Inframarginal Economics

Inframarginal Economics

Author: Xiaokai Yang

Publisher: World Scientific

Published: 2009

Total Pages: 924

ISBN-13: 9812837922

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This research monograph provides systematic and comprehensive materials for applying inframarginal analysis to study a wide range of economic phenomena. The analysis is based on a new overarching framework to resurrect the classical notion of division of labor and specialization, which is an essential source of increasing a nation''s wealth. The framework absorbs many classical and neo-classical insights in a general equilibrium analysis and explains many micro- and macro-phenomena. Many areas of the discipline that have been customarily treated as separate branches can now be analyzed systematically within this integrated framework. These include, for example, micro-economics; macro-economics; development economics; international economics; urban economics; growth theory; industrial organization; applications of game theory in economics; economics of property rights; economics of transaction costs; economics of institutions and contract; economics of organization; economics of states; managerial economics; theory of hierarchy; new theory of the firm; theory of money; theory of insurance; theory of network and reliability.


Economic Development and the Division of Labor

Economic Development and the Division of Labor

Author: Xiaokai Yang

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 664

ISBN-13: 1405142170

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This innovative new text from Jeffrey Sachs and Xiokai Yangintroduces students to development economics from the perspectivesof inframarginal analysis and marginal analysis. The bookdemonstrates how the new-found emphasis on inframarginal analysishas influenced a shift back to an interest in Classical Economicsfrom Neoclassical Economics. Inframarginal Analysis vs. Marginal Analysis is presented as aconsistent theoretical framework throughout. Shows how the relationship of Inframarginal Analysis toMarginal Analysis has influenced the shift back to an interest inClassical Economics from Neoclassical Economics with regard toeconomic development. Allows economists to reduce their overall reliance on marginalanalysis, which may be less relevant to development economics thanit is to the economics of development countries. Brings considerable analytic machinery to bear on importantproblems. A focus on institutions and transaction costs that is veryrelevant to development economics. Offers a thorough analysis of trade (CHs. 3 - 7) andmacroeconomics (CHs. 16 - 19), both of which are not dealth with indepth by comparable textbooks.


The Economics of E-Commerce and Networking Decisions

The Economics of E-Commerce and Networking Decisions

Author: Y. Ng

Publisher: Springer

Published: 2003-12-19

Total Pages: 338

ISBN-13: 1403938377

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This volume is a collection of selected papers using the framework of inframarginal analysis of the division of labour held at Monash University on 6-7 July 2001. This framework, pioneered mainly by Professor Xiaokai Yang, (with joint researches involving all the three editors and many of the authors), has been recommended by Professor James Buchanan (Nobel Laureate in Economics) as the most important analysis in economics in the world today.


Increasing Returns and Economic Efficiency

Increasing Returns and Economic Efficiency

Author: Y. Ng

Publisher: Springer

Published: 2009-04-30

Total Pages: 213

ISBN-13: 0230236812

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Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.


Inframarginal Contributions To Development Economics

Inframarginal Contributions To Development Economics

Author: Christis G Tombazos

Publisher: World Scientific

Published: 2006-10-09

Total Pages: 564

ISBN-13: 9814478601

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The core of classical economic analysis represented by William Petty and Adam Smith concentrated on the field of development economics. This classical footing of the study of development is different from the neoclassical perspective in two important respects: (a) it focuses on division of labor as the driving force of development, and (b) it emphasizes the role of the market (the “invisible hand”) in exploiting productivity gains that are derived from division of labor. However these aspects have received little attention in the body of literature that represents the modern field of development economics — which largely represents the neoclassical application of marginalism. A notable exception is research that utilizes inframarginal analysis of individuals' networking decisions in an attempt to formalize the classical mechanisms that drive division of labor. This book is a first attempt to collect relevant key contributions and is intended for active researchers in the field of development economics.


A Companion to Urban Economics

A Companion to Urban Economics

Author: Richard J. Arnott

Publisher: John Wiley & Sons

Published: 2008-04-15

Total Pages: 608

ISBN-13: 1405178353

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A Companion to Urban Economics provides a state-of-the-artoverview of this field, communicating its intellectual richnessthrough a diverse portfolio of authors and topics. Unique in both its rigor and international treatment An ideal supplementary textbook in upper-level undergraduateurban economics courses, or in master's level and professionalcourses, providing students with the necessary foundation to tacklemore advanced topics in urban economics Contains contributions from the world’s leading urbaneconomists


Issues in Urban Economics

Issues in Urban Economics

Author: Harvey S. Perloff

Publisher: Routledge

Published: 2013-10-18

Total Pages: 614

ISBN-13: 1134001215

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Classic economic considerations applied to the crucial urban problems of poverty, racial segregation, urban renewal, transportation, and education. Originally published in 1968


Institutional Logics and Practice of the Evolution of Urban–Rural Relationships

Institutional Logics and Practice of the Evolution of Urban–Rural Relationships

Author: Xiaoye Zhe

Publisher: Springer Nature

Published: 2020-12-18

Total Pages: 271

ISBN-13: 9811584192

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This book mainly analyzes the major issues at all phases of the transition of urban-rural relation, as well as measures adopted by the transition launcher in face of such issues, including not only the system and policy design of the national and local government, but the countermeasures of basic-level units at urban and rural areas and the people. Through reference of the social structure and social behavior, it proposes “opportunity structures”, “interactive mechanism” and “behavior strategies” for different periods, which to some degree promotes the transition of urban-rural relation and brings in new, more complicated issues for the development. It is under the impact of such new and existing issues that big problem follows when the urban-rural relation steps onto a new stage, showing several paths and practices different from the general urbanization and modernization theories.


Specialization and Economic Organization

Specialization and Economic Organization

Author: X. Yang

Publisher: Elsevier

Published: 2015-09-15

Total Pages: 536

ISBN-13: 1483296822

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As the subtitle indicates, this book presents a new classical microeconomic framework. It develops a new unifying analytical framework that covers topics concerning international trade, development economics, growth theory, transaction costs economics, comparative economics, management economics, urban economics, industrial organization, and macroeconomics. The new classical microeconomic framework is used to bring the analysis of economies of specialization, the division of labor, and the structure of economic organization into the central place of economics.


Economy

Economy

Author: Ron Martin

Publisher: Routledge

Published: 2017-11-30

Total Pages: 723

ISBN-13: 1351159186

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Economic geographers have always argued that space is key to understanding the economy, that the processes of economic growth and development do not occur uniformly across geographic space, but rather differ in degree and form as between different nations, regions, cities and localities, with major implications for the geographies of wealth and welfare. This was true in the industrial phase of global capitalism, and is no less true in the contemporary era of post-industrial, knowledge-driven global capitalism. Indeed, the marked changes occurring in the structure and operation of the economy, in the sources of wealth creation, in the organisation of the firm, in the nature of work, in the boundaries between market and state, and in the regulation of the socio-economy, have stimulated an unprecedented wave of theoretical, conceptual and empirical enquiry by economic geographers. Even economists, who traditionally have viewed the economy in non-spatial terms, as existing on the head of the proverbial pin, are increasingly recognising the importance of space, place and location to understanding economic growth, technological innovation, competitiveness and globalisation. This collection of previously published work, though containing but a fraction of the huge explosion in research and publication that has occurred over the past two decades, seeks to convey a sense of this exciting phase in the intellectual development of the discipline and its importance in grasping the spatialities of contemporary economic life.