Cycles, Growth and Structural Change
Title | Cycles, Growth and Structural Change PDF eBook |
Author | Lionello F Punzo |
Publisher | Routledge |
Total Pages | 415 |
Release | 2003-09-02 |
Genre | Business & Economics |
ISBN | 1134530005 |
This volume gathers together key new contributions on the subject of the relationship, both empirical and theoretical, between economic oscillations, growth and structural change. Employing a sophisticated level of mathematical modelling, the collection contains articles from, amongst others, William Baumol, Katsuhito Iwai and William Brock.
Structural change, fundamentals, and growth : a framework and case studies
Title | Structural change, fundamentals, and growth : a framework and case studies PDF eBook |
Author | McMillan, Margaret |
Publisher | Intl Food Policy Res Inst |
Total Pages | 328 |
Release | 2017-05-11 |
Genre | Political Science |
ISBN | 0896292142 |
Growth and Structural Transformation
Title | Growth and Structural Transformation PDF eBook |
Author | Kwang Suk Kim |
Publisher | BRILL |
Total Pages | 224 |
Release | 2020-03-17 |
Genre | History |
ISBN | 1684172195 |
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
Hysteresis and Business Cycles
Title | Hysteresis and Business Cycles PDF eBook |
Author | Ms.Valerie Cerra |
Publisher | International Monetary Fund |
Total Pages | 50 |
Release | 2020-05-29 |
Genre | Business & Economics |
ISBN | 1513536990 |
Traditionally, economic growth and business cycles have been treated independently. However, the dependence of GDP levels on its history of shocks, what economists refer to as “hysteresis,” argues for unifying the analysis of growth and cycles. In this paper, we review the recent empirical and theoretical literature that motivate this paradigm shift. The renewed interest in hysteresis has been sparked by the persistence of the Global Financial Crisis and fears of a slow recovery from the Covid-19 crisis. The findings of the recent literature have far-reaching conceptual and policy implications. In recessions, monetary and fiscal policies need to be more active to avoid the permanent scars of a downturn. And in good times, running a high-pressure economy could have permanent positive effects.
Profit Cycles, Oligopoly, and Regional Development
Title | Profit Cycles, Oligopoly, and Regional Development PDF eBook |
Author | Ann Markusen |
Publisher | |
Total Pages | 0 |
Release | 2008-07 |
Genre | |
ISBN | 9780262512206 |
This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. The dramatic shifts in heartland regional economies in the U.S. and other advanced industrial countries have thrown into question the ability of capitalist development to produce permanent growth, economic well being, and balanced regional development. This book develops a theory that radically reconceptualizes the economic forces producing regional change and tests it empirically for a set of fifteen sectors in the U.S. It offers a pioneering approach which should enable planners and managers to better cope with baffling changes in the current economic viability of regions. Traditional theories of regional development have failed to account for innovation and longrun structural change. They have ignored the role of corporate strategy and the existence of market power. Markusen's profit-cycle theory provides a key to understanding how, why, and when a region's leading industries undergo major changes. The theory is synthetic, building upon Schumpeterian and Marxist work on innovation and capitalist dynamics, upon the product cycle theories of business economists, and upon theories of oligopolistic behavior. Markusen argues that changing sources of profitability along an industry's evolutionary path will first concentrate and later disperse production geographically, setting in motion a methodically destabilizing process for regional economies. The profit-cycle theory is tested in depth against the steel sector's experience over a century, and against the experiences of sectors in different stages of development, ranging from innovative ones like semiconductors and computers, to mature and troubled sectors like automobiles, textiles, and lumber. The temporal and crosssectional data drawn from the census of manufactures support the theory and its spatial hypotheses. In a final chapter Markusen explores the implications of the research for regional development.
Structural Change and Development Policy
Title | Structural Change and Development Policy PDF eBook |
Author | Hollis Burnley Chenery |
Publisher | Oxford University Press, USA |
Total Pages | 558 |
Release | 1979 |
Genre | Comparative economics |
ISBN |
Development policy is concerned with long-term changes in production, investment, trade, employment, and income distribution. This book developes a set of techniques for analyzing these structural changes and applies them to some of the major problems of developing countries.
The Economics of Structural Change in Knowledge
Title | The Economics of Structural Change in Knowledge PDF eBook |
Author | Francesco Quatraro |
Publisher | Routledge |
Total Pages | 241 |
Release | 2012-03-29 |
Genre | Business & Economics |
ISBN | 1136338098 |
This book offers a theoretically novel way of approaching the knowledge economy, combining analysis of the works of Schumpeter and Kuznets and suggesting fresh conclusions. Francesco Quataro is an up and coming young scholar whose research with Cristiano Antonelli has been widely published in journals.