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The Role of Demand and Investment in Long-Term Growth

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  • John Cornwall

Abstract

I. Introduction, 48. — II. Two alternative interpretations of the stylized facts, 49. — III. The influence of supply on demand, 53. — IV. The influence of demand on supply, 56. — V. Growth and transformation, 60. —VI. Say's law in reverse, 65. — VII. Summary, 68.

Suggested Citation

  • John Cornwall, 1970. "The Role of Demand and Investment in Long-Term Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(1), pages 48-69.
    • Handle: RePEc:oup:qjecon:v:84:y:1970:i:1:p:48-69.
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    Cited by:

    1. Klein, Rolf, 2011. "Wachstum durch das Nadelöhr begrenzter Budgets [Growth through the Bottleneck of Limited Budgets]," MPRA Paper 35527, University Library of Munich, Germany.
    2. A. Sankaran & A. Vadivel & M. Abdul Jamal, 2020. "Effects of dynamic variables on industrial output in one of the world’s fastest-growing countries: case evidence from India," Future Business Journal, Springer, vol. 6(1), pages 1-8, December.
    3. Klein, Rolf, 2011. "Wachstum durch das Nadelöhr begrenzter Budgets," EconStor Research Reports 54763, ZBW - Leibniz Information Centre for Economics.
    4. Yang, Zhenbing & Shao, Shuai & Xu, Lili & Yang, Lili, 2022. "Can regional development plans promote economic growth? City-level evidence from China," Socio-Economic Planning Sciences, Elsevier, vol. 83(C).

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