The Divergent Dynamics of Economic Growth

Studies in Adaptive Economizing, Technological Change, and Economic Development

Inbunden, Engelska, 2003

AvRichard H. Day

1 749 kr

Beställningsvara. Skickas inom 7-10 vardagar. Fri frakt för medlemmar vid köp för minst 249 kr.

Finns i fler format (1)

Häftad

639 kr

Skickas inom 7-10 vardagar

This book explains how changing technology and economizing behaviour induce vast changes in productivity, resource allocation, labour utilization, and patterns of living. Economic growth is seen as a process by which businesses, regimes, countries, and the whole world pass through distinct epochs, each one emerging from its predecessor, each one creating the conditions for its successor. Viewed from a long-run perspective, growth must be characterized as an explosive process, marked by turbulent transitions in social and political life as societies adapt to new opportunities, the demise of old ways of living, and to the vast increase and redistribution of human populations. The book is based on a synthesis of classical economics and contemporary concepts of adaptation and economic evolution. Although it is based on analytical methods, the text has been stripped of all equations and with few exceptions is devoid of technical jargon.

Produktinformation

Utgivningsdatum2003-11-13
Mått160 x 236 x 21 mm
Vikt550 g
FormatInbunden
SpråkEngelska
Antal sidor256
FörlagCambridge University Press
ISBN9780521830195

Tillhör följande kategorier

Preface; Acknowledgments and comments; 1. The adaptive, evolutionary theory of divergent economic growth; Part I. Global Trends and Adaptive Economics: 2. Global trends, world models and human adaptation; 3. Adaptive economic theory and modeling; Part II. Technological Change in Agriculture and Industry: 4. The economics of technological change and the demise of the sharecropper; 5. Economic development as an adaptive process: a green revolution case study Richard H. Day and Inderjit Singh; 6. Industrial development and technological change Richard H. Day, Masatoshi Abe, Jon Nelson, William K. Tabb and Che Tsao; 7. An adaptive economizing analysis of Chinese enterprises under alternative reform regimes Richard H. Day, Zhigang Wang and Gang Zou; Part III. Epochal Development: 8. Economic development and migration Richard H. Day and Yiu-Kwan Fan; 9. Instability in the transition from manorialism: a classical analysis; 10. Do economies diverge? Economic development in the very long run Richard H. Day and Oleg Pavlov; Part IV. Toward a General Theory of Development: 11. Economics far from equilibrium; 12. The dialectical republic: toward a general theory of the coevolution of market and state; Index.

'This new book by Richard Day is a very impressive compilation of research records, spanning a period of forty years or so, by him, his former students, and his research associates. The book shows how he has relentlessly explored economies far from equilibria, and to quote from one of his sentences by 'going against the prevailing disciplinary trends of over-reliance on the concept of equilibrium'. In the book, he emphasizes his conviction that economic optimizing and equilibrium analysis by themselves provide an inadequate mental image of the real world. I am in total agreement with him when he focuses on evolving markets, punctuate equilibria, and endogenously generated structural changes.' Masanao Aoki, UCLA