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Books in Economic development technological change and growth

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Productivity and U.S. Economic Growth

  • 1st Edition
  • Volume 169
  • December 6, 2014
  • Dale Jorgenson + 2 more
  • English
  • eBook
    9 7 8 - 1 - 4 8 3 2 - 9 5 8 7 - 9
Between 1948 and 1979, economic activity in the United States increased almost twice as much as over the entire preceding course of American history. The traditional explanation of this remarkable development emphasizes productivity growth. In the most sophisticated study to date of the factors currently affecting economic growth, the authors of this book show that capital formation is far more important, with the growth of labor resources and productivity a distant second. Their conclusions rest on a far more detailed empirical base than any ever assembled in studies of economic growth. For example, the authors distinguish among 81,600 types of labor input – broken down by age, sex, education, occupation, and industry of employment. Similarly, they disaggregate capital by industry, class of asset, and tax treatment. Their analysis of economic growth is from the ``bottom up'' rather than the ``top down'' approach used in earlier work. The new findings imply that efforts to revive U.S. economic growth must focus on increased supplies of capital and labor inputs. This is the key to more rapid growth and international competition.One of the most important features of the book is the way in which it successfully integrates the theory of producer behavior with the indexing and measurement of production growth. The authors present startling new findings showing that less than one-fourth of overall growth is attributable to advances in productivity.

Inequality, Democracy, and Growth in Brazil

  • 1st Edition
  • November 19, 2014
  • Marcos Mendes
  • English
  • Paperback
    9 7 8 - 0 - 1 2 - 8 0 1 9 5 1 - 1
  • eBook
    9 7 8 - 0 - 1 2 - 8 0 1 9 6 5 - 8
In terms accessible to non-economists, Marcos José Mendes describes the ways democracy and inequality produce low growth in the short and medium terms. In the longer term, he argues that Brazil has two paths in front of it. One is to create the conditions necessary to boost economic performance and drive the country toward a high level of development. The other is to fail in untying the political knot that blocks growth, leaving it a middle-income country. The source of his contrasting futures for Brazil is inequality, which he demonstrates is a relevant variable in any discussion of economic growth. Inequality illuminates causes of seemingly-unconnected problems. This book, which includes freely-accessible documents and datasets, is the first in-depth analysis of an issue that promises to become increasingly prominent.

Economic Growth and Sustainability

  • 1st Edition
  • November 17, 2014
  • Karen L. Higgins
  • English
  • Paperback
    9 7 8 - 0 - 1 2 - 8 0 2 2 0 4 - 7
  • eBook
    9 7 8 - 0 - 1 2 - 8 0 3 1 0 8 - 7
How to sustain our world for future generations has perplexed us for centuries. We have reached a crossroads: we may choose the rocky path of responsibility or continue on the paved road of excess that promises hardship for our progeny. Independent efforts to resolve isolated issues are inadequate. Different from these efforts and from other books on the topic, this book uses systems thinking to understand the dominant forces that are shaping our hope for sustainability. It first describes a mental model - the bubble that holds our beliefs - that emerges from preponderant world views and explains current global trends. The model emphasizes economic growth and drives behavior toward short-term and self-motivated outcomes that thwart sustainability. The book then weaves statistical trends into a system diagram and shows how the economic, environmental, and societal contributors of sustainability interact. From this holistic perspective, it finds leverage points where actions can be most effective and combines eight areas of intervention into an integrated plan. By emphasizing both individual and collective actions, it addresses the conundrum of how to blend human nature with sustainability. Finally, it identifies primary three lessons we can learn by applying systems thinking to sustainability. Its metaphor-rich and accessible style makes the complex topic approachable and allows the reader to appreciate the intricate balance required to sustain life on Earth.

Innovation, Entrepreneurship, and the Economy in the US, China, and India

  • 1st Edition
  • October 7, 2014
  • Rajiv Shah + 2 more
  • English
  • Hardback
    9 7 8 - 0 - 1 2 - 8 0 1 8 9 0 - 3
  • eBook
    9 7 8 - 0 - 1 2 - 8 0 1 8 6 5 - 1
What drives innovation and entrepreneurship in India, China, and the United States? Our data-rich and evidence-based exploration of relationships among innovation, entrepreneurship, and economic growth yields theoretical models of economic growth in the context of macroeconomic factors. Because we know far too little about the key characteristics of Chinese and Indian entrepreneurs and the ways they innovate, our balanced, systematic comparison of entrepreneurship and innovation results in a new approach to looking at economic growth that can be used to model empirical data from other countries. The importance of innovation and entrepreneurship to any economy has been recognized since the pioneering work of Joseph Schumpeter. Our analysis of the major factors that affect innovation and entrepreneurship in these three parts of the world – US, China and India –provides a comprehensive view of their effects and their likely futures.

Sustainable Economic Development

  • 1st Edition
  • September 20, 2014
  • Arsenio Balisacan + 2 more
  • English
  • Hardback
    9 7 8 - 0 - 1 2 - 8 0 0 3 4 7 - 3
  • eBook
    9 7 8 - 0 - 1 2 - 8 0 0 4 1 6 - 6
Sustainable Economic Development: Resources, Environment, and Institutions presents 25 articles that lay the foundations of sustainable development in a way that facilitates effective policy design. The editors mix broad thematic papers with focused micro-papers, balancing theories with policy designs.The book begins with two sections on sustainable development principles and practice and on specific settings where sustainable development is practiced. Two more sections illuminate institutions, governance, and political economy. Additional sections cover sustainable development and agriculture, and risk and economic security, including disaster management. This rich source of information should appeal to any institution involved in development work, and to development practitioners grappling with an array of difficult on-the-ground developmental challenges.

Plans and Disequilibria in Centrally Planned Economies

  • 1st Edition
  • Volume 159
  • June 28, 2014
  • W. Charemza + 1 more
  • English
  • eBook
    9 7 8 - 1 - 4 8 3 2 - 9 7 4 7 - 7
The purpose of this study is to investigate interrelations between planning mechanisms and disequilibria in a case where the planning decisions are centralized and are exogenously given to enterprises. The first introductory chapter is intended to provide an understanding of Poland's economic situation during the period under research. In the next five chapters the basic model, describing the households-planners relations in terms of consumption, labour, money and plans are derived, estimated, used for calculation of excess demands, for simulation of some monetary policies, and, finally, for providing optimal control experiments in which consumption excess demand is minimized on a reasonable level of the consumption volume. In the next two chapters the basic model is gradually extended, and the last chapter summarizes the results by formulating a more effective macroeconomic policy.

Explaining the Growth of Government

  • 1st Edition
  • Volume 171
  • June 28, 2014
  • J.A. Lybeck + 1 more
  • English
  • eBook
    9 7 8 - 1 - 4 8 3 2 - 9 4 9 7 - 1
The aim of this book is to explain the post-war growth of the public sector in a number of developed economies. The purpose is to see whether scientists familiar with their respective countries' institutional, political and economic framework, but still working as a group, can advance some common factors behind the growth of government.

National Trade Policies

  • 1st Edition
  • June 28, 2014
  • D. Salvatore
  • English
  • eBook
    9 7 8 - 1 - 4 8 3 2 - 9 5 6 3 - 3
The aim of this volume is to examine and compare the trade policies followed by the most important trading nations of the world. Today there are few, if any, large scale studies of comparative trade such as this one. Moreover trade policies and controversies are expected to become even more important in the future.The volume offers an easily accessible overview of trade policies in each of the world's major trading countries. Thus, this handbook can be of great use to students of comparative economic systems in general and to economists, policymakers, and the general informed public, serving as a comprehensive source of reference and comparison. The references at the end of each chapter and the selected bibliography at the end of the volume identify the most important sources of additional information on the trade policies of the world's most important trading countries.

National Economic Policies

  • 1st Edition
  • June 28, 2014
  • D. Salvatore
  • English
  • eBook
    9 7 8 - 1 - 4 8 3 2 - 9 9 1 6 - 7
This book presents an overview of national economic policies in the world's most important countries or groupings of countries. The purpose of the volume is to examine and compare the policies followed by different types of countries and study their effects. Although numerous studies have been published on how individual countries conduct economic policies, few if any comparative studies, such as the present one, have been issued.This volume will be of great use to students of comparative economic systems in general and to economists, policymakers, and the general informed public as a source of reference and comparison.

Tinbergen Lectures on Economic Policy

  • 1st Edition
  • May 21, 2014
  • A. Knoester + 1 more
  • English
  • eBook
    9 7 8 - 1 - 4 8 3 2 - 9 6 4 5 - 6
The institute of annual Tinbergen Lectures was established by the Royal Netherlands Economic Association in honour of one of its greatest members, Jan Tinbergen. Collected in this volume are the six Tinbergen lectures which have been delivered from 1987 onwards by distinguished economists of international standing. The lectures are preceded by a brief outline of their content, and a chapter dealing with Tinbergen's membership of the Royal Netherlands Economic Association. In addition chapter 3 contains a survey of the change and continuity in Tinbergen's work.

Related subjects

Development planning and policy

Economic development

Economic development technological change and growth general

Economic growth and aggregate productivity

Economics of technological change

Economywide country studies