Pasinetti, Luigi
Structural Economic Dynamics
- ISBN 13:
- 9780521029766
- author:
- Pasinetti, Luigi
- format:
- Paperback
- publisher:
- Cambridge University Press
- language:
- English
- Publication Year:
- 2006
- Pages:
- 208
- Dimensions:
- 22.4 x 15 x 1.8 cm
- Genre:
- Business & Economics / Economics / Theory
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
This theoretical investigation explores how human learning influences the development of an 'ideal labour' economy over time. Luigi Pasinetti proposes a simple yet comprehensive framework to understand the essential features of industrial economies.
Building on existing knowledge, Pasinetti assigns central importance to technical progress in shaping long-term economic movements in industrial societies. He examines how structural dynamics of prices, production, and employment are influenced by factors such as productivity growth, demand expansion, and institutional problems.
The book highlights the crucial role of social learning, know-how, and knowledge diffusion in determining the success or failure of industrial societies within a multi-sector framework.