Structural Dynamics and Economic Growth

Business & Finance, Economics, Theory of Economics, Economic History
Cover of the book Structural Dynamics and Economic Growth by , Cambridge University Press
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781139334365
Publisher: Cambridge University Press Publication: May 3, 2012
Imprint: Cambridge University Press Language: English
Author:
ISBN: 9781139334365
Publisher: Cambridge University Press
Publication: May 3, 2012
Imprint: Cambridge University Press
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Cambridge University Press

Cover of the book The International Law of the Sea by
Cover of the book The Cambridge Companion to H. D. by
Cover of the book Microprocessor Architecture by
Cover of the book Erasing the Invisible Hand by
Cover of the book The Cambridge Companion to Schubert by
Cover of the book The Manufacturing of Markets by
Cover of the book Divided Brains by
Cover of the book Purpose in the Living World? by
Cover of the book Marketing Intelligent Design by
Cover of the book Social Theory in Archaeology and Ancient History by
Cover of the book Activists Forever? by
Cover of the book Crisis Management during the Roman Republic by
Cover of the book Understanding the Company by
Cover of the book Conflict and Commerce in Maritime East Asia by
Cover of the book Justice across Boundaries by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy