Endogenous economic growth: a new approach
提出一种新方法，在需求侧纳入有效需求与失业问题，供给侧拒绝生产函数简化，聚焦劳动生产率增长的内生驱动，包括阶级冲突与市场竞争，并考察稳态的存在性与稳定性。
This new approach incorporates on the demand side the problem of effective demand and unemployment, while rejecting on the supply side the oversimplistic use of a production function, with or without capital--labour substitution. The focus on the adoption and diffusion of labour productivity growth permits viewing supply as being driven endogenously by inter-class conflict over distribution as well as inter-class conflict among rival firms over market shares. The result is a race between growth rates in labour productivity and in the real wage rate, which drives demand and productivity growth on the one hand, while making wage share reasonably constant on the other. The existence and stability properties of the steady state are also examined. Copyright 2006, Oxford University Press.