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Preface To Inframarginal Contributions To Development Economics


 Preface To Inframarginal Contributions To Development Economics
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Preface To Inframarginal Contributions To Development Economics


 Preface To Inframarginal Contributions To Development Economics
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Author : Christis Tombazos
language : en
Publisher:
Release Date : 2009

Preface To Inframarginal Contributions To Development Economics written by Christis Tombazos and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with categories.


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.



Inframarginal Contributions To Development Economics


Inframarginal Contributions To Development Economics
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Author : Christis G. Tombazos
language : en
Publisher: World Scientific Publishing Company
Release Date : 2006

Inframarginal Contributions To Development Economics written by Christis G. Tombazos and has been published by World Scientific Publishing Company this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.


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 labour. This book is a first attempt to collect relevant key contributions and will be invaluable to active researchers in the field of development economics. Contents: The Origins of Inframarginal Applications to the Study of Economic Development; Development Strategies, Income Distribution, and Dual Structures; Urbanization; Entrepreneurship and the Firm; Endogenous Transaction Costs andProperty Rights; Investment, Endogenous Growth, and Social Experiments; Infrastructure, Labor Surplus, Insurance, and the Trade-Off Between Leisure and Income. Key Features An excellent introduction to the emerging field of inframarginal economics A novel collection of key contributions in the field of inframarginal development economics Provides an evolutionary perspective of the study of economic development Readership: Academic economists.



Inframarginal Contributions To Development Economics


Inframarginal Contributions To Development Economics
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Author : Christis G Tombazos
language : en
Publisher: World Scientific
Release Date : 2006-10-09

Inframarginal Contributions To Development Economics written by Christis G Tombazos and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-10-09 with Business & Economics categories.


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.



An Inframarginal Approach To Trade Theory


An Inframarginal Approach To Trade Theory
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Author : Xiaokai Yang
language : en
Publisher: World Scientific
Release Date : 2005

An Inframarginal Approach To Trade Theory written by Xiaokai Yang and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.


Inframarginal analysis represents a methodology that extends marginal analysis, using non-classical mathematical programming, in efforts to investigate corner solutions and indivisibilities. As such this approach has been used to reintroduce classical insights regarding the division of labor and economic organization to the mainstream of economic inquiry. One of the most prolific and useful relevant applications of inframarginal analysis concerns the area of international trade theory. The ensuing field of study has attracted considerable ? and rapidly expanding ? interest in recent years. Yet, little has been done by way of organizing the accumulated knowledge in a single volume. This book fills that gap by collecting key articles that mark distinct stages in the evolution of research in the area of inframarginal applications to trade theory. In this context the volume represents an excellent introduction of this novel and exciting field of study to the new researcher, and an invaluable source of reference to those seasoned in inframarginal applications to trade theory.



Readings In The Economics Of The Division Of Labor The Classical Tradition


Readings In The Economics Of The Division Of Labor The Classical Tradition
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Author : Guang-zhen Sun
language : en
Publisher: World Scientific
Release Date : 2005-05-09

Readings In The Economics Of The Division Of Labor The Classical Tradition written by Guang-zhen Sun and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-05-09 with Business & Economics categories.


Study of the progressive division of labor is a burgeoning industry in economics in recent years. Classical authors, dating back as early as 500 BC, have made insightful analyses on the determinants and implications of the division of labor. Unfortunately these writings are rather scattered and not readily accessible. This important book aims to fill this void, serving as a valuable source of reference for scholars interested in the economics of specialization.The volume begins with the precursors of political economy including the ancient Greeks, medieval Islamic scholastics and mercantilists, continues with the classical political economists and the neoclassicists, and concludes with the Austrian economists such as Hayek in the 1940s. It covers major themes and perspectives about the division of labor that have ever emerged in the discipline of the economic science, including the economics of increasing returns to specialization, the twin ideas of division of labor and the extent of the market, the theory of the spontaneous market order, coordination in the factory system and large scale manufactures, knowledge and the division of mental labor, integration of analyses of specialization into the neoclassical framework, etc.



An Inframarginal Approach To Trade Theory


An Inframarginal Approach To Trade Theory
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Author : Xiaokai Yang
language : en
Publisher: World Scientific
Release Date : 2005

An Inframarginal Approach To Trade Theory written by Xiaokai Yang and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.


Inframarginal analysis represents a methodology that extends marginalanalysis, using non-classical mathematical programming, in efforts toinvestigate corner solutions and indivisibilities. As such thisapproach has been used to reintroduce classical insights regarding thedivision of labor and economic organization to the mainstream ofeconomic inquiry.



The Economics Of New Goods


The Economics Of New Goods
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Author : Timothy F. Bresnahan
language : en
Publisher: University of Chicago Press
Release Date : 2008-04-15

The Economics Of New Goods written by Timothy F. Bresnahan and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Business & Economics categories.


New goods are at the heart of economic progress. The eleven essays in this volume include historical treatments of new goods and their diffusion; practical exercises in measurement addressed to recent and ongoing innovations; and real-world methods of devising quantitative adjustments for quality change. The lead article in Part I contains a striking analysis of the history of light over two millenia. Other essays in Part I develop new price indexes for automobiles back to 1906; trace the role of the air conditioner in the development of the American south; and treat the germ theory of disease as an economic innovation. In Part II essays measure the economic impact of more recent innovations, including anti-ulcer drugs, new breakfast cereals, and computers. Part III explores methods and defects in the treatment of quality change in the official price data of the United States, Canada, and Japan. This pathbreaking volume will interest anyone who studies economic growth, productivity, and the American standard of living.



Inframarginal Economics


Inframarginal Economics
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Author : Xiaokai Yang
language : en
Publisher: World Scientific
Release Date : 2009

Inframarginal Economics written by Xiaokai Yang and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009 with Business & Economics categories.


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.



Terms Of Trade Glossary Of International Economics 2nd Edition


Terms Of Trade Glossary Of International Economics 2nd Edition
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Author : Alan V Deardorff
language : en
Publisher: World Scientific
Release Date : 2014-03-24

Terms Of Trade Glossary Of International Economics 2nd Edition written by Alan V Deardorff and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-24 with Business & Economics categories.


Have you ever wondered what a term in international economics means? This useful reference book offers a glossary of terms in both international trade and international finance, with emphasis on economic issues. It is intended for students getting their first exposure to international economics, although advanced students will also find it useful for some of the more obscure terms that they have forgotten or never encountered.Besides an extensive glossary of terms that has been expanded about 50% from the first edition, there is a picture gallery of diagrams used to explain key concepts such as the Edgeworth Production Box and the Offer Curve Diagram in international economics. This section is followed by over 30 lists of terms that occur a lot in international economics, grouped by subject to help users find terms that they cannot recall.Prior to an enlarged bibliography is an expanded section on the origins of terms in international economics, which records what the author has been able to learn about the origins of some of the terms used in international economics. This is a must-have portable glossary in international trade and international economics!



Economic Development And The Division Of Labor


Economic Development And The Division Of Labor
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Author : Xiaokai Yang
language : en
Publisher: John Wiley & Sons
Release Date : 2008-04-15

Economic Development And The Division Of Labor written by Xiaokai Yang and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Business & Economics categories.


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.