Economic Theory - General & Miscellaneous, Technological Innovations & Transferance, Employees - Attitudes & Productivity, Economic & Industrial Aspects of Technology, Social Aspects of Technology, Organizational Behavior - General & Miscellaneous, Econom
Structural Economic Dynamics
Luigi L. Pasinetti
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Overview
This book is a theoretical investigation of the influence of human learning on the development through time of a 'pure labour' economy. The theory proposed is a simple one; but aims to grasp the essential features of all industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress, though attention has been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production and employment (implied by differentiated rates of productivity growth and expansion of demand) against a background of 'natural' relations. He also considers a number of institutional problems. 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.Book Details
Published
November 1, 2006
Publisher
Cambridge University Press
Pages
208
Format
Paperback
ISBN
9780521029766