Structural Economic Dynamics (Hardcover) (ISBN-13: 9780521432825)

In this theoretical investigation of the development through time of a pure labor economy, the author shifts the theory of long-term economic development away from the traditional framework based on capital accumulation to new foundations based on learning and technical progress. He gives a detailed analysis of the structural dynamics of prices and production, and the necessary mobility of employment. Institutional and social learning, know-how, and the diffusion of information emerge as the decisive factors accounting for the success and failure of industrial societies.

Author: Luigi L. Pasinetti,Luigi Pasinetti
ISBN-10: 0521432820
ISBN-13: 9780521432825
Publisher: Cambridge University Press
Language: English
Published: 02/26/1993
Pages: 208
Format: Hardcover
Weight: 1.09lbs
Size: 9.34h x 6.34w x 0.91d