Economic Dynamics, Trade and Growth Essays on Harrodian Themes

Sir Roy Harrod was one of the foremost economists of the twentieth century who made pioneering contributions in several branches of economics including: trade cycle theory; growth theory; trade theory; monetary economics; imperfect competition theory, and methodology. This volume arises out of a conference to celebrate the sixtieth anniversary of the publication of his book The Trade Cycle in 1936. After an introductory essay by Walter Eltis, a student of Harrod, this volume contains important essays on the interpretation of Harrod's work in the field of economic dynamics by Danial Besomi and Maurizio Pugno, and in the field of trade and growth by Tony Thirlwall, John McCombie and Luca Bendictis. Finally, Warren Young, in the process of writing Harrod's biography, uses correspondence between Harrod and Haberler to elucidate Harrod's views on trade theory, international monetary reform and inflation.

Foreword; W. Eltis Notes on the Contributors Introduction; G. Rampa, L.Stella and A.P. Thirlwall The Harrod-Domar Equation from Quesnay to Marx to Harrod and Domar; W.Elits Discussion; T. Cozzi Failing to Win Consent: Harrod's Dynamics in the Eyes of his Readers; D. Besomi In Search of Harrod's Contribution to Economic Dynamics: A Note; M. Pugno Harrod and the `Time-lag Theories of the Cycle'; D. Besomi Discussion; P. Varri Harrod's Economic Dynamics as a Persistent and Regime-Changing Adjustment Process; M. Pugno The Balance of Payments and Growth: From Mercantilism to Keynes to Harrod and Beyond; A. P. Thirlwall Discussion; L. Stella and C. Marcuzzo Harrod, Economic Growth and International Trade; J.S.L. McCombie Discussion; M. Di Matteo Cumulative Causation, Harrod's Trade Multiplier, and Kaldor's Paradox: The Foundations of Post-Keynesian Theory of Growth Differentials; L. De Benedictis Discussion; B. Soro Harrod and Haberler Beyond the Trade Cycle: Exchanges on International Liquidity, Gold, Trade, Inflation, Monetarism and Friedman 1961-1971 ; W. Young Index

LUCA DE BENEDICTIS University of Macerata DANIELE BESOMI University of Turin TERENZIO COZZI University of Turin WALTER ELTIS Fellow, Exeter College, Oxford CRISTINA MARCUZZO University of Rome, `La Sapienza' MASSIMO DI MATTEO University of Siena J.S.L. MCCOMBIE University of Cambridge BRUNO SORO University of Genoa WARREN YOUNG Bar Ilas University, Israel MAURIZO PUGNO University of Trento POOLS VARRI University of Cattolica, Milan.