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Allyn Abbott Young , Estados Unidos, 19 de setiembre de 1876–Londres, 7 de marzo de 1929) fue un economista estadounidense. Nació en una familia de clase media en Kenton y falleció a los 52 años en Londres como consecuencia de una breve neumonía durante una epidemia de gripe, cuando se encontraba en lo alto de poderes intelectuales y presidente de la Section F de la British Association.
A central message of Allyn Abbott Young's (1928) seminal paper on increasing returns and economic progress was the seeming tautology that “the division of labor depends in large part upon the division of labor.” From this he deduced that a major source of growth is growth itself. In this fundamental sense growth is endogenous and cumulative ...
1. Feb. 2000 · Abstract. A central message of Allyn Abbott Young's (1928) seminal paper on increasing returns and economic progress was the seeming tautology that “the division of labor depends in large part ...
Abstract. Young made many contributions to economic theory. For Young money is at the centre of an economy and prices are antecedent to values. He regarded marginal productivity theory of ...
This paper investigates the influence of Allyn Abbott Young's theoretical work on the groundbreaking contributions of early development theorists, Paul Rosenstein-Rodan and Ragnar Nurkse. The work of Allyn Young had a significant impact on early development theory as the above-mentioned pioneers of development economics built substantial portions of their theories—the “big push” and ...
This chapter takes its title from Allyn Young’s 1928 Economic Journal article, and in so doing signifies a focus of attention directly back on to the issues that concerned Marshall in the . Specifically, Principles the perspective taken by Frank Knight, Joseph Schumpeter and Allyn Young on the controversies discussed in Chapters 5 and 6 is ...
1. Jan. 2017 · Abstract. Allyn Young’s career presents a puzzle. He is best known to modem readers, if at all, as the author of one muchreprinted article on ‘Increasing Returns and Economic Progress’ (1928). With such a narrow base his present fame can of course hardly compare with that of some other leading American economists of his day, such as ...
