Essays On The Dynamics Of Technical Progress
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Essays On The Dynamics Of Technical Progress
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Author : Christophe Faugère
language : en
Publisher:
Release Date : 1993
Essays On The Dynamics Of Technical Progress written by Christophe Faugère and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Economic development categories.
Innovation Organization And Economic Dynamics
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Author : Giovanni Dosi
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
Innovation Organization And Economic Dynamics written by Giovanni Dosi and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
Conventional economic analysis of property rights in natural resources is too narrow and restrictive to allow for effective comparisons between alternative institutional structures. In this book, a conceptual framework is developed for the analysis of the
Essays On Technological Progress And Economic Growth
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Author : Jakub Growiec
language : en
Publisher: Presses univ. de Louvain
Release Date : 2007
Essays On Technological Progress And Economic Growth written by Jakub Growiec and has been published by Presses univ. de Louvain this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Business & Economics categories.
This thesis covers a broad range of topics in the general area of economic growth theory and economics of technological change. It is primarily about the ultimate sources of growth and its ultimate limitations. We scrutinize the implications of several specifications of long-run growth “engines” found in the theoretical literature and put forward their generalizations and extensions. At the highest level of generality, we provide a formal proof that balanced (i.e. exponential) growth requires knife-edge assumptions which cannot be satisfied by typical values of model parameters. This result implies that at least one such knife-edge assumption must be made if a given model is supposed to deliver balanced growth over the long run. Next, we deal with the issue of resource-based limits to long-run growth. We propose to promote technological progress which would improve the substitutability between non-renewable and renewable resources: if the elasticity of substitution between the two kinds of resources exceeds unity, production will not fall down to zero even after the non-renewable resources will have been completely depleted. Another question asked is whether it is plausible that R&D-based growth, fueled by steady increases in the world’s population, can be extended into indefinite time. We answer this question by introducing endogenous fertility choice, with population entering the utility functional multiplicatively, into an R&D-based semi-endogenous growth model. The next issue addressed here are the idea-based microfoundations of aggregate production functions. We discuss the correspondence between the shape of production functions, the direction of technical change, and the possibility of sustained endogenous growth. A broad class of production functions, nesting both the Cobb-Douglas and the CES function, is derived. Finally, we discuss the impact of the heterogeneity of innovations on long-run economic dynamics: we augment the semi-endogenous growth model with a distinction between radical and incremental innovations. Total R&D output is assumed to depend on technological opportunity which is depleted by incremental innovations but renewed by radical innovations. The dynamic interplay of the arrivals of the two types of innovations is shown to give rise to transitional oscillations.
Innovation Economic Development And Policy
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Author : Jan Fagerberg
language : en
Publisher: Edward Elgar Publishing
Release Date : 2018-04-27
Innovation Economic Development And Policy written by Jan Fagerberg and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-04-27 with Business & Economics categories.
This authoritative and enlightening book focuses on fundamental questions such as what is innovation, who is it relevant for, what are the effects, and what is the role of (innovation) policy in supporting innovation-diffusion? The first two sections present a comprehensive overview of our current knowledge on the phenomenon and analyse how this knowledge (and the scholarly community underpinning it) has evolved towards its present state. The third part explores the role of innovation for growth and development, while section four is concerned with the national innovation system and the role of (innovation) policy in influencing its dynamics and responding to the important challenges facing contemporary societies.
Structural Change And Economic Growth
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Author : Luigi L. Pasinetti
language : en
Publisher: Cambridge University Press
Release Date : 1981-04-16
Structural Change And Economic Growth written by Luigi L. Pasinetti 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 1981-04-16 with Business & Economics categories.
First published in 1981 this book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system with a growing population and different rates of technical progress in different sectors. The conditions for full employment and full capacity utilisation are examined when prices are stable and when there is inflation. This approach is carried out, not in terms of input-output relations, as has become customary in multisector models, but rather in terms of vertically integrated sectors. This makes it possible to analyse the economic growth process in terms of the structural dynamics of production, of prices and of employment. Remarkable implications are drawn for a surprisingly large number of theoretical problems, which have been under discussion since Adam Smith: from price theory to the theory of rates of profit and the rates of interest; from production theory to the theories of fluctuating growth, ever-changing composition of output, choice of technique and international trade.
Economic Dynamics Trade And Growth
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Author : A.P. Thirlwall
language : en
Publisher: Springer
Release Date : 2015-12-31
Economic Dynamics Trade And Growth written by A.P. Thirlwall and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-31 with Business & Economics categories.
Sir Roy Harrod was one of the foremost economists of the twentieth century who made pioneering contributions in several branches of economics including: trade cycle theory; growth theory; trade theory; monetary economics; imperfect competition theory, and methodology. This volume arises out of a conference to celebrate the sixtieth anniversary of the publication of his book The Trade Cycle in 1936. After an introductory essay by Walter Eltis, a student of Harrod, this volume contains important essays on the interpretation of Harrod's work in the field of economic dynamics by Danial Besomi and Maurizio Pugno, and in the field of trade and growth by Tony Thirlwall, John McCombie and Luca Bendictis. Finally, Warren Young, in the process of writing Harrod's biography, uses correspondence between Harrod and Haberler to elucidate Harrod's views on trade theory, international monetary reform and inflation.
Essays In Honor Of Edwin Mansfield
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Author : Albert N. Link
language : en
Publisher: Springer Science & Business Media
Release Date : 2005-07-01
Essays In Honor Of Edwin Mansfield written by Albert N. Link and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005-07-01 with Business & Economics categories.
Edwin Mansfield was a research pioneer into the economics of R and D and technological change. As appreciation and remembrance for his scholarly contributions, eminent scholars have contributed original papers for this edited volume. The authors have followed the "Mansfieldian” approach of emphasizing economic insight and intuition over mathematical rigor and as a result are very accessable. Essays in Honor of Edwin Mansfield has the potential to serve as a reader in all advanced undergraduate and graduate classes/seminars in the economics of R and D and technological change. This edited volume will be the definitive work in the field.
Essays In Nonlinear Economic Dynamics
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Author : Richard Murphey Goodwin
language : en
Publisher: Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften
Release Date : 1989
Essays In Nonlinear Economic Dynamics written by Richard Murphey Goodwin and has been published by Peter Lang Gmbh, Internationaler Verlag Der Wissenschaften this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
Since the publication of Keynes' General Theory there has been a steady increase in interest in dynamics. With it has only recently come the realization that linear dynamics are very restrictive. This book is a collection of essays on nonlinear economic dynamics, mostly written very recently. They attempt to combine in one integral whole the analysis of cycles and growth, neither of which ever exists in the absence of the other. The essays cover cyclical and unsteady growth, multisectoral models, discrete time and irregularity, Schumpeter's vision and personal statements.
The Dynamics Of Technology
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Author : Roddam Narasimha
language : en
Publisher: SAGE Publications Pvt. Limited
Release Date : 2003-12-06
The Dynamics Of Technology written by Roddam Narasimha and has been published by SAGE Publications Pvt. Limited this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-12-06 with Biography & Autobiography categories.
`This is a good book for a general reader to understand the inter-relationship between science, technology and society and particularly the contribution made by engineers towards technology development' - Technovation This volume, a collection of 10 essays by leading practitioners from both east and west, shows how technology, which has become a major force in our lives today, is itself like a powerful engine. The creation and maintenance of this engine depends on engineers, on ideas from science, research and development, on the pressures and constraints of the market place and national security, on the skills and knowledge of manpower and on the financial resources that banks, governments and other institutions can command and provide. This book does not expound any one point of view. Rather, it tries to understand how the engine of technology works, how it is a complex system whose working is shaped by political, economic, social and cultural forces and in turn shapes them.
Economic Theory Dynamics And Markets
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Author : Takashi Negishi
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
Economic Theory Dynamics And Markets written by Takashi Negishi and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
Economic Theory, Dynamics, and Markets. The collection of essays in honor of Ryuzo Sato, written by his colleagues and students, covers the many fields of economic theory and policy to which he has contributed. The first section pays tribute to his contributions to mathematical economics and economic theory. Ryuzo Sato is known for his work in growth theory and technical progress, and the second section has a number of papers on macroeconomics and dynamics. The third section has a number of papers on financial markets and their functioning in Japan and the United States. The next section examines various aspects of the economics of firms and industry. Ryuzo Sato has been very involved in analyzing the economic and business relations between Japan and the United States, and the last section is devoted to comparative analysis of economic systems.