Structural Dynamics and Economic Growth

ISBN 13 : 9781316503898

Structural Dynamics and Economic Growth

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9781316503898: Structural Dynamics and Economic Growth
Présentation de l'éditeur :

Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.

Biographie de l'auteur :

Richard Arena is Professor of Economics at the University of Nice-Sophia Antipolis, France, where he is Director of the Institute of Human and Social Sciences. He is also the managing editor of the Revue d'Economie Industrielle.

Pier Luigi Porta is Professor of Economics at the University of Milano-Bicocca, Italy, and a visiting fellow of Wolfson College, Cambridge.

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Description du livre CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2016. Paperback. État : New. Reprint. 229 x 152 mm. Language: English . Brand New Book ***** Print on Demand *****.Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti s theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow. N° de réf. du libraire AAV9781316503898

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Edité par CAMBRIDGE UNIVERSITY PRESS, United Kingdom (2016)
ISBN 10 : 1316503895 ISBN 13 : 9781316503898
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Description du livre CAMBRIDGE UNIVERSITY PRESS, United Kingdom, 2016. Paperback. État : New. Reprint. 229 x 152 mm. Language: English . Brand New Book ***** Print on Demand *****. Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti s theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow. N° de réf. du libraire AAV9781316503898

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Edited by Richard Arena , Pier Luigi Porta
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Description du livre Cambridge University Press, 2016. Paperback. État : Brand New. reprint edition. 310 pages. In Stock. N° de réf. du libraire __1316503895

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EDITED BY RICHARD ARENA , PIER LUIGI PORTA
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Description du livre Cambridge University Press. Paperback. État : New. Paperback. 310 pages. Dimensions: 9.0in. x 6.0in. x 0.6in.Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The mainstream neo-classical models of growth that have largely dominated modern growth theory are based around assumptions of diminishing returns on extra capital with technological innovation and appropriate institutions being seen as key to economic growth. An alternative model of economic growth emerged from the Cambridge school of Keynesian economists in the 1950s and 1960s. This model emphasizes the importance of demand and the dynamics of the growth of industrial systems. The scholar most associated with this approach to economic growth is Luigi Pasinetti whose book Structural Change and Economic Growth (Cambridge University Press, 1981) has been hugely influential to a generation of post-Keynesian economists. This collection evaluates the achievements of Pasinettis structural dynamics, with contributions from both post-Keynesian economists, including Pasinetti, and from some distinguished and critical neo-classical economists, including Nobel laureate Robert Solow. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. N° de réf. du libraire 9781316503898

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Edited by Richard Arena , Pier Luigi Porta
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Description du livre Cambridge University Press, 2016. Paperback. État : Brand New. 310 pages. In Stock. N° de réf. du libraire x-1316503895

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