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The Science of Economic Development and Growth: The Theory of Factor Proportions: The Theory of Factor Proportions

C.C. Onyemelukwe




[PDF.ft58] The Science of Economic Development and Growth: The Theory of Factor Proportions: The Theory of Factor Proportions

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 |  2016-07-08 |  2016-07-08 | File type: PDF

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A theoretical framework aiming to facilitate study of development economics. The author presents his theory in three sections: how advanced nations developed; a proposed third dimension, in addition to labour and capital; and why capital accumulation is unnecessary, even potentially harmful.



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