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A Neo Classical Theory Of Economic Growth

Author : James Edward Meade
ISBN : UIUC:30112081730050
Genre : Economic development
File Size : 75. 96 MB
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Rate Of Profit Distribution And Growth

Author : J.A. Kregel
ISBN : 9781351494854
Genre : Business & Economics
File Size : 79. 62 MB
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A controversy among economists has raged in the pages of professional journals for the last decade. The debate concerns capital theory and distribution theory, as well as interpretation of models of long-run economic growth. This book is an attempt to integrate recent developments in capital theory and show their implications for models of long-run economic growth in mature capitalistic countries.This book first presents the von Neumann model and outlines its classical approach to the rate of profits and distribution. Sraffa's resolution of the value-price transformation problem is then presented and compared with Samuelson's ""Surrogate Production Function"". With the results of this comparison and the delineation of the special case in which the ""Surrogate"" is valid, several existing models of growth are set out in two representative groups.Neoclassical models form the first group. These are defined by their reliance on marginal theory to determine factor prices, the rate of profit and therefore distribution via the perfectly differentiable production function. Models of Meade, Tobin, Solow, and Samuelson- Modigliani are outlined and analyzed for their treatment and distribution and profits theory. The second group is comprised of models within the strict Keynesian tradition. The basic groundwork of these models as found in the work of Keynes and Kalecki is first cited. The Keynesian models are characterized by their assumption that the investment decision is totally independent of savings decisions in the economy. The models of Harrod, Kaldor, Pasinetti and Joan Robinson are presented and their method of approach to the rate of profits and distribution is analyzed.The concluding chapter focuses on some criticisms brought against the Keynesian models and offers some generalized formulations to deal with these neoclassical objections. General conclusions follow the treatment of each representative group and author.

Collected Papers James Meade

Author : Susan Howson
ISBN : 9781136554254
Genre : Business & Economics
File Size : 59. 3 MB
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First Published in 2004. Routledge is an imprint of Taylor & Francis, an informa company.

Classical Economics And Modern Theory

Author : Heinz D. Kurz
ISBN : 9781134202263
Genre : Business & Economics
File Size : 53. 89 MB
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In this thought-provoking book, well known economists Kurz and Salvadori cover original findings and new vistas on old problems. They cover: alternative interpretations of classical economists new growth theory the relationship between Sraffian theory and Von Neumann the treatment of capital in neoclassical long-period theory. Incorporating cutting-edge research and new work, this book will be of great interest to those working in the field of the history of economic thought.

Economic Theory And Social Change

Author : Hasse Ekstedt
ISBN : 9781136948824
Genre : Business & Economics
File Size : 51. 56 MB
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This book is a discourse on modelling Man in a social context. Its focus is on economic main-stream theory in its capacity to handle basic problems such as uncertainty, social dynamics and ethics. The point of departure is a systematic critique of the specific methodology of economics and its axiomatic structure. The ultimate aim is to develop an economic theory for a socially sustainable society. Economic Theory and Social Change analyses the foundation of economic market theory in relation to its social implications. On rejecting the axiomatic structure of the market theory Hasse Ekstedt and Angelo Fusari analyse the concept of growth and uncertainty with respect to a more realistic modelling of man, The book also addresses central political problems and their potential solutions, including permanent unemployment, distribution of income, the interaction of real and financial growth, money and the credit system. In seeking objective values to help to obtain a socially sustainable society, the book traces a tentative revision of economic and social thought based on a deepening of some crucial features of modern economies and societies. These features include innovation, the connected flows of uncertainty, entrepreneurship, and their role in fuelling and characterizing economic growth and development. This book will be of interest to postgraduate students and researchers of Economics, particularly to those focussing on Economic Theory and Political Economy.

Restructuring Development Theories And Policies

Author : M. Shamsul Haque
ISBN : 0791442578
Genre : Political Science
File Size : 35. 9 MB
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Explains and critiques current theories of political development.

Contemporary Economic Issues

Author : Murat Sertel
ISBN : 9781349145409
Genre : Business & Economics
File Size : 64. 89 MB
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A guide to the experiences of economic reform since the second World War, and system reform and economic integration across the world in the past decade. The first part of the book examines why only a small number of developing countries have succeeded in their modernization attempts this century. What lessons can be learnt from the successes of the East Asian NIEs and failures of other economies to emulate them? The very different experiences of the transition to market economies in the former socialist countries of Eastern Europe and China is the focus of the next section, with comparisons drawn with the Latin American reform experience, especially in Chile. The effects of economic integration schemes are examined in the final sector, with case-studies of Tunisia and Morocco's Free Trade Agreements with the EU, and of economic integration and the Arab-Israeli peace process.

Economic Growth Second Edition

Author : Robert J. Barro
ISBN : 9780262025539
Genre : Business & Economics
File Size : 30. 4 MB
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The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.

Theories Of Development

Author : Richard Peet
ISBN : 9781606230664
Genre : Social Science
File Size : 23. 45 MB
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Widely adopted, this unique text critically evaluates the leading theories of international economic development, from classical economic and sociological models to Marxist, poststructuralist, and feminist perspectives. No other book provides such comprehensive coverage or links the theories as incisively to contemporary world events and policy debates. Reexamining neoliberal conceptions of economic growth, the authors show what a more just and democratic form of development might look like today. New to This Edition: Revised to reflect evolving global economic realities Updated with the latest concepts and empirical data Additional chapter on classical and neoclassical economics Increased coverage of real-world policy issues Now more accessible to undergraduates.

Factors Of Eu Economic Growth

Author : Florin-Teodor Boldeanu
ISBN : 9781527514690
Genre : Business & Economics
File Size : 90. 2 MB
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This book will appeal to scholars and policymakers who deal with and/or are conducting research on the factors of economic growth. At present, there is no unified growth model that is feasible for every investigation. As such, this volume offers key insights into the factors that are most relevant in explaining growth variation at country, regional and metropolitan levels. In order to acquaint the reader with the concepts related to the subject, two theoretical chapters detail the schools of thought and the models that were formulated in the past. Three empirical chapters then present an up-to-date and a multi-level investigation, using the most comprehensive models, for the European Union. The results of this book are policy-oriented and will serve to help close the gaps between EU countries and regions.

Economics And Ethics 1

Author : Wilhelm E. Krelle
ISBN : 9783540247333
Genre : Business & Economics
File Size : 52. 4 MB
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A presentation of the basic models of the most important economic agents (households, firms, the banking system etc.). The influence of ethics on the decisions of persons is discussed within the context of mutual influences of one person on another. It is shown that this leads to a Markov chain which converges to a final situation which in many cases is independent of the initial conditions. The book helps the reader to understand the interdependence of humanities and economics and how to model this interdependence in economics.

Maynard S Revenge

Author : Lance Taylor
ISBN : 9780674267718
Genre : Business & Economics
File Size : 69. 46 MB
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It is now widely agreed that mainstream macroeconomics is irrelevant and that there is need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis. Lance Taylor’s book exposes the unrealistic assumptions of the rational expectations and real business cycle approaches and of mainstream finance theory. It argues that in separating monetary and financial behavior from real behavior, they do not address the ways that consumption, accumulation, and the government play in the workings of the economy. Taylor argues that the ideas of J. M. Keynes and others provide a more useful framework both for understanding the crisis and for dealing with it effectively. Keynes’s basic points were fundamental uncertainty and the absence of Say’s Law. He set up machinery to analyze the macro economy under such circumstances, including the principle of effective demand, liquidity preference, different rules for determining commodity and asset prices, distinct behavioral patterns of different collective actors, and the importance of thinking in terms of complete macro accounting schemes. Economists working in this tradition also worked out growth and cycle models. Employing these ideas throughout Maynard’s Revenge, Taylor provides an analytical narrative about the causes of the crisis, and suggestions for dealing with it.

The Leontief Paradox And The Factor Structure Of Japanese Foreign Trade

Author : Seiji Naya
ISBN : WISC:89010858496
Genre : Japan
File Size : 40. 86 MB
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The Structure Of Production

Author : Mark Skousen
ISBN : 9781479848522
Genre : Business & Economics
File Size : 76. 46 MB
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Introduction : the case for a new macroeconomics -- The theory of production in classical economics -- Hayek and the 1930s : a new vision of macroeconomics -- Time and production in the post-Keynesian era -- The structure of production : the building blocks -- Time and the aggregate production structure -- Savings, technology, and economic growth -- The theory of commodity money : economics of a pure gold standard -- Economics of a fiat money standard : a theory of the business cycle -- Implications for government economic policy -- Conclusions : the future of economic theory and research

Breaking Into New Markets

Author : Richard Newfarmer
ISBN : 0821376381
Genre : Political Science
File Size : 26. 53 MB
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International trade in 2009 is projected to contract for the first time since 1982. As a result, export diversifi cation has gained new urgency as one way of using exports to recover lost growth momentum. Moreover, diversifi cation is central to reducing income volatility and sustaining high growth rates, which are especially important for countries with large populations living in poverty. In the 1950s, countries became concerned that their dependence on primary products would lead to steady falls in the purchasing power of primary exports and thus slow growth. A major policy objective of developing countries since that time has been to diversify out of primary products into manufactures. Although some nations have been at least partially successful, many low-income countries remain dependent on a narrow range of primary products. 'Breaking Into New Markets' argues for a comprehensive view of diversifi cation. It explores new thinking and evidence about export diversifi cation and elaborates on policies for its promotion. These policies span tariffs and taxes, services, and government activities to help fi rms take advantage of global opportunities. The book is a compilation of chapters written as short, policy-focused pieces. Many digest longer, more academic papers in an effort to make the information accessible to a larger policy and nontechnical audience. In that sense, the book is a policy primer on what export diversifi cation can and cannot do for growth and how to make diversifi cation happen. Intelligently designed policies that effi ciently address the obstacles to export growth are critical for overall economic growth and poverty reduction. This book offers insights useful to policy makers and practitioners as they embark on efforts to design new programs of competitiveness in their trade strategies.

Growth And Distribution

Author : Duncan K. Foley
ISBN : 9780674239418
Genre : Business & Economics
File Size : 61. 16 MB
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Authors Foley, Michl, and Tavani offer a major revision of an established textbook on the theory, measurement, and history of economic growth, with new material on climate change, corporate capitalism, and innovation.

The Process Of Economic Development

Author : James M. Cypher
ISBN : 0367256827
Genre : Economic development
File Size : 67. 25 MB
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The fifth edition of The Process of Economic Development offers a thorough and up-to-date treatment of development economics. It has been extensively revised throughout, reflecting the most recent developments in research and incorporating the latest empirical data, as well as key theoretical advances and many new topics. The world has seen vast economic growth in China, economic transformation in India, new challenges in Latin America, rapid economic progress in Southeast Asia, and the deepening impact of environmental issues such as climate change. This new edition addresses all these critical issues as well as the pivotal role of the state, where China's capacity is contrasted with that of African states. Transnational corporations' reliance on low-wage manufacturing and labor arbitrage is featured in the book. Agricultural policy-extensively explored-remains crucial, as does the promotion of industrialization. This fifth edition offers a 'state-of-the-art' analysis of these essential themes and many others. Numerous case studies and issue focuses have been integrated with sundry central topics. Neoclassical theories and applications, including a timely exploration of behavioral economics, are both rigorously and accessibly explicated. Cypher's comprehensive account remains the development economics text par excellence, as it takes a much more practical, hands-on view of the issues facing the developing countries than other, overly mathematical texts. This book is unique in its scope and in the detailed attention it gives to a vast range of ideas, including pioneering developmentalist and heterodox formulations. Distinct institutional structures are examined within their historical contexts. This landmark text will continue to be an invaluable resource for students, teachers, and researchers in the fields of development economics and development studies.

Regional Economics

Author : Roberta Capello
ISBN : 9781317517870
Genre : Business & Economics
File Size : 47. 48 MB
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The second edition of Regional Economics provides a comprehensive and up-to-date treatment of regional economics. This fully revised edition includes key theoretical developments of the last ten years. Topics included span from the earliest location theories to the most recent regional growth theories. It is also is also enriched by the recent debate on smart specialization strategies recently developed by the EU for the design of new cohesion policies. Key elements covered in the new edition include: proximity and innovation theories the concept of territorial capital the debate on the role of agglomeration economies in urban growth This textbook is for undergraduate students in regional and urban economics as well as spatial planning courses.

My Revision Notes Pearson Edexcel A Level Politics Global Politics

Author : John Jefferies
ISBN : 9781510472778
Genre : Study Aids
File Size : 71. 26 MB
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Target success in Edexcel A-level Politics: Global Politics with this proven formula for effective, structured revision. Key content coverage is combined with exam-style tasks and practical tips to create a revision guide that you can rely on to review, strengthen and test your knowledge. With My Revision Notes you can: - Plan and manage a successful revision programme using the topic-by-topic planner - Consolidate your geographical knowledge by working through clear and focused content coverage - Test your understanding and identify areas for improvement with regular 'Now test yourself' tasks and answers - Enhance exam responses using relevant examples and case studies for each topic - Improve your exam technique through practice questions, expert tips and examples of typical mistakes to avoid

The New Palgrave Dictionary Of Economics

Author :
ISBN : 9781349588022
Genre : Law
File Size : 59. 21 MB
Format : PDF, Kindle
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The award-winning The New Palgrave Dictionary of Economics, 2nd edition is now available as a dynamic online resource. Consisting of over 1,900 articles written by leading figures in the field including Nobel prize winners, this is the definitive scholarly reference work for a new generation of economists. Regularly updated! This product is a subscription based product.

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