Structural Economic Dynamics,New

Structural Economic Dynamics,New

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SKU: DADAX0521432820
UPC: 9780521432825
Brand: Cambridge University Press
Condition: New
$200.76
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In this theoretical investigation of the development through time of a pure labor economy, the author shifts the theory of longterm 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, knowhow, and the diffusion of information emerge as the decisive factors accounting for the success and failure of industrial societies.

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