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Author: Lars Weber Publisher: Springer Science & Business Media ISBN: 3790825905 Category : Political Science Languages : en Pages : 349
Book Description
In this book the author investigates the impact of demographic change on economic growth. As a result of the current financial crisis, a new view on economics has been demanded by various scientists. The author provides such a new view on economic growth, using a methodology of system dynamics. By applying this method, the author focuses on characteristics of complex systems and analyzes aging and shrinking processes, and not only positive growth. Delays and feedback processes are also considered. This leads to deeper and revealing insights into economic behavior. In doing so, a new semi-endogenous growth model is developed by introducing a specific and detailed population sector (demographic growth model). The book shows and analyzes the behavior of such a model and tests several policy scenarios in a transfer chapter to apply the new theoretical approach on real world problems. The major results are summarized in 15 principles of demographic growth.
Author: Lars Weber Publisher: Springer Science & Business Media ISBN: 3790825905 Category : Political Science Languages : en Pages : 349
Book Description
In this book the author investigates the impact of demographic change on economic growth. As a result of the current financial crisis, a new view on economics has been demanded by various scientists. The author provides such a new view on economic growth, using a methodology of system dynamics. By applying this method, the author focuses on characteristics of complex systems and analyzes aging and shrinking processes, and not only positive growth. Delays and feedback processes are also considered. This leads to deeper and revealing insights into economic behavior. In doing so, a new semi-endogenous growth model is developed by introducing a specific and detailed population sector (demographic growth model). The book shows and analyzes the behavior of such a model and tests several policy scenarios in a transfer chapter to apply the new theoretical approach on real world problems. The major results are summarized in 15 principles of demographic growth.
Author: Takatoshi Ito Publisher: University of Chicago Press ISBN: 0226386880 Category : Business & Economics Languages : en Pages : 403
Book Description
Recent studies show that almost all industrial countries have experienced dramatic decreases in both fertility and mortality rates. This situation has led to aging societies with economies that suffer from both a decline in the working population and a rise in fiscal deficits linked to increased government spending. East Asia exemplifies these trends, and this volume offers an in-depth look at how long-term demographic transitions have taken shape there and how they have affected the economy in the region. The Economic Consequences of Demographic Change in East Asia assembles a group of experts to explore such topics as comparative demographic change, population aging, the rising cost of health care, and specific policy concerns in individual countries. The volume provides an overview of economic growth in East Asia as well as more specific studies on Japan, Korea, China, and Hong Kong. Offering important insights into the causes and consequences of this transition, this book will benefit students, researchers, and policy makers focused on East Asia as well as anyone concerned with similar trends elsewhere in the world.
Author: Cristiano Antonelli Publisher: Edward Elgar Publishing ISBN: 178254514X Category : Business & Economics Languages : en Pages : 304
Book Description
This ground-breaking new book builds upon the Schumpeterian creative response. The author shows that firms, in out-of-equilibrium conditions, try and react by means of introducing innovations. The success of their reaction is contingent upon their access conditions to knowledge, which are shaped by the system in which they operate. The emergence of new innovations can, in turn, knock firms further out-of-equilibrium and cause changes in the system properties that govern their access to external knowledge. This path dependent loop of interactions between the system properties and the individual actions of firms, accounts for endogenous innovation and the dynamics of the system.
Author: Ms.Era Dabla-Norris Publisher: International Monetary Fund ISBN: 1513547437 Category : Business & Economics Languages : en Pages : 39
Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
Author: International Monetary Fund Publisher: International Monetary Fund ISBN: 1498344658 Category : Business & Economics Languages : en Pages : 257
Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author: Zhenhua Chen Publisher: Springer Nature ISBN: 9811514356 Category : Business & Economics Languages : en Pages : 568
Book Description
This book examines major policy and planning issues in development studies from the regional science perspective. It investigates questions such as: “How are communities able to deal with uncertainties raised by conflicts, technology, and external shocks in the process of development?”; “How can nations achieve sustainable development in terms of resource allocation and management?”; and “How can developing countries improve their economic competitiveness while maintaining the objectives of equitable and coordinated growth among different regions?” using case studies that focus on different subfields, like infrastructure, environment, data science, sustainability and resilience. The book is organized in three parts. Part I clarifies fundamental issues regarding development studies and regional science in general, while Part II includes several case studies that address development-related opportunities and challenges with a focus on Asian countries. Lastly, Part III offers a global perspective and explores development experiences from countries throughout the world. Featuring contributions by leading academics and practitioners working at various organizations linked to international development, and including multidisciplinary analyses, the book appeals to students who are interested in development studies and regional science. It also offers planners and policymakers fresh insights into regional economic development.
Author: Benjamin Higgins Publisher: Routledge ISBN: 1351594508 Category : Business & Economics Languages : en Pages : 428
Book Description
Originally published in 1988. Leading international researchers in regional economic development have contributed an integrated set of chapters reviewing the whole field and taking stock of current thinking. The book is in honour of François Perroux, the father of regional development theory, whose contributions to two important concepts in economics – time and space – have been substantial. The book comprises five parts. Part one covers Perroux's work in general and on growth poles in particular. Part two deals with 'the politics of place', population and regional development, techniques for regional policy analysis and a neoclassical approach to regional economics. In part three the Canadian scene is reviewed at national and regional levels. In part four chapters on urban development, small and medium-size cities, and capital grants deal with the experiences of other countries. Part five concludes the book with a chapter on growth poles, optimal size of cities, and regional disparities and government intervention.
Author: Robert J. Barro Publisher: MIT Press ISBN: 9780262025539 Category : Business & Economics Languages : en Pages : 676
Book Description
The long-awaited second edition of an important textbook on economic growth—a major revision incorporating the most recent work on the subject. This graduate level text on economic growth surveys neoclassical and more recent growth theories, stressing their empirical implications and the relation of theory to data and evidence. The authors have undertaken a major revision for the long-awaited second edition of this widely used text, the first modern textbook devoted to growth theory. The book has been expanded in many areas and incorporates the latest research. After an introductory discussion of economic growth, the book examines neoclassical growth theories, from Solow-Swan in the 1950s and Cass-Koopmans in the 1960s to more recent refinements; this is followed by a discussion of extensions to the model, with expanded treatment in this edition of heterogenity of households. The book then turns to endogenous growth theory, discussing, among other topics, models of endogenous technological progress (with an expanded discussion in this edition of the role of outside competition in the growth process), technological diffusion, and an endogenous determination of labor supply and population. The authors then explain the essentials of growth accounting and apply this framework to endogenous growth models. The final chapters cover empirical analysis of regions and empirical evidence on economic growth for a broad panel of countries from 1960 to 2000. The updated treatment of cross-country growth regressions for this edition uses the new Summers-Heston data set on world income distribution compiled through 2000.
Author: Lars Weber
Author: Lars Weber
Author: Denys Nizalov
Author: Takatoshi Ito
Author: Christopher Ray
Author: Cristiano Antonelli
Author: Ms.Era Dabla-Norris
Author: International Monetary Fund
Author: Zhenhua Chen
Author: Benjamin Higgins
Author: Robert J. Barro