Structural Economic Dynamics

Author : Luigi Pasinetti
Publisher : Cambridge University Press
ISBN 13 : 9780521029766
Total Pages : 212 pages
Book Rating : 4.67/5 ( download)

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Download or read book Structural Economic Dynamics written by Luigi Pasinetti and published by Cambridge University Press. This book was released on 2006-11-02 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Luigi L. Pasinetti
Publisher : CUP Archive
ISBN 13 : 9780521236072
Total Pages : 308 pages
Book Rating : 4.7X/5 ( download)

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Download or read book Structural Change and Economic Growth written by Luigi L. Pasinetti and published by CUP Archive. This book was released on 1981-04-16 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system

Author : Mauro L. Baranzini
Publisher : Cambridge University Press
ISBN 13 : 1316299724
Total Pages : 521 pages
Book Rating : 4.22/5 ( download)

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Download or read book Resources, Production and Structural Dynamics written by Mauro L. Baranzini and published by Cambridge University Press. This book was released on 2015-04-30 with total page 521 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists since the First Industrial Revolution have been interested in the links between economic growth and resources, often pointing to resource scarcities as a hindrance to growth. Offering a counter perspective, this volume highlights the positive role that scarcities can play in inducing technical progress and economic growth. It outlines a structural framework for the political economy of scarcity and rents, and offers a novel way of organizing the evidence concerning the role of resources in industrial growth. This book proposes a major shift in the treatment of scarcity issues by focusing on bottlenecks and opportunities arising within the production system, and will appeal to economists and policy makers interested in the role of resources as triggers of structural change.

Author : Richard Arena
Publisher : Cambridge University Press
ISBN 13 : 1107379199
Total Pages : 309 pages
Book Rating : 4.90/5 ( download)

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Download or read book Structural Dynamics and Economic Growth written by Richard Arena and published by Cambridge University Press. This book was released on 2012-05-03 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Baranzini
Publisher : CUP Archive
ISBN 13 : 9780521345163
Total Pages : 376 pages
Book Rating : 4.62/5 ( download)

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Download or read book The Economic Theory of Structure and Change written by Mauro Baranzini and published by CUP Archive. This book was released on 1990 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: This wide-ranging 1991 inquiry into the general field of structural economic analysis provides a thorough appraisal of the method of economic dynamics.

Author : Mario Paz
Publisher : Springer Science & Business Media
ISBN 13 : 1468400185
Total Pages : 836 pages
Book Rating : 4.82/5 ( download)

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Download or read book Structural Dynamics written by Mario Paz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Jerome Adda
Publisher : MIT Press
ISBN 13 : 0262547880
Total Pages : 297 pages
Book Rating : 4.88/5 ( download)

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Download or read book Dynamic Economics written by Jerome Adda and published by MIT Press. This book was released on 2023-05-09 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: An integrated approach to the empirical application of dynamic optimization programming models, for students and researchers. This book is an effective, concise text for students and researchers that combines the tools of dynamic programming with numerical techniques and simulation-based econometric methods. Doing so, it bridges the traditional gap between theoretical and empirical research and offers an integrated framework for studying applied problems in macroeconomics and microeconomics. In part I the authors first review the formal theory of dynamic optimization; they then present the numerical tools and econometric techniques necessary to evaluate the theoretical models. In language accessible to a reader with a limited background in econometrics, they explain most of the methods used in applied dynamic research today, from the estimation of probability in a coin flip to a complicated nonlinear stochastic structural model. These econometric techniques provide the final link between the dynamic programming problem and data. Part II is devoted to the application of dynamic programming to specific areas of applied economics, including the study of business cycles, consumption, and investment behavior. In each instance the authors present the specific optimization problem as a dynamic programming problem, characterize the optimal policy functions, estimate the parameters, and use models for policy evaluation. The original contribution of Dynamic Economics: Quantitative Methods and Applications lies in the integrated approach to the empirical application of dynamic optimization programming models. This integration shows that empirical applications actually complement the underlying theory of optimization, while dynamic programming problems provide needed structure for estimation and policy evaluation.

Author : Giuseppe Orlando
Publisher : Springer Nature
ISBN 13 : 3030709825
Total Pages : 361 pages
Book Rating : 4.22/5 ( download)

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Download or read book Nonlinearities in Economics written by Giuseppe Orlando and published by Springer Nature. This book was released on 2021-08-31 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Selim Raihan
Publisher : Springer
ISBN 13 : 9811320713
Total Pages : 205 pages
Book Rating : 4.12/5 ( download)

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Download or read book Structural Change and Dynamics of Labor Markets in Bangladesh written by Selim Raihan and published by Springer. This book was released on 2018-08-29 with total page 205 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Adam Szirmai
Publisher : Cambridge University Press
ISBN 13 : 1107717566
Total Pages : 760 pages
Book Rating : 4.65/5 ( download)

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Download or read book The Dynamics of Socio-Economic Development written by Adam Szirmai and published by Cambridge University Press. This book was released on 2005-01-20 with total page 760 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.