Structural Economic Dynamics
Structural Economic Dynamics

Author: Luigi Pasinetti

Publisher: Cambridge University Press

Published: 2006-11-02

Total Pages: 212

ISBN-13: 9780521029766

DOWNLOAD EBOOK

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.

Structural Economic Dynamics
Structural Economic Dynamics

Author: Luigi L. Pasinetti

Publisher: Cambridge University Press

Published: 1993-02-26

Total Pages: 214

ISBN-13: 0521432820

DOWNLOAD EBOOK

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.

Economic Dynamics, second edition
Economic Dynamics, second edition

Author: John Stachurski

Publisher: MIT Press

Published: 2022-08-16

Total Pages: 395

ISBN-13: 0262544776

DOWNLOAD EBOOK

The second edition of a rigorous and example-driven introduction to topics in economic dynamics that emphasizes techniques for modeling dynamic systems. This text provides an introduction to the modern theory of economic dynamics, with emphasis on mathematical and computational techniques for modeling dynamic systems. Written to be both rigorous and engaging, the book shows how sound understanding of the underlying theory leads to effective algorithms for solving real-world problems. The material makes extensive use of programming examples to illustrate ideas, bringing to life the abstract concepts in the text. Key topics include algorithms and scientific computing, simulation, Markov models, and dynamic programming. Part I introduces fundamentals and part II covers more advanced material. This second edition has been thoroughly updated, drawing on recent research in the field. New for the second edition: “Programming-language agnostic” presentation using pseudocode. New chapter 1 covering conceptual issues concerning Markov chains such as ergodicity and stability. New focus in chapter 2 on algorithms and techniques for program design and high-performance computing. New focus on household problems rather than optimal growth in material on dynamic programming. Solutions to many exercises, code, and other resources available on a supplementary website.

Structural Change and Economic Growth
Structural Change and Economic Growth

Author: Luigi L. Pasinetti

Publisher: CUP Archive

Published: 1981-04-16

Total Pages: 308

ISBN-13: 9780521236072

DOWNLOAD EBOOK

This book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system

New Structural Economics
New Structural Economics

Author: Justin Yifu Lin

Publisher: World Bank Publications

Published: 2012-01-01

Total Pages: 389

ISBN-13: 0821389572

DOWNLOAD EBOOK

This book provides an innovative framework to analyze the process of industrial upgrading and diversification, a key feature of economic development. Based on this framework, it provides concrete advice to development practitioners and policy makers on how to unleash a country's growth potential.

Resources, Production and Structural Dynamics
Resources, Production and Structural Dynamics

Author: Mauro L. Baranzini

Publisher: Cambridge University Press

Published: 2015-04-30

Total Pages: 521

ISBN-13: 1316299724

DOWNLOAD EBOOK

Economists since the First Industrial Revolution have been interested in the links between economic growth and resources, often pointing to resource scarcities as a hindrance to growth. Offering a counter perspective, this volume highlights the positive role that scarcities can play in inducing technical progress and economic growth. It outlines a structural framework for the political economy of scarcity and rents, and offers a novel way of organizing the evidence concerning the role of resources in industrial growth. This book proposes a major shift in the treatment of scarcity issues by focusing on bottlenecks and opportunities arising within the production system, and will appeal to economists and policy makers interested in the role of resources as triggers of structural change.

Structural Dynamics and Economic Growth
Structural Dynamics and Economic Growth

Author: Richard Arena

Publisher: Cambridge University Press

Published: 2012-05-03

Total Pages: 309

ISBN-13: 1107379199

DOWNLOAD EBOOK

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.

Commodity Price Dynamics
Commodity Price Dynamics

Author: Craig Pirrong

Publisher: Cambridge University Press

Published: 2011-10-31

Total Pages: 238

ISBN-13: 1139501976

DOWNLOAD EBOOK

Commodities have become an important component of many investors' portfolios and the focus of much political controversy over the past decade. This book utilizes structural models to provide a better understanding of how commodities' prices behave and what drives them. It exploits differences across commodities and examines a variety of predictions of the models to identify where they work and where they fail. The findings of the analysis are useful to scholars, traders and policy makers who want to better understand often puzzling - and extreme - movements in the prices of commodities from aluminium to oil to soybeans to zinc.

The Economic Theory of Structure and Change
The Economic Theory of Structure and Change

Author: Mauro Baranzini

Publisher: CUP Archive

Published: 1990

Total Pages: 376

ISBN-13: 9780521345163

DOWNLOAD EBOOK

This wide-ranging 1991 inquiry into the general field of structural economic analysis provides a thorough appraisal of the method of economic dynamics.

Structural Dynamics
Structural Dynamics

Author: Mario Paz

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 836

ISBN-13: 1468400185

DOWNLOAD EBOOK

The use of COSMOS for the analysis and solution of structural dynamics problems is introduced in this new edition. The COSMOS program was selected from among the various professional programs available because it has the capability of solving complex problems in structures, as well as in other engin eering fields such as Heat Transfer, Fluid Flow, and Electromagnetic Phenom ena. COSMOS includes routines for Structural Analysis, Static, or Dynamics with linear or nonlinear behavior (material nonlinearity or large displacements), and can be used most efficiently in the microcomputer. The larger version of COSMOS has the capacity for the analysis of structures modeled up to 64,000 nodes. This fourth edition uses an introductory version that has a capability limited to 50 nodes or 50 elements. This version is included in the supplement, STRUCTURAL DYNAMICS USING COSMOS 1. The sets of educational programs in Structural Dynamics and Earthquake Engineering that accompanied the third edition have now been extended and updated. These sets include programs to determine the response in the time or frequency domain using the FFf (Fast Fourier Transform) of structures modeled as a single oscillator. Also included is a program to determine the response of an inelastic system with elastoplastic behavior and a program for the development of seismic response spectral charts. A set of seven computer programs is included for modeling structures as two-dimensional and three dimensional frames and trusses.