Our systems are now restored following recent technical disruption, and we’re working hard to catch up on publishing. We apologise for the inconvenience caused. Find out more

Item added to bagSorry, there was a problem getting your bag informationItem cannot be purchased with the existing contents of your bagItem unavailable online
✕

was added to your bag.

Please try again.

Sorry, this item cannot be purchased in the same transaction as the existing items in your bag.

Please complete the purchase of the items currently in your bag and then add this item in a separate transaction or visit Shopping Help.

Sorry, this product is not currently available to buy online. Please visit Shopping Help.

View bag and checkout
Remove item
✕

Are you sure you want to remove from your bag?

Recommended product

Popular links

Popular links

Structural Dynamics and Economic Growth

All titles
Structural Dynamics and Economic Growth

Structural Dynamics and Economic Growth

Richard Arena, Université de Nice, Sophia Antipolis
Pier Luigi Porta, Università degli Studi di Milano-Bicocca
January 2016
Available
Paperback
9781316503898
    Description

    Ever since Adam Smith, economists have been preoccupied with the puzzle of economic growth. The standard mainstream models of economic growth were and often still are based either on assumptions of diminishing returns on capital with technological innovation or on endogenous dynamics combined with a corresponding technological and institutional setting. An alternative model of economic growth emerged from the Cambridge School of Keynesian economists in the 1950s and 1960s. This model - developed mainly by Luigi Pasinetti - emphasizes the importance of demand, human learning and the growth dynamics of industrial systems. Finally, in the past decade, new mainstream models have emerged incorporating technology or demand-based structural change and extending the notion of balanced growth. This collection of essays reassesses Pasinetti's theory of structural dynamics in the context of these recent developments, with contributions from economists writing in both the mainstream and the Cambridge Keynesian traditions and including Luigi Pasinetti, William Baumol, Geoffrey Harcourt and Nobel laureate Robert Solow.

    • Proposes and evaluates a post-Keynesian alternative to the dominant neo-classical models of economic growth
    • Focuses on structural dynamics and responds to the need for bringing together related strands on learning and innovation as the sources of structural change
    • Explores different paradigms of economic dynamics and discusses their respective historical roots

    Product details

    January 2016
    Paperback
    9781316503898
    310 pages
    228 × 152 × 17 mm
    0.46kg
    8 b/w illus. 2 tables
    Available

    Often bought together

    Post Keynesian Price Theory
    Post Keynesian Price Theory

    : Paperback

    Post Keynesian Price Theory
    Post Keynesian Price Theory

    : Hardback

    Often bought together

    This title is available for institutional purchase via Cambridge Core

    Learn more
    cambridge core banner

    Related Journals

    Economics and Philosophy
    Economics and Philosophy

    : Journal

    The disciplines of economics and philosophy each possess their own special analytical methods, the combination of which is powerful and fruitful. Economics and Philosophy seeks to promote the mutual enrichment of the two disciplines by publishing high-quality original research in all contemporary areas linking them, as well as relevant book reviews. Economics and Philosophy only publishes articles that engage with issues that are of interest to both economists and philosophers.Topics include, but are not limited to, the foundations of rational or behavioral decision theory and game theory, the nature of rationality in general, issues at the intersection of economics with moral, political, and social philosophy, experimental research on economics and philosophy, and the philosophy and methodology of economics. Articles that employ mathematics must be written in such a way that they are accessible to readers with limited formal training. Economics and Philosophy does not publish historical or text-interpretive work unless it makes a contribution to current debates about economics and philosophy.

    Environment and Development Economics
    Environment and Development Economics

    : Journal

    Environment and Development Economics is positioned at the intersection of environmental, resource and development economics. The Editor and Associate Editors, supported by a distinguished panel of advisors from around the world, aim to encourage submissions from researchers in the field in both developed and developing countries. The Journal is divided into two main sections, Theory and Applications, which includes regular academic papers and Policy Options, which includes papers that may be of interest to the wider policy community. Environment and Development Economics also publishes occasional Policy Fora (discussions based on a focal paper). Recent special issues have included ‘China’s Environmental Policy’, edited by Jintao Xu and Peter Berck, and ‘Climate Change Mitigation and Adaptation in Developing and Transition Countries’, edited by Johanna Choumert, Pascale Combes Motel and Katrin Millock.This journal has now moved over to electronic submission, using the Scholar One system. Click HERE to go to the submission website. Guidance on how to upload your manuscript is available on the site by clicking "Instructions and Forms" and then "Author Instructions".

    Journal of the History of Economic Thought
    Journal of the History of Economic Thought

    : Journal

    The mission of JHET is to further the objectives of the History of Economics Society. These are to promote interest in and inquiry into the history of economics and related parts of intellectual history, facilitate communication and discourse among scholars working in the field of the history of economics, and disseminate knowledge about the history of economics. JHET therefore encourages and makes available research in the fields of history of economic thought and the history of economic methodology. The work of many distinguished authors has been published in its pages. It is recognised as being a first class international scholarly publication. All articles are fully peer reviewed. The journal also features a regular book review section which includes reviews by leading specialists. Membership in the The History of Economics Society includes a subscription to the journal. The Five-year Impact Factor for JHET is 0.405

    Behavioural Public Policy
    Behavioural Public Policy

    : Journal

    Behavioural Public Policy is an interdisciplinary and international peer-reviewed journal devoted to behavioural research and its relevance to public policy. The study of human behaviour is important within many disciplinary specialties and in recent years the findings from this field have begun to be applied to policy concerns in a substantive and sustained way. BPP seeks to be multidisciplinary and therefore welcomes articles from economists, psychologists, philosophers, anthropologists, sociologists, political scientists, primatologists, evolutionary biologists, legal scholars and others, so long as their work relates the study of human behaviour directly to a policy concern. BPP focuses on high-quality research which has international relevance and which is framed such that the arguments are accessible to a multidisciplinary audience of academics and policy makers.

    Related Journals

    Also by this Author

    Contents

    Table of Contents

    • List of figures
    • List of tables
    • List of contributors
    • Introduction: structural economic dynamics and contemporary growth theory Richard Arena and Pier Luigi Porta
    • Part I. Structural Dynamics: Past and Present:
    • 1. Structural change: some historical aspects with special reference to classical economics Peter Groenewegen
    • 2. Structural dynamics in an historical perspective Mario Pomini
    • 3. Two approaches to the study of structural change and economic development: Kuznets and Pasinetti Moshe Syrquin
    • 4. Analyzing knowledge flows by means of vertical integration Önder Nomaler and Bart Verspagen
    • 5. Growth: towards a structural endogenous macro-model William J. Baumol
    • Part II. Structural Dynamics: The Cambridge Keynesian Perspective:
    • 6. Luigi Pasinetti: the senior living heir of the Cambridge school of economics and the last of the great system-builders Geoffrey Harcourt
    • 7. Toward a synthesis in post-Keynesian economics in Luigi Pasinetti's contribution Heinrich Bortis
    • 8. Growth theory, structural dynamics and the analysis of consumption Davide Gualerzi
    • 9. Luigi Pasinetti's structural economic dynamics and the employment consequences of new technologies Harald Hagemann
    • 10. The concept of 'natural economic system': a tool for structural analysis and an instrument for policy design Roberto Scazzieri
    • 11. Structural change and invariable standards Takashi Yagi
    • Part III. Epilogue: Structural dynamics as part of the 'unfinished revolution': on Pasinetti and the unfinished Keynesian revolution Robert M. Solow
    • First afterword: Pasinetti on structural dynamics Robert M. Solow
    • Growth and structural change: perspectives for the future Luigi L. Pasinetti
    • Second afterword: the significance of structural economic dynamics Luigi L. Pasinetti
    • Index.
      • Show more
    Courses
    Resources
    Additional Information
    About the authors
      Contributors

    • Richard Arena, Pier Luigi Porta, Peter Groenewegen, Mario Pomini, Moshe Syrquin, Önder Nomaler, Bart Verspagen, William J. Baumol, Geoffrey Harcourt, Heinrich Bortis, Davide Gualerzi, Harald Hagemann, Roberto Scazzieri, Takashi Yagi, Robert M. Solow, Luigi L. Pasinetti

      • Editors
    • Richard Arena , Université de Nice, Sophia Antipolis

      Richard Arena is Professor of Economics at the University of Nice-Sophia Antipolis, France, where he is Director of the Institute of Human and Social Sciences. He is also the managing editor of the Revue d'Economie Industrielle.

    • Pier Luigi Porta , Università degli Studi di Milano-Bicocca

      Pier Luigi Porta is Professor of Economics at the University of Milano-Bicocca, Italy, and a visiting fellow of Wolfson College, Cambridge.

    Browse by related subject

     
    ✕

    Sorry, this item cannot be purchased in the same transaction as the existing items in your cart.

    Please complete the purchase of the items currently in your cart and then add this item in a separate transaction or contact

    Customer Services