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Per Capita Consumption and Growth

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  • John C. H. Fei

Abstract

Introduction, 52. — I. The CPCS model of growth, 54. — II. Growth in the labor-surplus type of underdeveloped economy, 60. — III. Revision of the consumption standard, 62. — IV. The long-run growth target, 65. — V. The average propensity to save and the dynamic production efficiency, 68. — VI. Growth under imperfect knowledge, 70.

Suggested Citation

  • John C. H. Fei, 1965. "Per Capita Consumption and Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 79(1), pages 52-72.
    • Handle: RePEc:oup:qjecon:v:79:y:1965:i:1:p:52-72.
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    Cited by:

    1. Mario Amendola & Sergio Bruno & Jean-Luc Gaffard, 2010. "Hicks and Richardson on Industrial Change: Analysis and Policy," Chapters, in: Jean-Luc Gaffard & Evens Salies (ed.), Innovation, Economic Growth and the Firm, chapter 2, Edward Elgar Publishing.
    2. Hyeok Jeong & Robert Townsend, 2007. "Sources of TFP growth: occupational choice and financial deepening," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 32(1), pages 179-221, July.
    3. Harvey Gram & Geoffrey Harcourt, 2015. "Joan Robinson and MIT," Working Papers 9, City University of New York Graduate Center, Ph.D. Program in Economics.
    4. Deaton, Brady J., 1977. "Capital Fop.Mation In Peasant Economies," 1977 Occasional Paper Series No. 1 190976, International Association of Agricultural Economists.
    5. Eduard Braun & David Howden, 2017. "The rise and fall of the subsistence fund as a resource constraint in Austrian business cycle theory," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 30(2), pages 235-249, June.
    6. Denis O’Brien, 2014. "Hayek in the history of economic thought," Chapters, in: Roger W. Garrison & Norman Barry (ed.), Elgar Companion to Hayekian Economics, chapter 2, pages 11-46, Edward Elgar Publishing.

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