Structural Economic Dynamics

Structural Economic Dynamics
Author: Luigi Pasinetti
Publisher: Cambridge University Press
Total Pages: 212
Release: 2006-11-02
Genre: Business & Economics
ISBN: 9780521029766

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.

Structural Economic Dynamics

Structural Economic Dynamics
Author: Luigi L. Pasinetti
Publisher: Cambridge University Press
Total Pages: 214
Release: 1993-02-26
Genre: Business & Economics
ISBN: 0521432820

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.

Structural Change and Economic Growth

Structural Change and Economic Growth
Author: Luigi L. Pasinetti
Publisher: CUP Archive
Total Pages: 308
Release: 1981-04-16
Genre: Business & Economics
ISBN: 9780521236072

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

Commodity Price Dynamics

Commodity Price Dynamics
Author: Craig Pirrong
Publisher: Cambridge University Press
Total Pages: 239
Release: 2011-10-31
Genre: Business & Economics
ISBN: 1139501976

Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.

Nonlinearities in Economics

Nonlinearities in Economics
Author: Giuseppe Orlando
Publisher: Springer Nature
Total Pages: 361
Release: 2021-08-31
Genre: Business & Economics
ISBN: 3030709825

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.

Resources, Production and Structural Dynamics

Resources, Production and Structural Dynamics
Author: Mauro L. Baranzini
Publisher: Cambridge University Press
Total Pages: 521
Release: 2015-04-30
Genre: Business & Economics
ISBN: 1107079098

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

Efficiency, Finance, and Varieties of Industrial Policy

Efficiency, Finance, and Varieties of Industrial Policy
Author: Akbar Noman
Publisher: Columbia University Press
Total Pages: 527
Release: 2016-11-29
Genre: Business & Economics
ISBN: 0231542771

Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

The Dynamics of Socio-Economic Development

The Dynamics of Socio-Economic Development
Author: Adam Szirmai
Publisher: Cambridge University Press
Total Pages: 760
Release: 2005-01-20
Genre: Business & Economics
ISBN: 1107717566

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.

The Dynamics of Korean Economic Development

The Dynamics of Korean Economic Development
Author: Sun Cho
Publisher: Longman
Total Pages: 216
Release: 1994
Genre: Industrial promotion
ISBN: 9780881321876

This study presents a perspective on Korea's economic development since the 1960s in the light of domestic and international changes that are forcing Korea to make far-reaching adjustments in its economic policies. Soon Cho is a former Deputy Prime Minister of the Republic of Korea.

Structural Dynamics and Resilience in Supply Chain Risk Management

Structural Dynamics and Resilience in Supply Chain Risk Management
Author: Dmitry Ivanov
Publisher: Springer
Total Pages: 332
Release: 2017-11-07
Genre: Business & Economics
ISBN: 3319693050

This book offers an introduction to structural dynamics, ripple effect and resilience in supply chain disruption risk management for larger audiences. In the management section, without relying heavily on mathematical derivations, the book offers state-of-the-art concepts and methods to tackle supply chain disruption risks and designing resilient supply chains in a simple, predictable format to make it easy to understand for students and professionals with both management and engineering background. In the technical section, the book constitutes structural dynamics control methods for supply chain management. Real-life problems are modelled and solved with the help of mathematical programming, discrete-event simulation, optimal control theory, and fuzzy logic. The book derives practical recommendations for management decision-making with disruption risk in the following areas: How to estimate the impact of possible disruptions on performance in the pro-active stage? How to generate efficient and effective stabilization and recovery policies? When does one failure trigger an adjacent set of failures? Which supply chain structures are particular sensitive to ripple effect? How to measure the disruption risks in the supply chain?