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Structural Change and Economic Growth: A Theoretical Essay on the Dynamics of the Wealth of Nations - Couverture rigide

Pasinetti, Luigi L.

 
9780521236072: Structural Change and Economic Growth: A Theoretical Essay on the Dynamics of the Wealth of Nations
Couverture rigide
ISBN 10 : 052123607X ISBN 13 : 9780521236072
Editeur : Cambridge University Press, 1981

Synopsis

First published in 1981 this book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system with a growing population and different rates of technical progress in different sectors. The conditions for full employment and full capacity utilisation are examined when prices are stable and when there is inflation. This approach is carried out, not in terms of input-output relations, as has become customary in multisector models, but rather in terms of vertically integrated sectors. This makes it possible to analyse the economic growth process in terms of the structural dynamics of production, of prices and of employment. Remarkable implications are drawn for a surprisingly large number of theoretical problems, which have been under discussion since Adam Smith: from price theory to the theory of rates of profit and the rates of interest; from production theory to the theories of fluctuating growth, ever-changing composition of output, choice of technique and international trade.

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Présentation de l'éditeur

First published in 1981 this book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system with a growing population and different rates of technical progress in different sectors. The conditions for full employment and full capacity utilisation are examined when prices are stable and when there is inflation. This approach is carried out, not in terms of input-output relations, as has become customary in multisector models, but rather in terms of vertically integrated sectors. This makes it possible to analyse the economic growth process in terms of the structural dynamics of production, of prices and of employment. Remarkable implications are drawn for a surprisingly large number of theoretical problems, which have been under discussion since Adam Smith: from price theory to the theory of rates of profit and the rates of interest; from production theory to the theories of fluctuating growth, ever-changing composition of output, choice of technique and international trade.

Description

Review of the hardback: '… presents an important and powerful vision … an impressive and thought provoking book.' The Manchester School

Review of the hardback: '… this book … must be considered the most important contribution to this area since Joan Robinson's challenge to the profession in the 1956 publications, The Accumulation of Capital.' De Economist

'This is the culmination of Professor Pasinetti's work on growth and income distribution, to which he has already made such notable contributions. … The book is written with the analytical clarity and penetration which Pasinetti's readers have come to expect.' The Economic Journal

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Cambridge University Press
Date d'édition
1981
Langue
anglais
ISBN 10 
052123607X
ISBN 13 
9780521236072
Reliure
Relié
Nombre de pages
336
Coordonnées du fabricant
non disponible
Personne responsable
Avery
https://www.avery.fr/

chemin des peupliers 27
Dardilly
France

Autres éditions populaires du même titre

9780521274104: Structural Change and Economic Growth: A Theoretical Essay on the Dynamics of the Wealth of Nations

Edition présentée

ISBN 10 :  0521274109 ISBN 13 :  9780521274104
Editeur : Cambridge University Press, 2009
Couverture souple