Theories Of Technical Change And Investment
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Theories Of Technical Change And Investment
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Author : Chidem Kurdas
language : en
Publisher: Springer
Release Date : 2016-07-27
Theories Of Technical Change And Investment written by Chidem Kurdas and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
'Technology is becoming ever more widely recognised as the crucial element in the explanation of economic growth and business fluctuations. Yet the relationship between investors' rationality and investment strategy remains ill understood, and is often constructed in contradictory fashion. Chidem Kurdas's lucid exploration of the problem provides the basis for a synthesis that should prove extremely useful: it is the most original book if its kind that I know.' Professor Heilbroner, The New School for Social Research, New York What is involved in the rational calculation behind the decision to invest and innovate? This book compares the different answers given to this question, from the early classics to recent new classical and new institutionalist models, in a both rigorous and accessible way.
Survey Of Economic Theory On Technological Change And Employment
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Author : Alexander Gourvitch
language : en
Publisher:
Release Date : 1940
Survey Of Economic Theory On Technological Change And Employment written by Alexander Gourvitch and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1940 with Economics categories.
Theory Of Technical Change And Economic Invariance
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Author : Ryuzo Sato
language : en
Publisher: Academic Press
Release Date : 2014-05-10
Theory Of Technical Change And Economic Invariance written by Ryuzo Sato and has been published by Academic Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-10 with Business & Economics categories.
Theory of Technical Change and Economic Invariance: Application of Lie Groups presents the economic invariance problems observable behavior under general transformations such as taste change or technical change. This book covers a variety of topics in economic theory, ranging from the analysis of production functions to the general recoverability problem of optimal dynamic behavior. Organized into nine chapters, this book begins with an overview of the theory of observable behavior by analyzing the invariant relationships among economic variables. This text then examines the Lie group theory which provides one of the most efficient methods of studying invariance properties. Other chapters consider the analysis of exogenous technical change, a process partly due to dynamic market forces of supply and demand. This book discusses as well the topics closely related to parametric changes under Lie groups and related transformations. The final chapter deals with mathematical foundations of the theory of observable market behavior. This book is a valuable resource for economists.
The Theory Of Technological Change And Economic Growth
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Author : Dr Stanislaw Gomulka
language : en
Publisher: Routledge
Release Date : 2006-12-05
The Theory Of Technological Change And Economic Growth written by Dr Stanislaw Gomulka and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-12-05 with Business & Economics categories.
In this wide ranging exposition of the various economic theories of technological change, Stanislaw Gomulka relates them to rates of growth experienced by different economies in both the short and the long term. Analysis of countries as diverse as Japan, the Soviet Union and the United Kingdom demonstrates that there is an interdependence between technological change and the institutional and cultural characteristics of different countries, which can have a profound effect on their rates of growth. All of the major, relevant models are discussed, including those of Kuznets and Phelps, but throughout the emphasis is on the creation of a unified theoretical framework to help explain the impact of technological progress on both a micro and a macro scale.
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.
Inflation And The Theory Of Money
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Author : R. J. Ball
language : en
Publisher: Taylor & Francis
Release Date : 2017-07-12
Inflation And The Theory Of Money written by R. J. Ball and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-12 with Business & Economics categories.
Martin Bronfenbrenner in the Journal of Finance had this to say when the book was first released "A thoughtful, scholarly, and systematic treatise on the economics of inflation. If this reviewer were asked to hang a course on inflation theory upon one single text, it would almost certainly be this one." The principal concern of this book is to set out the elements that enter into problems of analyzing inflation. This detailed, readable review of contemporary theory on the problems of inflation fills an important gap in the literature on macro-economics that: 1) assesses the implications of inflationary processes for economic policy; 2) synthesizes a general framework within which to illustrate inflationary processes; 3) reconciles the approaches of "demand inflation" and "cost inflation"; and 4) analyzes the determination and behavior of the general price level in an exchange economy. The first part of the book reviews neo-classical and "Keynesian" type models of the closed macro-economy, analyzes determination of the general price level, and introduces a restatement of conventional employment theory with emphasis on the general price level. The second part considers the problems of price and wage determinations and the demand for money in more detail, synthesizing the analyses into a model of the macro-economy and discussing the implications of this model and the preceding analysis for economic policy. Describing alternative approaches to the theory of inflation, each of which has resulted in partial theories, the book avoids fragmentary explanations by setting the entire discussion in the context of a macro-economic general equilibrium framework.
Technological Change
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Author : Aurora Teixeira
language : en
Publisher: BoD – Books on Demand
Release Date : 2012-04-11
Technological Change written by Aurora Teixeira and has been published by BoD – Books on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-11 with Technology & Engineering categories.
Technological change is today central to the theory of economic growth. It is recognised as an important driver of productivity growth and the emergence of new products from which consumers derive welfare. It depends not only on the work of scientists and engineers, but also on a wider range of economic and societal factors, including institutions such as intellectual property rights and corporate governance, the operation of markets, a range of governmental policies (science and technology policy, innovation policy, macroeconomic policy,competition policy, etc.), historical specificities, etc. Given that technology is explicitly taken up in the strategies and policies of governments and firms, and new actors both in the national and international arenas become involved, understanding the nature and dynamics of technology is on demand. I anticipate that this book will decisively contribute in this regard.
Theory And Implementation Of Economic Models For Sustainable Development
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Author : J.C. van den Bergh
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09
Theory And Implementation Of Economic Models For Sustainable Development written by J.C. van den Bergh 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 2013-03-09 with Business & Economics categories.
There is widespread concern for long-term environmental issues in relation to economic processes and developments. Among the concerned scientists are economists, who have taken up the challenge to apply economic insights and tools for the study of long-term environment-economy interactions, and to give the concept of sustainable development 'economic hands and feet'. This book presents a pluralistic perspective on efforts, problems and successes in this area. This collection of papers was originally prepared for an international symposium titled Economic Modelling of Sustainable Development: Between Theory and Practice, which was hosted by the Vrije Universiteit in Amsterdam, on December 20th 1996. The main motivation for this symposium was that the usefulness of the concept of sustainable development for theoretical and applied modelling is still being debated; growth theorists, resource economists, ecological economists, policy makers and many others are trying to deal with the concept in various, and sometimes conflicting, ways. The aim of the symposium was to bring together different theoretical and implementational perspectives on modelling for sustainable development. We hope that this volume will inform a wide audience about the perspectives and progress in this important area of research, as well as stimulate further research, notably on applied modelling and practical methods for the analysis of sustainable development at various (spatial) scales. The papers have, in due course, been revised several times based on comments made by discus sants, referees and the editors.
The Economic Theory Of Fiscal Policy
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Author : Alan Peacock
language : en
Publisher: Taylor & Francis
Release Date : 2024-09-02
The Economic Theory Of Fiscal Policy written by Alan Peacock and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-09-02 with Business & Economics categories.
Originally published in 1971, this book uses the famous Tinbergen/Theil approach to the theory of economic policy, demonstrating the place of fiscal policy in a realistic policy context. The volume marries analytical developments in macroeconomics to the influence on the economy of the system of public finance. Attention is given to the problem co-ordinating fiscal policy with other policy instruments, notably monetary policy. A final chapter discusses the problems encountered in applying fiscal policy models to real situations.
Technical Change And Industrial Transformation
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Author : Giovanni Dosi
language : en
Publisher: Springer
Release Date : 1984-08-16
Technical Change And Industrial Transformation written by Giovanni Dosi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984-08-16 with Business & Economics categories.