Structural Economic Dynamics

Author : Luigi Pasinetti
Publisher : Cambridge University Press
Page : 212 pages
File Size : 55,5 Mb
Release : 2006-11-02
Category : Business & Economics
ISBN : 0521029767

Get Book

Structural Economic Dynamics by Luigi Pasinetti Pdf

This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress. Attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. Institutional and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success and failure of industrial societies.

Author : Richard Arena,Pier Luigi Porta
Publisher : Cambridge University Press
Page : 309 pages
File Size : 48,7 Mb
Release : 2012-05-03
Category : Business & Economics
ISBN : 9781107015968

Get Book

Structural Dynamics and Economic Growth by Richard Arena,Pier Luigi Porta Pdf

Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.

Author : Mauro L. Baranzini,Claudia Rotondi,Roberto Scazzieri
Publisher : Cambridge University Press
Page : 521 pages
File Size : 49,6 Mb
Release : 2015-04-30
Category : Business & Economics
ISBN : 9781107079090

Get Book

Resources, Production and Structural Dynamics by Mauro L. Baranzini,Claudia Rotondi,Roberto Scazzieri Pdf

New approach to the economic theory of resources, showing the positive role that scarcities can play in triggering economic growth.

Author : Mauro Baranzini,Roberto Scazzieri
Publisher : CUP Archive
Page : 376 pages
File Size : 47,8 Mb
Release : 1990
Category : Business & Economics
ISBN : 0521345162

Get Book

The Economic Theory of Structure and Change by Mauro Baranzini,Roberto Scazzieri Pdf

This wide-ranging 1991 inquiry into the general field of structural economic analysis provides a thorough appraisal of the method of economic dynamics.

Author : Luigi L. Pasinetti
Publisher : CUP Archive
Page : 308 pages
File Size : 40,5 Mb
Release : 1981-04-16
Category : Business & Economics
ISBN : 052123607X

Get Book

Structural Change and Economic Growth by Luigi L. Pasinetti Pdf

This book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system

Author : Giuseppe Orlando,Alexander N. Pisarchik,Ruedi Stoop
Publisher : Springer Nature
Page : 361 pages
File Size : 40,8 Mb
Release : 2021-08-31
Category : Business & Economics
ISBN : 9783030709822

Get Book

Nonlinearities in Economics by Giuseppe Orlando,Alexander N. Pisarchik,Ruedi Stoop Pdf

This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous. The first part of this work is formal-methodological and provides the mathematical background needed for the remainder, while the second part presents the view that signal processing involves construction and deconstruction of information and that the efficacy of this process can be measured. The third part focuses on economics and provides the related background and literature on economic dynamics and the fourth part is devoted to new perspectives in understanding nonlinearities in economic dynamics: growth and cycles. By pursuing this approach, the book seeks to (1) determine whether, and if so where, common features exist, (2) discover some hidden features of economic dynamics, and (3) highlight specific indicators of structural changes in time series. Accordingly, it is a must read for everyone interested in a better understanding of economic dynamics, business cycles, econometrics and complex systems, as well as non-linear dynamics and chaos theory.

Author : Paul J.J. Welfens,Anna Wziatek-Kubiak
Publisher : Springer Science & Business Media
Page : 290 pages
File Size : 41,9 Mb
Release : 2005-12-06
Category : Political Science
ISBN : 9783540285267

Get Book

Structural Change and Exchange Rate Dynamics by Paul J.J. Welfens,Anna Wziatek-Kubiak Pdf

Structural change, economic growth and adequate exchange rate adjustment are key challenges in the context of EU eastern enlargement as are consistent macroeconomic policies. The authors focus on sectoral adjustment across industries in catching-up countries and explain changes in the composition of output – this includes new aspects of the Chenery model. They describe and analyze the spatial pattern of specialization and adjustment in many countries. Theoretical and empirical analysis of foreign direct investment, innovation and structural change shed new light on economic dynamics in Old Europe and New Europe. As regards exchange rate dynamics both traditional aspects (such as the Balassa-Samuelson effect) and new approaches to understanding exchange rate developments are presented. Links between exchange rate changes and innovation are particularly emphasized.

Author : Lionello F Punzo
Publisher : Routledge
Page : 415 pages
File Size : 51,5 Mb
Release : 2003-09-02
Category : Business & Economics
ISBN : 9781134530014

Get Book

Cycles, Growth and Structural Change by Lionello F Punzo Pdf

This volume gathers together key new contributions on the subject of the relationship, both empirical and theoretical, between economic oscillations, growth and structural change. Employing a sophisticated level of mathematical modelling, the collection contains articles from, amongst others, William Baumol, Katsuhito Iwai and William Brock.

Author : Adam Szirmai
Publisher : Cambridge University Press
Page : 760 pages
File Size : 55,9 Mb
Release : 2005-01-20
Category : Business & Economics
ISBN : 9781107717565

Get Book

The Dynamics of Socio-Economic Development by Adam Szirmai Pdf

Why are poor countries poor and rich countries rich? How are wealth and poverty related to changes in nutrition, health, life expectancy, education, population growth and politics? This modern, non-technical 2005 introduction to development studies explores the dynamics of socio-economic development and stagnation in developing countries. Taking a quantitative and comparative approach to contemporary debates within their broader context, Szirmai examines historical, institutional, demographic, sociological, political and cultural factors. Key chapters focus on economic growth, technological change, industrialisation, agricultural development, and consider social dimensions such as population growth, health and education. Each chapter contains comparative statistics on trends from a sample of twenty-nine developing countries. This rich statistical database allows students to strengthen their understanding of comparative development experiences. Assuming no prior knowledge of economics the book is suited for use in inter-disciplinary development studies programmes as well as economics courses, and will also interest practitioners pursuing careers in developing countries.

Author : Selim Raihan
Publisher : Springer
Page : 205 pages
File Size : 47,8 Mb
Release : 2018-08-29
Category : Business & Economics
ISBN : 9789811320712

Get Book

Structural Change and Dynamics of Labor Markets in Bangladesh by Selim Raihan Pdf

Outlining important policy requirements for Bangladesh to become an upper middle-income country, the book presents research work conducted during the project “Changing Labor Markets in Bangladesh: Understanding Dynamics in Relation to Economic Growth and Poverty,” sponsored by the International Development Research Center (IDRC), Canada. Bangladesh has experienced remarkable economic growth rates over the last decade. The country has recently been upgraded from a low-income country (LIC) to a lower-middle-income country (LMIC) as per the World Bank’s classification system. By 2024, the country also aspires to graduate from the United Nation’s list of least developed countries (LDC). The 7th five-year plan sets an ambitious target of 8 percent growth in GDP by 2020. There are also steep development targets to be achieved under the Sustainable Development Goals (SDGs) by 2030. All these will require an enormous leap forward from the current level of economic growth rate and sustaining it in the future. The situation also calls for considerable structural change in the economy, facilitating large-scale economic diversification. Rapid expansion of labor-intensive and high-productivity sectors, both in the farm and nonfarm sectors, is thus crucial for Bangladesh. Further, this should take place in conjunction with interventions to enhance productivity, jobs and incomes in traditional and informal activities where there are large pools of surplus labor. Given its relevance for Bangladesh and applicability to many other developing countries, the book offers a unique and pioneering resource for researchers, industry watchers as well as policy makers.

Author : Mario Paz
Publisher : Springer Science & Business Media
Page : 836 pages
File Size : 48,8 Mb
Release : 2012-12-06
Category : Technology & Engineering
ISBN : 9781468400182

Get Book

Structural Dynamics by Mario Paz Pdf

The use of COSMOS for the analysis and solution of structural dynamics problems is introduced in this new edition. The COSMOS program was selected from among the various professional programs available because it has the capability of solving complex problems in structures, as well as in other engin eering fields such as Heat Transfer, Fluid Flow, and Electromagnetic Phenom ena. COSMOS includes routines for Structural Analysis, Static, or Dynamics with linear or nonlinear behavior (material nonlinearity or large displacements), and can be used most efficiently in the microcomputer. The larger version of COSMOS has the capacity for the analysis of structures modeled up to 64,000 nodes. This fourth edition uses an introductory version that has a capability limited to 50 nodes or 50 elements. This version is included in the supplement, STRUCTURAL DYNAMICS USING COSMOS 1. The sets of educational programs in Structural Dynamics and Earthquake Engineering that accompanied the third edition have now been extended and updated. These sets include programs to determine the response in the time or frequency domain using the FFf (Fast Fourier Transform) of structures modeled as a single oscillator. Also included is a program to determine the response of an inelastic system with elastoplastic behavior and a program for the development of seismic response spectral charts. A set of seven computer programs is included for modeling structures as two-dimensional and three dimensional frames and trusses.

Author : Richard M. Goodwin
Publisher : Oxford University Press, USA
Page : 160 pages
File Size : 42,5 Mb
Release : 1990-11
Category : Chaotic behavior in systems
ISBN : UCSC:32106009644243

Get Book

Chaotic Economic Dynamics by Richard M. Goodwin Pdf

The new science of chaos was discovered in the analysis of weather. According to the author, economics is equally unpredictable. This book explores the way in which chaos may be used for economic analysis. The author applies the new insights of chaotic dynamics to economics. Given the unpredictable behaviour of economies, this new discipline promises much enlightenment. It has always been assumed that the highly irregular behaviour of economic time series was the consequence of extra-economic disturbances such as political decisions, trade unions, the weather, and foreign trade. Now it has become clear that there can be patterns which explain this confusing behaviour. - ;Capitalism as creative, chaotic evolution by structural change; Classical dynamics: the corn economy; The von Neumann model as a chaotic attractor; Growing in short and long waves; The structural and dynamical instability of the modern economy; An analysis of high and low growth rates; Irregular waves of growth from structural innovation; Dynamical control of economic waves by fiscal policy; A fresh look at traditional cycle models; Chaotic aperiodic behaviour from forced oscillators; Further reading; Index -

Author : Luigi L. Pasinetti,Pasinetti Luigi
Publisher : Unknown
Page : 256 pages
File Size : 52,8 Mb
Release : 2014-03-31
Category : Business & Economics
ISBN : 0415416264

Get Book

A Theory of Value by Luigi L. Pasinetti,Pasinetti Luigi Pdf

A prominent member of the second generation of Cambridge Keynesians, Luigi Pasinetti has been a key player in the development of neo-Ricardian economics as well. Having studied under Piero Sraffa at Cambridge, he developed a mathematical representation of Ricardo's theory of value and distribution, as well as the reswitching problem in neoclassical capital theory: thus making him a leader of the British Cambridge side during the Cambridge Capital Controversy. Since leaving Cambridge for Rome, he has become particularly interested in structural change, i.e. the responses of multi-sectoral models of the economy to technical changes. This book draws together Pasinetti's main contributions in the field of value theory.

Author : McMillan, Margaret ,Rodrik, Dani,Sepúlveda, Claudia
Publisher : Intl Food Policy Res Inst
Page : 328 pages
File Size : 42,8 Mb
Release : 2017-05-11
Category : Political Science
ISBN : 9780896292147

Get Book

Structural change, fundamentals, and growth : a framework and case studies by McMillan, Margaret ,Rodrik, Dani,Sepúlveda, Claudia Pdf

Author : Michael A. Landesmann,Roberto Scazzieri
Publisher : Cambridge University Press
Page : 376 pages
File Size : 46,5 Mb
Release : 1996-01-28
Category : Business & Economics
ISBN : 0521462517

Get Book

Production and Economic Dynamics by Michael A. Landesmann,Roberto Scazzieri Pdf

This volume outlines a novel approach to the analysis of structural economic dynamics. It is based on detailed considerations of micro-organizational features of economic systems, and how networking patterns of technological and institutional change influence them. This is a much-needed basis for work in economic dynamics, considering interactions between emergent structures and historically evolving constraints. The work breaks new ground in the investigation of the relationship between economic theory and economic history.