Structural Economic Dynamics
By (author) Luigi L. Pasinetti
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Structural Economic Dynamics by Luigi L. Pasinetti
Book DescriptionThis 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.
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Book DetailsISBN: 9780521432825
(234mm x 157mm x 16mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 26-Feb-1993
Country of Publication: United Kingdom
Books By Author Luigi L. Pasinetti
Keynes and the Cambridge Keynesians, Paperback (January 2009)
Keynes and the Cambridge Keynesians traces the historical development of Keynesian economics.
Structural Economic Dynamics, Paperback (November 2006)
This book is a theoretical investigation of the development through time of a 'pure labour' economy.
Economics of Joan Robinson, Hardback (February 1996)» View all books by Luigi L. Pasinetti
Joan Robinson is widely regarded as the greatest female economist. Her published work spanned six decades and is analysed here by a distinguished, international team of scholars.
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