Structural dynamics and economic growth

ed. by Richard Arena and Pier Luigi Porta

"Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The mainstream neo-classical models of growth that have largely dominated modern growth theory are based around assumptions of diminishing returns on extra capital with technological innovation and appropriate institutions being seen as key to economic growth. An alternative model of economic growth emerged from the Cambridge school of Keynesian economists in the 1950s and 1960s. This model emphasizes the importance of demand and the dynamics of the growth of industrial systems. The scholar most associated with this approach to economic growth is Luigi Pasinetti whose book Structural Change and Economic Growth (Cambridge University Press, 1981) has been hugely influential to a generation of post-Keynesian economists. This collection evaluates the achievements of Pasinetti's structural dynamics, with contributions from both post-Keynesian economists, including Pasinetti, and from some distinguished and critical neo-classical economists, including Nobel laureate Robert Solow."

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Year of publication:	2012
Other Persons:	Arena, Richard (ed.) ; Porta, Pier Luigi (contributor)
Publisher:	Cambridge [u.a.] : Cambridge University Press
Subject:	Strukturwandel \| Structural change \| Wachstumstheorie \| Growth theory \| Grenznutzentheorie \| Marginalism \| Theorie \| Theory \| Wirtschaftswachstum
Description of contents:	Table of Contents [gbv.de] ; Description [assets.cambridge.org]
Published items:	12 hits in ECONIS - Online Catalogue of the ZBW

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Extent:	XII, 296 S. graph. Darst.
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Aufsatzsammlung ; Sammelwerk ; Collection of articles of several authors
Language:	English
Notes:	Enth. 11 Beitr. Hier auch später erschienene, unveränderte Nachdrucke Machine generated contents note: List of figures; List of tables; List of contributors; Introduction: structural economic dynamics and contemporary growth theory Richard Arena and Pier Luigi Porta; Part I. Structural Dynamics: Past and Present: 1. Structural change: some historical aspects with special reference to classical economics Peter Groenewegen; 2. Structural dynamics in an historical perspective Mario Pomini; 3. Two approaches to the study of structural change and economic development: Kuznets and Pasinetti Moshe Syrquin; 4. Analyzing knowledge flows by means of vertical integration Önder Nomaler and Bart Verspagen; 5. Growth: towards a structural endogenous macro-model William J. Baumol; Part II. Structural Dynamics: The Cambridge Keynesian Perspective: 6. Luigi Pasinetti: the senior living heir of the Cambridge school of economics and the last of the great system-builders Geoffrey Harcourt; 7. Toward a synthesis in post-Keynesian economics in Luigi Pasinetti's contribution Heinrich Bortis; 8. Growth theory, structural dynamics and the analysis of consumption Davide Gualerzi; 9. Luigi Pasinetti's structural economic dynamics and the employment consequences of new technologies Harald Hagemann; 10. The concept of 'natural economic system': a tool for structural analysis and an instrument for policy design Roberto Scazzieri; 11. Structural change and invariable standards Takashi Yagi; Part III. Epilogue: Structural dynamics as part of the 'unfinished revolution': on Pasinetti and the unfinished Keynesian revolution Robert M. Solow; First afterword: Pasinetti on structural dynamics Robert M. Solow; Growth and structural change: perspectives for the future Luigi L. Pasinetti; Second afterword: the significance of structural economic dynamics Luigi L. Pasinetti; Index.
ISBN:	1-316-50389-5 ; 978-1-316-50389-8 ; 978-1-107-01596-8 ; 1-107-01596-0
Classification:	Makroökonomie ; Wirtschaftswachstum
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009533721