Production and Economic Dynamics

• Introduction: production and economic dynamics; Part I. Decomposition of Economies and Structural Dynamics: 1. Traverse analysis in a neo-Austrian framework; 2. Vertical integration, the temporal structure of production processes, and transition between techniques; 3. Production and efficiency with global technologies; 4. Efficient traverses and bottlenecks: a structural approach; 5. Structural change and macroeconomic stability in disaggregated models; Part II. Production Organisation and Economic Dynamics: 6. The production process: description and analysis; 7. Agricultural forms of production organisation; 8. Forms of production organisation: the case of manufacturing processes; 9. Coordination of production processes, subsystem dynamics and structural change.

'This book is an interesting review and, at the same time, an attempt to give order to the subject of structural economic dynamics, a field of economic theory that is investigated in many different ways with a variety of alternative aims … the book shows that the work required to construct a unified model of structural change is still in progress, but of course the editors should not be blamed for this. On the contrary they are to be praised for having reduced the distances between important lines of research that at first sight may appear remote.' The Economic Journal