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About Structural Economic Dynamics
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.
Detailed Information
| Author: | Luigi Pasinetti |
|---|---|
| Publication Year: | 1993 |
| ISBN: | 9780521432825 |
| Pages: | 206 |
| Language: | English |
| File Size: | 4.31 |
| Format: | |
| Price: | FREE |
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