Pasinetti, Luigi

Structural Economic Dynamics

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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
£44.90

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.

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