ENGLISH

Structural Economic Dynamics

By Luigi Pasinetti

Book information

Publisher
Cambridge University Press
Year
1993
ISBN
9780511551444, 0521432820, 9780521029766, 0521029767, 0511551444, 9780521432825
LCC
HC79.T4 P37 1993
Open Library ID
OL1711457M
Language
english
Format
DJVU
Filesize
1 MB (1234055 bytes)
Pages
208\206
Topic
Economy
Time added
2011-04-28 18:43:47

Description

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.

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