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This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390070
This paper provides an introduction to the field of evolutionary economics with emphasis on the evolutionary theory of household behavior. It shows that the goal of evolutionary economics is to improve upon neoclassical economics by incorporating more realistic and empirically grounded...
Persistent link: https://www.econbiz.de/10010390395
The fundamental problem in the field of technology studies is how technology evolves and sustains economic change in … technology in human societies. Technological host-parasites coevolution is a mutual symbiotic relationship between a host … technology and associated technologies directed to satisfy needs and/or to solve problems of human beings. To explore the …
Persistent link: https://www.econbiz.de/10014032744
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Account) are used. Second, the underlying drivers of profitability, in terms of technology and distribution, are investigated …
Persistent link: https://www.econbiz.de/10009381706
This paper analyses the equilibrium dynamics of exploitation and class in general accumulation economies with population growth, technical change, and bargaining by adopting a novel computational approach. First, the determinants of the emergence and persistence of exploitation and class are...
Persistent link: https://www.econbiz.de/10010466793
Using aggregate data from the Annual Survey of Industries, we analyze profitability in India's organized manufacturing sector from 1982-83 to 2012-13. Over the whole period of analysis, the rate of profit grew at about 1 percent per annum, primarily driven by a rising share of profits. We use...
Persistent link: https://www.econbiz.de/10010501245
This paper provides a further empirical evaluation of the Neoclassical theory of distribution as opposed to Marx-biased technical change (MBTC) by applying the theoretical and empirical framework developed by Foley and Michl (1999), Michl (1999, 2009) and Basu (2010) to a panel of countries....
Persistent link: https://www.econbiz.de/10012899030