The Economic Surplus by Anders Danielson (1994, Hardcover) 
The Economic Surplus by Anders Danielson (1994, Hardcover)
Publisher: Praeger Pub Text
Publication Date: 1994-05-01
Language: English
Format: Hardcover
ISBN-10: 0275947653
ISBN-13: 9780275947651
Product ID: EPID81955
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Details
Publication Date:1994-05-01

Size
Length:168 pages
Height:9.8 in
Width:6.5 in
Thickness:0.8 in
Weight:16.0 oz

Publisher's Note
This work provides a consistent and empirically meaningful definition of surplus and suggests an analytical framework for studying economic growth and stagnation using that concept. The book also presents a case study of the role of surplus in economic growth. In the first part of the work, a method is developed emphasizing the links to classical economic theory and the logical flaws of the earlier works. The second part examines the role of surplus in one country, and tests the classical hypotheses about growth in the long run and in a cross-section of countries.

Industry Reviews
Danielson (economics, U. of Lund, Sweden) deals with the relation between surplus and economic growth in economic doctrines and the issue of constructing a meaningful definition of surplus, and reviews theories in classical political economy, particularly the contributions of the Physiocratic school. Danielson applies principles discussed to a case study of Jamaica, focusing on the period 1972-1980 and asking whether the surplus approach can aid in the understanding of the causes of recession. Annotation copyright Book News, Inc. Portland, Or.
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