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Understanding and Interpreting Economic Structure

Understanding and Interpreting Economic Structure PDF Author: Geoffrey J.D. Hewings
Publisher: Springer Science & Business Media
ISBN: 3662039478
Category : Business & Economics
Languages : en
Pages : 372

Book Description
In 1976, volume 116 of the Lecture Notes in Economics and Mathematical Systems appeared in the library of the University of Illinois. The title of the book, Input-Output Analysis and the Structure of Income Distribution was sufficiently intriguing to one of the present editors (Hewings) to command attention. Some years later, during the First World Congress of the Regional Science Association in Cambridge Massachusetts in 1980, Madden and Batey presented some of their work using their now familiar demographic-economic modeling system. Discussion ensued about the relationship between this system, Miyazawa's formulation and the social accounting matrices most closely associated with the work of Stone. During a year's residence at the University of Illinois, Batey was able to produce a valuable typology of multipliers that began the process of integrating these several modeling systems into a coherent package. Thereafter, a number of regional scientists have exploited the ideas and insights proposed by Miyazawa, especially the notion of the interrelational income multiplier and the ideas of internal and external multipliers.

Understanding and Interpreting Economic Structure

Understanding and Interpreting Economic Structure PDF Author: Geoffrey J.D. Hewings
Publisher: Springer Science & Business Media
ISBN: 3662039478
Category : Business & Economics
Languages : en
Pages : 372

Book Description
In 1976, volume 116 of the Lecture Notes in Economics and Mathematical Systems appeared in the library of the University of Illinois. The title of the book, Input-Output Analysis and the Structure of Income Distribution was sufficiently intriguing to one of the present editors (Hewings) to command attention. Some years later, during the First World Congress of the Regional Science Association in Cambridge Massachusetts in 1980, Madden and Batey presented some of their work using their now familiar demographic-economic modeling system. Discussion ensued about the relationship between this system, Miyazawa's formulation and the social accounting matrices most closely associated with the work of Stone. During a year's residence at the University of Illinois, Batey was able to produce a valuable typology of multipliers that began the process of integrating these several modeling systems into a coherent package. Thereafter, a number of regional scientists have exploited the ideas and insights proposed by Miyazawa, especially the notion of the interrelational income multiplier and the ideas of internal and external multipliers.

Understanding and Interpreting Economic Structure

Understanding and Interpreting Economic Structure PDF Author: Geoffrey Hewings
Publisher: Springer Science & Business Media
ISBN: 9783540660453
Category : Business & Economics
Languages : en
Pages : 402

Book Description
This book explores new approaches to the measurement and interpretation of the linkages between economic activity flows and income flows in urban and regional economies and new ways to explore the importance of regional economic structure in development. The book combines theoretical contributions, chapters that focus on the construction and interpretation of new social accounting systems and a variety of empirical applications. These applications encompass community-level income distribution impacts, assessments of income distribution problems in Brazil, interregional impacts of unexpected events in Japan, welfare reform in the US and structural change in Chinese metropolitan economies. One of the special features of the book is the use and application of a wide variety of models - demo-economic, social accounting, interregional computable general equilibrium - employed at a variety of spatial scales.

Interpreting Economic and Social Data

Interpreting Economic and Social Data PDF Author: Othmar W. Winkler
Publisher: Springer Science & Business Media
ISBN: 3540687211
Category : Business & Economics
Languages : en
Pages : 272

Book Description
"Interpreting Economic and Social Data" aims at rehabilitating the descriptive function of socio-economic statistics, bridging the gap between today's statistical theory on one hand, and econometric and mathematical models of society on the other. It does this by offering a deeper understanding of data and methods with surprising insights, the result of the author's six decades of teaching, consulting and involvement in statistical surveys. The author challenges many preconceptions about aggregation, time series, index numbers, frequency distributions, regression analysis and probability, nudging statistical theory in a different direction. "Interpreting Economic and Social Data" also links statistics with other quantitative fields like accounting and geography. This book is aimed at students and professors in business, economics demographic and social science courses, and in general, at users of socio-economic data, requiring only an acquaintance with elementary statistical theory.

Economics Rules

Economics Rules PDF Author: Dani Rodrik
Publisher: Oxford University Press, USA
ISBN: 0198736894
Category : Business & Economics
Languages : en
Pages : 268

Book Description
A leading economist trains a lens on his own discipline to uncover when it fails and when it works.

The Atlas of Economic Complexity

The Atlas of Economic Complexity PDF Author: Ricardo Hausmann
Publisher: MIT Press
ISBN: 0262317737
Category : Business & Economics
Languages : en
Pages : 369

Book Description
Maps capture data expressing the economic complexity of countries from Albania to Zimbabwe, offering current economic measures and as well as a guide to achieving prosperity Why do some countries grow and others do not? The authors of The Atlas of Economic Complexity offer readers an explanation based on "Economic Complexity," a measure of a society's productive knowledge. Prosperous societies are those that have the knowledge to make a larger variety of more complex products. The Atlas of Economic Complexity attempts to measure the amount of productive knowledge countries hold and how they can move to accumulate more of it by making more complex products. Through the graphical representation of the "Product Space," the authors are able to identify each country's "adjacent possible," or potential new products, making it easier to find paths to economic diversification and growth. In addition, they argue that a country's economic complexity and its position in the product space are better predictors of economic growth than many other well-known development indicators, including measures of competitiveness, governance, finance, and schooling. Using innovative visualizations, the book locates each country in the product space, provides complexity and growth potential rankings for 128 countries, and offers individual country pages with detailed information about a country's current capabilities and its diversification options. The maps and visualizations included in the Atlas can be used to find more viable paths to greater productive knowledge and prosperity.

Violence and Social Orders

Violence and Social Orders PDF Author: Douglass Cecil North
Publisher: Cambridge University Press
ISBN: 0521761735
Category : Business & Economics
Languages : en
Pages : 345

Book Description
This book integrates the problem of violence into a larger framework, showing how economic and political behavior are closely linked.

Interpreting Classical Economics

Interpreting Classical Economics PDF Author: Heinz Kurz
Publisher: Routledge
ISBN: 1134087810
Category : Business & Economics
Languages : en
Pages : 359

Book Description
First Published in 2007. This book is the third volume of previously published essays from Heinz D. Kurz and Neri Salvadori, following Understanding Classical Economics (1998) and Classical Economics and Modern Theory (2003), both published by Routledge. This new collection can be read in isolation but perhaps more fruitfully in conjunction with the previous texts, providing modern interpretations of the classical economists and comparing their analyses with that of contemporary mainstream economics. The essays in the new volume are split between three parts, the first section dealing with classical economics and modern theory focusing specifically on the differences in the analytical structure and content of the theory of value and distribution of Ricardo, on the one hand, and Say and Walras, on the other. The second part is devoted to Piero Sraffa’s contribution, drawing from his hitherto unpublished papers. The final part assesses linear theory of production, concentrating on comparative studies of the contributions of von Neumann, Arrow-Debreu, Georgescu-Roegen and Sraffa. This new volume will be of interest to economic theorists and methodologists in Europe, Asia and America and particularly academics and researchers engaged with theories of production, value, distribution, economic growth and the history of economic thought.

Input-Output Analysis

Input-Output Analysis PDF Author: Ronald E. Miller
Publisher: Cambridge University Press
ISBN: 110862720X
Category : Business & Economics
Languages : en
Pages : 1116

Book Description
This essential reference for students and scholars in the input-output research and applications community has been fully revised and updated to reflect important developments in the field. Expanded coverage includes construction and application of multiregional and interregional models, including international models and their application to global economic issues such as climate change and international trade; structural decomposition and path analysis; linkages and key sector identification and hypothetical extraction analysis; the connection of national income and product accounts to input-output accounts; supply and use tables for commodity-by-industry accounting and models; social accounting matrices; non-survey estimation techniques; and energy and environmental applications. Input-Output Analysis is an ideal introduction to the subject for advanced undergraduate and graduate students in many scholarly fields, including economics, regional science, regional economics, city, regional and urban planning, environmental planning, public policy analysis and public management.

Modeling Spatial and Economic Impacts of Disasters

Modeling Spatial and Economic Impacts of Disasters PDF Author: Yasuhide Okuyama
Publisher: Springer Science & Business Media
ISBN: 3540247874
Category : Business & Economics
Languages : en
Pages : 324

Book Description
This volume is dedicated to the memory of Barclay G. Jones, Professor of City and Regional Planning and Regional Science at Cornell University. Over a decade ago, Barclay took on a fledgling area of study - economic modeling of disasters - and nurtured its early development. He served as the social science program director at the National Center for Earthquake Engineering Research (NCEER), a university consortium sponsored by the National Science Foundation and the Federal Emergency Management Agency of the United States. In this capacity, Barclay shepherded and attracted a number of regional scientists to the study of disasters. He organized a conference, held in the ill-fated World Trade Center in September 1995, on "The Economic Consequences of Earthquakes: Preparing for the Unexpected. " He persistently advocated the importance of social science research in an establishment dominated by less-than-sympathetic natural scientists and engineers. In 1993, Barclay organized the first of a series of sessions on "Measuring Regional Economic Effects of Unscheduled Events" at the North American Meetings of the Regional Science Association International (RSAI). This unusual nomenclature brought attention to the challenge that disasters -largely unanticipated, often sudden, and always disorderly - pose to the regional science modeling tradition. The sessions provided an annual forum for a growing coalition of researchers, where previously the literature had been fragmentary, scattered, and episodic. Since Barclay's unexpected passing in 1997, we have continued this effort in his tradition.

Trade, Networks and Hierarchies

Trade, Networks and Hierarchies PDF Author: Geoffrey J.D. Hewings
Publisher: Springer Science & Business Media
ISBN: 3662047861
Category : Business & Economics
Languages : en
Pages : 465

Book Description
In 1989, after several years of discussion and negotiation, the Regional Econornics Applications Laboratory (REAL) was formed. This unique relationship between the Federal Reserve Bank of Chicago and the University of Illinois at Urbana-Champaign has been a significant source of intellectual inspiration for many students, visiting colleagues and members of the participating institutions for the past decade. The idea for REAL was hatched by Philip Israilevich and Geoffrey Hewings in typical Chicago style - in the back room of a local bar. In early December 1997, their collaboration came to an untimely end when Philip died after a three-year battle with cancer. The challenge of moving across a spectrum from theory to model development to implementation and interpretation provided the underlying motivation for REAL's formation together with an equally important component, namely the translation of many of these efforts into a form that could be understood and implemented by policy makers. For Philip, REAL and the Regional Science Association International provided the forums for his intellectual endeavors, although he also contributed many papers in banking. In recognition of his contributions and to provide a sense of the current research in the fields in which he published, many of the authors of these chapters assembled in Chicago in November, 1998 to participate in a small seminar in his honor. Several others who were not able to come nevertheless contributed chapters to this volume. Subsequently, all of the papers have been revised and updated.