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Technological Dependence, Monopoly, and Growth
- 1st Edition - October 22, 2013
- Author: Meir Merhav
- Language: English
- Paperback ISBN:9 7 8 - 1 - 4 8 3 1 - 1 3 4 8 - 7
- eBook ISBN:9 7 8 - 1 - 4 8 3 1 - 4 5 9 0 - 7
Technological Dependence, Monopoly, and Growth presents the major difficulties of growth that the underdeveloped countries encounter after their initial steps towards industrial… Read more
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Request a sales quoteTechnological Dependence, Monopoly, and Growth presents the major difficulties of growth that the underdeveloped countries encounter after their initial steps towards industrial progress. This book discusses the problems of economic development in many underdeveloped countries. Comprised of five chapters, this book begins with an overview of the vast differences between the levels of income in the developed and the underdeveloped countries. This text then examines the limited alternatives of underdeveloped economies to the adoption of methods and scales of production that evolved in the advanced economies in adaptation to their large markets and factor proportions. Other chapters consider the complications introduced by the problems of foreign trade. This book discusses as well the kind and degree of government intervention that would result to the transformation of the fundamental characteristics of a capitalist system. The final chapter deals with the economic integration of underdeveloped countries. Economists will find this book useful.
Preface
Introduction
1. Underdevelopment, Market Size, and Technological Dependence
Development as a Political Goal
Poverty and Market Size
Technological Dependence and Scale of Production
Economies of Scale and Competitive Structure
Competition and the Choice of Technique
The Import-Dependence of Investment
2. Monopolistic Structures and Growth
Monopoly Theory and Growth
The Stability of Monopolistic Structures
Diversification: The Defense and Rationale of Monopolistic Rivalry
The Case of Diversification under Monopoly
The Case of Oligopoly
Investment in Selling Costs
Diversification in the Underdeveloped Economy
3. Growth in the Pseudo-Closed Economy: (I) The Case of Laissez-faire
The Initial Conditions
The Mechanism of Monopolistic Growth
4. Growth in the Pseudo-Closed Economy: (II) The Case of a Mixed-Enterprise System
The Limits to Government Intervention
Counter-cyclical Policies and Growth
Direct and Indirect Subsidies to the Rate of Profit
Government Procurement and Direct Investment in Commodity Production
5. Growth in the Open Economy: (III) The Foreign-Trade Escape from Stagnation
Exports as a Substitute for a Domestic Producers' Goods Sector
Gains from Trade and Comparative Advantage
Exports of Manufactured Goods
Economic Integration
Epilogue
Appendix Tables
Index
- No. of pages: 224
- Language: English
- Edition: 1
- Published: October 22, 2013
- Imprint: Pergamon
- Paperback ISBN: 9781483113487
- eBook ISBN: 9781483145907
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