Structural economic dynamics : a theory of the economic consequences of human learning
Author(s)
Bibliographic Information
Structural economic dynamics : a theory of the economic consequences of human learning
Cambridge University Press, 1993
Available at / 62 libraries
-
No Libraries matched.
- Remove all filters.
Note
Bibliography: p. 177-181
Includes index
Description and Table of Contents
Description
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.
Table of Contents
- Preface
- Acknowledgements
- List of symbols
- 1. Economic theory and the neglect of structural change
- 2. A pure labour production economy
- 3. Proportional dynamics
- 4. Structural dynamics
- 5. The evolving structure and level of prices
- 6. Consumption, savings, rate of interest and inter-temporal distribution of income
- 7. On the evolving structure of long-term development
- 8. From the 'actual' towards the 'natural' economic system - the role of institutions
- 9. Boundedness of economic systems, and international economic relations
- References
- Index.
by "Nielsen BookData"
