Key Features:Comprises a comprehensive volume of 26 papers, ranging from top journal articles to hard-to-get papersShows the interrelationship between economic theory and modeling of national economiesPuts a handle on seemingly slippery issues such as competitiveness and performance.

This ten Raa, author of the acclaimed text The Economics of Input–Output Analysis, now takes the reader to the forefront of the field. This volume collects and unifies his and his co-authors' research papers on national accounting, Input–Output coefficients, economic theory, dynamic models,...

The standard measure of productivity growth is the Solow residual. Its evaluation requires data on factor input shares or prices. Since these prices are presumed to match factor productivities, the standard procedure amounts to accepting at face value what is supposed to be measured. In this...

Neoclassical economists argue that competition promotes efficiency. They consider technology as given though. In the long run, technological progress is an important determinant of the level of welfare and Schumpeter argued that monopoly rents help entrepreneurs to capture the gains of R&D and,...