This book presents the stylized facts on the important variables (output, inflation, money supply and interest rates, etc.) of the macro economy and uses them to differentiate how well particular economic theories perform or fail to do so. On the determination of aggregate demand, this book...

This book offers the representative macroeconometric models and their applications for the Japanese economy in different development stages throughout the postwar years up to the present. It presents a summary of three types of macroeconometric models and analyses:As many Asian economies are...

This book is unique in covering all important topics of the Chinese economy in depth but written in a language understandable to the layman and yet challenging to the expert. Beginning with entrepreneurship that propels the dynamic economic changes in China today, the book is organized into four...

Despite the significant progress it has achieved, China faces daunting challenges today. These challenges include a rigid political system, uneven economic growth, a graying population, environmental degradation, ethnic tensions, potential social instability, and a poor international image,...

This book will take the reader through a systematic examination of the factors involved in process innovation. It starts with the considerations to be initiated in the boardroom and at group management level and develops into a hands-on guide for middle management and professional engineers...

The book takes a fresh look at modern Japan, and does not treat the Japanese as enigmatic or mysterious people; their ways of thinking and their culture can be explained by an honest appraisal of their history and of the norms that have shaped this history. This book not only reveals the...

This book proposes the theory and practice of endogenous development that helps to analyze economic dynamics and works within a context of continuous economic, technological, and institutional transformations. This approach will help shape both our understanding and response in times of economic...

There has been a dramatic shift towards more open, democratised, forms of innovation that are driven by networks of individual users. Users are now visibly active within all stages of the innovation process and across many types of industrial output, and their influence is spreading across many...

Diffusion, or the widespread adoption of innovations, is a critical yet under-researched topic. There is a wide gap between development and successful adoption of an innovation. Therefore, a better understanding of why and how an innovation is adopted can help develop realistic management and...

This book provides readers with a comprehensive survey of models of dynamic games in economics, including an extensive coverage of numerous fields of applications. It will also discuss and explain main concepts and techniques used in dynamic games, and inform readers of its major developments...