Capital, investment and development : essays in memory of Sukhamoy Chakravarty

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Capital, investment and development : essays in memory of Sukhamoy Chakravarty

edited by Kaushik Basu, Mukul Majumdar, Tapan Mitra

Blackwell, 1993

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注記

Includes bibliographical references and index

内容説明・目次

内容説明

This collection contains contributions from researchers in three broad areas: capital-investment theory; development and welfare economics; and issues related to capitalism and socialism. Some of the contributions are expository, providing an overview of what has been achieved in the relevant literature to date. These are accessible to non-specialists and graduate students alike. Other chapters are aimed primarily at researchers and attempt new interpretations and explore new directions. Some of the specific topics covered are "old" versus "new" growth theories, sensitivity analysis in dynamic optimization models, efficiency wage theories, cost benefit analysis, reform of market socialism and optimal redistribution.

目次

Part I: Capital and Investment. Theories of Long-Run Growth: Old and New (Lakshmi K. Raut and T. N. Srinivasan). Pareto Optimality and Productive Efficiency in the Overlapping Generations Model (Amitava Bose). Irreversible Investment and Competition Under Uncertainty (Avinash K. Dixit). On Specifying the Parameters of a Development Plan (Prajit Dutta). Comparative Dynamics and Chaos in Capital Accumulation Models (Mukul Majumdar and Tapan Mitra). Part II: Development and Welfare. A Note on the Theory of Cost-benefit Analysis in the Small (Roy Radner). Trade and Development in the Presence of an Informal Sector: A Four Factor Model (M. Ali Khan). Efficiency Wage Theories with Monopolistic Landlords (Kaushik Basu). Part III: Markets, Capitalism and Socialism. Optimal Redistribution (Jan Tinbergen). Economics of Market Socialism and the Issue of Public Enterprise Reform in India (Pranab Bardhan). Sustainable Full Employment and Real Wage Flexibility (Amit Bhaduri). Homage to Chakravarty: Thoughts on his Lumping Schumpeter with Marx to Define a Paradigm Alternative to Mainstream Growth Theories (Paul A. Samuelson). Selected Publications of Sukhamoy Chakravarty.

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