underlying Theories of Small Firm Growth: A Literature Review

    While some literature reviews have been conducted on small firm growth, a comprehensive review of theories emphasizing the association of intangible resources with the growth of small firms has not been conducted. This study aims to provide a literature review of extant theoretical perspectives of small businesses literature.

  8. Firm growth and its determinants

    The paper encompasses literature review on various theories of enterprise growth. It highlights that though there are many studies on the stages of enterprise development, there is a dearth of literature on finding patterns of growth followed by the small and medium enterprises. ... Penrose E: The theory of the growth of the firm. Oxford ...

  9. PDF Growth Theory through the Lens of Development Economics

    poses problems for old and new growth theories alike. We then review the literature on various causes of this misallocation. We go on to calibrate a simple model which explicitly introduces the possibility of misallocation into an otherwise standard growth model . We show that, in order to match the data, it is not enough to have misallocated

  10. Contemporary Economic Growth Models And Theories: A Literature Review

    This brief literature review discusses main existing theories and models of economic growth, its endogenous and exogenous aspects. ... "Evolution of growth theory: from Harrod to Romer," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(2(635), S), pages 125-138, Summer.

  11. Review Of Theories And Models Of Economic Growth

    Comparative Economic Research, Volume 17, Number 1, 2014 10.2478/cer-2014-0003 ŁUKASZ PIĘTAK∗ Review Of Theories And Models Of Economic Growth Abstract The subject of this article is a review of the theories and models of economic growth. In the first section, the author analyzes the theories of economic growth, such as Schumpeter's ...

  12. Economic Growth Theories: A Literature Review

    The neo-classical theories of growth are based on the principle of stable equilibrium without government interference. Solow's exogenous theory emphasizes that technological progress is the only basis for a sustainable growth. However, in Solow's theory, technological progress is considered as an exogenous factor.

  13. Literature review on income inequality and economic growth

    Given the above background, the aim here is to provide a comprehensive literature review of the relationship between income inequality and economic growth, both in theory and empirically. While Section 2 critically analyses the theoretical framework of the income inequality-growth nexus, Section 3 reviews empirical studies on this relationship.

  14. PDF Contemporary Economic Growth Models and Theories: a Literature Review

    Innovative Growth Theory of Schumpeter 1911 Keynesian Theories 1930s Post-Keynesian (Neo-Keynesian) Theories 1950s ... A LITERATURE REVIEW 761 be considered as historical pattern, based on the simple fact that all the capital at that time was presented as trade capital, while there wasnt any significant amount of industrial capital yet. ...

  15. Economic growth : a review of the theoretical and empirical literature

    Renelt, David, 1991. " Economic growth : a review of the theoretical and empirical literature ," Policy Research Working Paper Series 678, The World Bank. Downloadable! In recent years, economists have developed new models of endogenous economic growth that consider policy influences on growth and divergent outcomes among countries.

  16. Entrepreneurial Activity and Economic Growth: A Literature Review

    Table 2.1 presents the results of three different models: (1) only regarding the constant, (2) the assessment of entrepreneurship on economic growth, and (3) a similar regression but corrected by sample size. The results presented in Table 2.1 suggest a positive and higher impact of entrepreneurship on economic growth.

  17. Empirical Literature on Economic Growth, 1991-2020: Uncovering Extant

    Five main results are worth highlighting: (a) the share of empirical articles on economic growth show a clear upward trend; (b) among all the groups of countries considered, the emerging economies (EEs) have received the most scientific attention; (c) the economic growth processes of the Latin American and Caribbean EEs have observed negligible ...

  18. PDF A Typology of Small Business Growth Modelling: A Critical Literature Review

    cal literature review of various models of corporate growth, which results in a kind of theory development - a new typology of small business growth modelling. The articles finishes with conclusions and implications. MATERIAL AND METHODS Babbie (2012) postulates that smooth and efficient conducting of scientific research re-

  19. Integration

    Although literature reviews can be approached in myriad ways (Table 1), this paper will perform a hybrid review that combines bibliometric analysis (Canabal & White, 2008; Kahiya, 2018; Paul & Feliciano-Cestero, 2021) and focuses on highlighting the key thematic areas of the research on the relationship between integration and growth with a framework-based review based on the TCCM method ...

  20. A literature review on growth models and strategies: The missing link

    A literature review on growth models and strategies: The missing link in entrepreneurial growth.pdf. Content uploaded by Syed Fida Hussain Shah. ... Entrepreneurship Theory and Practice, 16(2), 6-30.

  21. Towards the Underlying Theories of Small Firm Growth: A Literature Review

    Small Firm Growth: A Literature Review. Nusrat Hafiz 1,2 , Ahmad Shaharudin Abdul Latiff 2, Md Asadul. Islam 3 , Abu Naser Mohammad Saif and Sazali Abd Wahab2. Abstract. As a pre-condition for the ...

  22. PDF The Development and Use of the Theory of ERG: A Literature Review

    The range of literature shows that the theory has broad relevance, including sociological, psychological, and organizational. he theory of existence, resistance, and growth, commonly known as ERG, is the subject of this literature review. ERG is a motivational construct concerned with

  23. A review of theories and evidence of inclusive growth: an economic

    The link between inclusive growth to environmental sustainability, though suggested in this literature review, has to be more closely explored to make it more explicit. The domain of inclusive growth therefore still remains a field with great potential for research that may carry promises for more equitable, just societies and sustainable use ...

  24. Insights into the ANKRD11 variants and short-stature phenotype through

    ANKRD11 deficiency potentially disrupts longitudinal bone growth by affecting the orderly differentiation of growth plate chondrocytes. Our review offers crucial insights into the association between ANKRD11 variants and short stature and provides valuable guidance for precise clinical diagnosis and treatment of patients with KBG syndrome.