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Econom A Dual


Econom A Dual
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The Vanishing Middle Class New Epilogue


The Vanishing Middle Class New Epilogue
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Author : Peter Temin
language : en
Publisher: MIT Press
Release Date : 2018-03-09

The Vanishing Middle Class New Epilogue written by Peter Temin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-03-09 with Business & Economics categories.


Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.



Production Economics A Dual Approach To Theory And Applications


Production Economics A Dual Approach To Theory And Applications
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Author : Melvyn Fuss
language : en
Publisher: Elsevier
Release Date : 2014-06-28

Production Economics A Dual Approach To Theory And Applications written by Melvyn Fuss and has been published by Elsevier this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-28 with Business & Economics categories.


Contributions to Economic Analysis: Production Economics: A Dual Approach to Theory and Applications, Volume 2 focuses on the theory of production from the standpoint of the "dual", the relationships between economic observables which are dual to physical technology. The selection first ponders on duality, intermediate inputs and value-added, Hicks' aggregation theorem and the existence of a real value-added function, and homotheticity and real value-added in Canadian manufacturing. Discussions focus on real value-added and the production structure, estimation of the production structure, double deflation and real value-added, measurement of total productivity, and duality between direct and conditional indirect utility functions. The book then examines the estimation techniques for the elasticity of substitution and other production parameters and measurement of the elasticity of factor substitution and bias of technical change. The publication takes a look at the identification of technical change in the electricity generating industry, factor substitution in electricity generation, and the effectiveness of rate-of-return regulation. Topics include statistical tests of regulatory effectiveness, profit function for a regulated firm, tests of the structure of technology, identification problems in the measurement of technical change, and measurement of disembodied technical change. The selection is a valuable source of information for economists and researchers interested in production economics.



Economic Growth And Development


Economic Growth And Development
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Author : Sibabrata Das
language : en
Publisher: Springer
Release Date : 2018-08-16

Economic Growth And Development written by Sibabrata Das and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-16 with Business & Economics categories.


This text is an introduction to the newer features of growth theory that are particularly useful in examining the issues of economic development. Growth theory provides a rich and versatile analytical framework through which fundamental questions about economic development can be examined. Structural transformation, in which developing countries transition from traditional production in largely rural areas to modern production in largely urban areas, is an important causal force in creating early economic growth, and as such, is made central in this approach. Towards this end, the authors augment the Solow model to include endogenous theories of saving, fertility, human capital, institutional arrangements, and policy formation, creating a single two-sector model of structural transformation. Based on applied research and practical experiences in macroeconomic development, the model in this book presents a more rigorous, quantifiable, and explicitly dynamic dual economy approach to development. Common microeconomic foundations and notation are used throughout, with each chapter building on the previous material in a continuous flow. Revised and updated to include more exercises for guided self study, as well as a technical appendix covering required mathematical topics beyond calculus, the second edition is appropriate for both upper undergraduate and graduate students studying development economics and macroeconomics.



Competition In A Dual Economy


Competition In A Dual Economy
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Author : Joseph Bowring
language : en
Publisher: Princeton, N.J. : Princeton University Press
Release Date : 1986

Competition In A Dual Economy written by Joseph Bowring and has been published by Princeton, N.J. : Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1986 with Business & Economics categories.


Joseph Bowring places the dual economy in a historical context and analyzes the evolution of core and periphery competition. He also refines the dual economy hypothesis and provides strong new empirical support for it. Originally published in 1986. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These paperback editions preserve the original texts of these important books while presenting them in durable paperback editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.



The Vanishing Middle Class


The Vanishing Middle Class
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Author : Peter Temin
language : en
Publisher: MIT Press
Release Date : 2017-03-10

The Vanishing Middle Class written by Peter Temin and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-10 with Social Science categories.


Why the United States has developed an economy divided between rich and poor and how racism helped bring this about. The United States is becoming a nation of rich and poor, with few families in the middle. In this book, MIT economist Peter Temin offers an illuminating way to look at the vanishing middle class. Temin argues that American history and politics, particularly slavery and its aftermath, play an important part in the widening gap between rich and poor. Temin employs a well-known, simple model of a dual economy to examine the dynamics of the rich/poor divide in America, and outlines ways to work toward greater equality so that America will no longer have one economy for the rich and one for the poor. Many poorer Americans live in conditions resembling those of a developing country—substandard education, dilapidated housing, and few stable employment opportunities. And although almost half of black Americans are poor, most poor people are not black. Conservative white politicians still appeal to the racism of poor white voters to get support for policies that harm low-income people as a whole, casting recipients of social programs as the Other—black, Latino, not like "us." Politicians also use mass incarceration as a tool to keep black and Latino Americans from participating fully in society. Money goes to a vast entrenched prison system rather than to education. In the dual justice system, the rich pay fines and the poor go to jail.



On The Efficiency Price Of A Capital In A Dual Economy


On The Efficiency Price Of A Capital In A Dual Economy
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Author : Stanford University. Institute for Mathematical Studies in the Social Sciences
language : en
Publisher:
Release Date : 1973

On The Efficiency Price Of A Capital In A Dual Economy written by Stanford University. Institute for Mathematical Studies in the Social Sciences and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1973 with categories.




Dual Labor Markets


Dual Labor Markets
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Author : Gilles Saint-Paul
language : en
Publisher: MIT Press
Release Date : 1996

Dual Labor Markets written by Gilles Saint-Paul and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Business & Economics categories.


Uses theoretical models to analyse the macroeconomic implications of the dual labour market. Includes an introduction to the techniques of dynamic programming and the matching function.



Development Dual Citizenship And Its Discontents In Africa


Development Dual Citizenship And Its Discontents In Africa
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Author : Robtel Neajai Pailey
language : en
Publisher: Cambridge University Press
Release Date : 2021-01-07

Development Dual Citizenship And Its Discontents In Africa written by Robtel Neajai Pailey and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-01-07 with Business & Economics categories.


Based on rich oral histories, this is an engaging study of citizenship construction and practice in Liberia, Africa's first black republic.



The Commonsense Of Political Economy


The Commonsense Of Political Economy
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Author : Philip H. Wicksteed
language : en
Publisher: Routledge
Release Date : 2014-04-04

The Commonsense Of Political Economy written by Philip H. Wicksteed and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-04 with Business & Economics categories.


This is Volume XXI of twenty-three in a collection on the History of Economic Thought. Originally published in 1933, this volume offers selected papers and reviews on economic theory as a second volume of two.



Economic Growth And Income Distribution In The Development Of China S Dual Economy


Economic Growth And Income Distribution In The Development Of China S Dual Economy
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Author : Wang Dihai
language : en
Publisher: Routledge
Release Date : 2022-02-10

Economic Growth And Income Distribution In The Development Of China S Dual Economy written by Wang Dihai and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-02-10 with categories.


Since the start of the process of economic reform in 1978, China has maintained the structure of a dual economy, with concurrent development of the agricultural and industrial sectors. This book explores the key issues of China's economic growth and income distribution in this context. Pivoting on analysis of China's real GDP and growth rate, the first part of the book analyzes the evolution of economic growth and characteristics of economic structural changes across a period of forty years, scrutinizing the different determinants that contribute to growth. Then, chapters in the second part of the volume study the relationship between China's economic growth and economic development, elucidating the mechanism of interaction between the former and key factors of the latter, including investment, housing, education, and healthcare. The final chapters center on the development and current landscape of income distribution, providing explanation for sharpening income inequalities and advancing suggestions and feasible solutions to the problem of income gap. This book is targeted at scholars, students and policymakers interested in China's economy, income distribution, and economic growth.