Structural Economic Dynamics

By Luigi L. Pasinetti

Book Overview

In this theoretical investigation of the development through time of a pure labor economy, the author shifts the theory of long-term economic development away from the traditional framework based on capital accumulation to new foundations based on learning and technical progress. He gives a detailed analysis of the structural dynamics of prices and production, and the necessary mobility of employment. Institutional and social learning, know-how, and the diffusion of information emerge as the decisive factors accounting for the success and failure of industrial societies.

• Format: Paperback
• Language: English
• ISBN: 0521029767
• ISBN13: 9780521029766
• Release Date: November 2006
• Publisher: Cambridge University Press
• Length: 208 Pages
• Weight: 0.69 lbs.
• Dimensions: 0.5" x 6.0" x 9.0"