Author: Piyabha P. Kongsamut
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
One of the most striking regularities of the growth process is the massive reallocation of labor from agriculture into industry and services. Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts about economic growth. These models are, however, inconsistent with the structural change dynamics that are a central feature of economic development. This paper discusses models with generalized balanced growth paths. These paths retain some of the key features of balanced growth but are consistent with the observed labor reallocations dynamics.
Beyond Balanced Growth. Economic Development; Industrialization
Author: Piyabha P. Kongsamut
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
One of the most striking regularities of the growth process is the massive reallocation of labor from agriculture into industry and services. Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts about economic growth. These models are, however, inconsistent with the structural change dynamics that are a central feature of economic development. This paper discusses models with generalized balanced growth paths. These paths retain some of the key features of balanced growth but are consistent with the observed labor reallocations dynamics.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
One of the most striking regularities of the growth process is the massive reallocation of labor from agriculture into industry and services. Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts about economic growth. These models are, however, inconsistent with the structural change dynamics that are a central feature of economic development. This paper discusses models with generalized balanced growth paths. These paths retain some of the key features of balanced growth but are consistent with the observed labor reallocations dynamics.
Beyond Balanced Growth
Author: Ms.Piyabha Kongsamut
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451850758
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts regarding economic growth. These models, however, are inconsistent with one of the most striking regularities of the growth process—the massive reallocation of labor from agriculture into manufacturing and services. This paper presents a simple model consistent with both the Kaldor facts and the dynamics of sectoral labor reallocation. The model shows that balanced growth can be consistent with structural change.
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451850758
Category : Business & Economics
Languages : en
Pages : 0
Book Description
Balanced growth models are commonly used in macroeconomics because they are consistent with the well-known Kaldor facts regarding economic growth. These models, however, are inconsistent with one of the most striking regularities of the growth process—the massive reallocation of labor from agriculture into manufacturing and services. This paper presents a simple model consistent with both the Kaldor facts and the dynamics of sectoral labor reallocation. The model shows that balanced growth can be consistent with structural change.
Growth and Structural Transformation
Author: Kwang Suk Kim
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224
Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
Publisher: BRILL
ISBN: 1684172195
Category : History
Languages : en
Pages : 224
Book Description
This study provides a comprehensive overview of Korea’s macroeconomic growth and structural change since World War II, and traces some of the roots of development to the colonial period. The authors explore in detail colonial development, changing national income patterns, relative price shifts, sources of aggregate growth, and sources of sectoral structural change, comparing them with other countries.
The Concept of Balanced Growth in Economic Development Theory and Practice
Author: Hans Wolfgang Singer
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 0
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 0
Book Description
The Limits to Growth
Author: Donella H. Meadows
Publisher: Universe Pub
ISBN: 9780876632222
Category : Economic development.
Languages : en
Pages : 0
Book Description
Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs
Publisher: Universe Pub
ISBN: 9780876632222
Category : Economic development.
Languages : en
Pages : 0
Book Description
Examines the factors which limit human economic and population growth and outlines the steps necessary for achieving a balance between population and production. Bibliogs
The Strategy of Economic Development. (Third Printing.).
Beyond Growth
Author: Herman E. Daly
Publisher: Beacon Press
ISBN: 9780807047095
Category : Business & Economics
Languages : en
Pages : 268
Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
Publisher: Beacon Press
ISBN: 9780807047095
Category : Business & Economics
Languages : en
Pages : 268
Book Description
"Daly is turning economics inside out by putting the earth and its diminishing natural resources at the center of the field . . . a kind of reverse Copernican revolution in economics." --Utne Reader "Considered by most to be the dean of ecological economics, Herman E. Daly elegantly topples many shibboleths in Beyond Growth. Daly challenges the conventional notion that growth is always good, and he bucks environmentalist orthodoxy, arguing that the current focus on 'sustainable development' is misguided and that the phrase itself has become meaningless." --Mother Jones "In Beyond Growth, . . . [Daly] derides the concept of 'sustainable growth' as an oxymoron. . . . Calling Mr. Daly 'an unsung hero,' Robert Goodland, the World Bank's top environmental adviser, says, 'He has been a voice crying in the wilderness.'" --G. Pascal Zachary, The Wall Street Journal "A new book by that most far-seeing and heretical of economists, Herman Daly. For 25 years now, Daly has been thinking through a new economics that accounts for the wealth of nature, the value of community and the necessity for morality." --Donella H. Meadows, Los Angeles Times "For clarity of vision and ecological wisdom Herman Daly has no peer among contemporary economists. . . . Beyond Growth is essential reading." --David W. Orr, Oberlin College "There is no more basic ethical question than the one Herman Daly is asking." --Hal Kahn, The San Jose Mercury News "Daly's critiques of economic orthodoxy . . . deliver a powerful and much-needed jolt to conventional thinking." --Karen Pennar, Business Week Named one of a hundred "visionaries who could change your life" by the Utne Reader,Herman Daly is the recipient of many awards, including a Grawemeyer Award, the Heineken Prize for environmental science, and the "Alternative Nobel Prize," the Right Livelihood Award. He is professor at the University of Maryland's School of Public Affairs, and coauthor with John Cobb, Jr., of For the Common Good.
Long-run Implications of Investment-specific Technological Change
Author: Jeremy Greenwood
Publisher: London, Ont. : Department of Economics, University of Western Ontario
ISBN:
Category : Capital investments
Languages : en
Pages : 48
Book Description
Publisher: London, Ont. : Department of Economics, University of Western Ontario
ISBN:
Category : Capital investments
Languages : en
Pages : 48
Book Description
Beyond Economic Growth
Author: Tatyana P. Soubbotina
Publisher: World Bank Publications
ISBN: 9780821348536
Category : Business & Economics
Languages : en
Pages : 176
Book Description
The book, which draws on data published by the World Bank, is addressed to teachers, students, and all those interested in exploring issues of global development.
Publisher: World Bank Publications
ISBN: 9780821348536
Category : Business & Economics
Languages : en
Pages : 176
Book Description
The book, which draws on data published by the World Bank, is addressed to teachers, students, and all those interested in exploring issues of global development.
Transforming Economies
Author: José Manuel Salazar-Xirinachs
Publisher:
ISBN: 9789221285663
Category : Developed countries
Languages : en
Pages : 400
Book Description
This book helps connect the dots between economic theory, the role of capabilities, the lessons from history and the practical challenges of design and implementation of industrial policies. In so doing it provides an excellent policy roadmap for anyone interested in the challenge of promoting catch-up growth and productive transformation.
Publisher:
ISBN: 9789221285663
Category : Developed countries
Languages : en
Pages : 400
Book Description
This book helps connect the dots between economic theory, the role of capabilities, the lessons from history and the practical challenges of design and implementation of industrial policies. In so doing it provides an excellent policy roadmap for anyone interested in the challenge of promoting catch-up growth and productive transformation.