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Author : Robert C. Allen
Publisher : Oxford University Press
Page : 193 pages
File Size : 48,7 Mb
Release : 2011-09-15
Category : Business & Economics
ISBN : 9780199596652
Together these countries pioneered new technologies that have made them ever richer.
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
Page : 238 pages
File Size : 41,9 Mb
Release : 2024-02-17
Category : Business & Economics
ISBN : PKEY:6610000534005
What is Big Push Model The Big Push Model is a concept in development economics or welfare economics that emphasizes the fact that a firm's decision whether to industrialize or not depends on the expectation of what other firms will do. It assumes economies of scale and oligopolistic market structure. It also explains when the industrialization would happen. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Big push model Chapter 2: Economic growth Chapter 3: Development economics Chapter 4: Paul Krugman Chapter 5: Endogenous growth theory Chapter 6: State ownership Chapter 7: Erik S. Reinert Chapter 8: Rostow's stages of growth Chapter 9: James Mirrlees Chapter 10: Legal origins theory Chapter 11: Andrei Shleifer Chapter 12: Masahisa Fujita Chapter 13: Quarterly Journal of Economics Chapter 14: Development theory Chapter 15: Ragnar Nurkse Chapter 16: Paul Rosenstein-Rodan Chapter 17: Journal of Political Economy Chapter 18: Dynamic stochastic general equilibrium Chapter 19: The Other Canon Foundation Chapter 20: Ragnar Nurkse's balanced growth theory Chapter 21: The Strategy of Economic Development (II) Answering the public top questions about big push model. (III) Real world examples for the usage of big push model in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Big Push Model.
Author : Paul R. Krugman
Publisher : MIT Press
Page : 132 pages
File Size : 42,9 Mb
Release : 1997
Category : Business & Economics
ISBN : 026261135X
Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.
Author : Vivien Gröning
Publisher : GRIN Verlag
Page : 18 pages
File Size : 51,7 Mb
Release : 2010-01-15
Category : Business & Economics
ISBN : 9783640510757
Seminar paper from the year 2006 in the subject Business economics - Miscellaneous, University of Hamburg, language: English, abstract: If the need for a „Big Push“ survives in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception (Jaime et al. 1997). In the last two hundred years, every country with high development and productivity rates has industrialised. While in the eighteens century Britain, and in the twenties century Korea and Japan grew rich, other countries remained poor. One of the discussed causes for this underdevelopment might be the small domestic market. While the idea started with Rosenstein-Rodan (1943)1, who thought the solution would be aid and investment programs, since the 1960s advocates tend to the Idea that openness of the economy resolve the problem of a small domestic market. The theory is that openness would induce an export-led „Big Push“ in terms of simultaneous growth over different sectors (Murphy et al.1989, p.1003). In the current discussion the „Big Push“ induced by aid has its comeback in the Millennium Development Goals from the UN (Easterly 2005, p.3). The focus of this paper is on the East Asian countries, where the export-promotion-policy had had an important role. But Trindade (2005, p.41) was the first author who interpreted the coordination-problem as solvable with solely export-promotion, because of the naturally coordination effect of exports (Asche, 2005, p.24 gloss 28). So the question is not if exports are good for an economy, but if exports can induce a „Big Push“ and thus making aid superfluously.
Author : Kenneth J. Arrow,Yew-Kwang Ng,Xiaokai Yang
Publisher : Springer
Page : 478 pages
File Size : 40,8 Mb
Release : 1998-04-12
Category : Business & Economics
ISBN : 9781349262557
Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.
Author : Patrick Guillaumont,Sylviane Guillaumont Jeanneney
Publisher : Unknown
Page : 30 pages
File Size : 43,7 Mb
Release : 2007
Category : Economic assistance
ISBN : IND:30000112427319
Author : Mohammad Dulal Miah,Yasushi Suzuki
Publisher : Springer
Page : 199 pages
File Size : 51,7 Mb
Release : 2018-11-19
Category : Law
ISBN : 9789811327636
This book presents a critical reassessment of theories of property rights, in response to conflicts and competition between different groups, and the state. It does so by taking an institutional political perspective to analyse the structures of property rights, with a focus on a series of case studies from Bangladesh. In doing so, the book highlights the importance of property rights for economic growth, why developing countries often fail to design property rights conducive for economic development, and the strategies required for designing an efficient structure of rights. Since property rights falls within the domain of Law and Economics, the book ventures to explain legal issues from an economic perspective, resulting in empirical analysis that comprises both legal and non-legal cases.
Author : Robert J. Barro,Xavier I. Sala-I-Martin
Publisher : MIT Press
Page : 676 pages
File Size : 41,7 Mb
Release : 2003-10-10
Category : Business & Economics
ISBN : 0262025531
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.
Author : Daron Acemoglu
Publisher : Princeton University Press
Page : 1008 pages
File Size : 43,8 Mb
Release : 2008-12-15
Category : Business & Economics
ISBN : 9781400835775
Introduction to Modern Economic Growth is a groundbreaking text from one of today's leading economists. Daron Acemoglu gives graduate students not only the tools to analyze growth and related macroeconomic problems, but also the broad perspective needed to apply those tools to the big-picture questions of growth and divergence. And he introduces the economic and mathematical foundations of modern growth theory and macroeconomics in a rigorous but easy to follow manner. After covering the necessary background on dynamic general equilibrium and dynamic optimization, the book presents the basic workhorse models of growth and takes students to the frontier areas of growth theory, including models of human capital, endogenous technological change, technology transfer, international trade, economic development, and political economy. The book integrates these theories with data and shows how theoretical approaches can lead to better perspectives on the fundamental causes of economic growth and the wealth of nations. Innovative and authoritative, this book is likely to shape how economic growth is taught and learned for years to come. Introduces all the foundations for understanding economic growth and dynamic macroeconomic analysis Focuses on the big-picture questions of economic growth Provides mathematical foundations Presents dynamic general equilibrium Covers models such as basic Solow, neoclassical growth, and overlapping generations, as well as models of endogenous technology and international linkages Addresses frontier research areas such as international linkages, international trade, political economy, and economic development and structural change An accompanying Student Solutions Manual containing the answers to selected exercises is available (978-0-691-14163-3/$24.95). See: http://press.princeton.edu/titles/8970.html. For Professors only: To access a complete solutions manual online, email us at: [email protected]
Author : Erhunse Confidence
Publisher : GRIN Verlag
Page : 10 pages
File Size : 42,7 Mb
Release : 2020-02-19
Category : Business & Economics
ISBN : 9783346117199
Seminar paper from the year 2020 in the subject Economics - Economic Cycle and Growth, grade: 4, Chukwuemeka Odumegwu Ojukwu University (Social Sciences), language: English, abstract: This paper examined the implication of Big-Push theory on Nigerian economic development. The theory provided an explanation of how developing countries can industrialize through broad-based investment and coordination. The paper looked at the meaning of Big-Push theory, assumptions and its implication on Nigeria economic development. If the need for a Big Push to survive in an economy that is open to international trade and capital movements, or if openness to trade and capital movements is sufficient to overcome all poverty traps, these questions have daunted development economics since its inception. The theory of the big push asserts that underdeveloped countries require large amounts of investments to come out of the problem of backwardness and launch policies for economic development. The logic behind this theory is that a programme of “bit-by-bit” investment will not have much impact on the process of growth and will only lead to a dissipation of resources. Policies designed to encourage the development of the Nigerian economy will need to be guided by the big-push theory.
Author : Celso Furtado
Publisher : Univ of California Press
Page : 194 pages
File Size : 54,6 Mb
Release : 2024-03-29
Category : Business & Economics
ISBN : 9780520319721
This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1964.
Author : Udo Kreickemeier,Jens Wrona
Publisher : Unknown
Page : 128 pages
File Size : 48,9 Mb
Release : 2020
Category : Electronic
ISBN : OCLC:1178817285
In this paper, we develop a multi-country open economy extension of the famous Big Push model for a closed economy by Murphy et al. (1989). We show under which conditions the global economy in our model is caught in a poverty trap, characterised by a low-income equilibrium from which an escape is possible (only) via a coordinated modernization effort across sectors and countries. We also analyze to what extent the degree of openness matters for the prospects of achieving the high-income equilibrium. We show that under monopolistic competition with CES preferences the openness to international trade does not affect the set of parameter combinations leading to a poverty trap, whereas international trade makes it more difficult to achieve industrialisation through a Big Push with continuum quadratic preferences. Responsible for this adverse outcome is the pro-competitive effect of opening up to international trade, which bites into firms' profit margins, rendering the adoption of a superior production technology unprofitable as it becomes more difficult for firms to amortise their adoption fixed costs.
Author : Ian Goldin
Publisher : Oxford University Press
Page : 217 pages
File Size : 44,5 Mb
Release : 2018
Category : Business & Economics
ISBN : 9780198736257
What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.
Author : Edward L. Glaeser
Publisher : University of Chicago Press
Page : 376 pages
File Size : 55,5 Mb
Release : 2010-04-15
Category : Business & Economics
ISBN : 9780226297927
When firms and people are located near each other in cities and in industrial clusters, they benefit in various ways, including by reducing the costs of exchanging goods and ideas. One might assume that these benefits would become less important as transportation and communication costs fall. Paradoxically, however, cities have become increasingly important, and even within cities industrial clusters remain vital. Agglomeration Economics brings together a group of essays that examine the reasons why economic activity continues to cluster together despite the falling costs of moving goods and transmitting information. The studies cover a wide range of topics and approach the economics of agglomeration from different angles. Together they advance our understanding of agglomeration and its implications for a globalized world.
Author : Richard R. Nelson
Publisher : Harvard University Press
Page : 456 pages
File Size : 52,7 Mb
Release : 1985-10-15
Category : Business & Economics
ISBN : 0674041437
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.