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Economic Development, Technological Change and Growth

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  1. Growth in this model is driven by technological change that arises from intentional investment decisions made by profit-maximizing agents. The distinguishing feature of the technology as an input is that it is neither a conventional good nor a…
  2. Contents: Volume I Acknowledgements Introduction Jonathan Macey PART I THE FOUNDATIONS OF THE ECONOMICS OF CORPORATE LAW 1. R.H. Coase (1937), The Nature of the Firm 2. Michael C. Jensen and William H. Meckling (1976), Theory of the Firm: Managerial…

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