Capital and Knowledge: Dynamics of Economic Structures with Non-Constant Returns / Edition 1

Capital and Knowledge: Dynamics of Economic Structures with Non-Constant Returns / Edition 1

by Wei-Bin Zhang
     
 

A general economic theory to analyze how different economic forces interact over time. It proposes some new combinations of various economic forces which may function at various stages of social and economic evolution. This theory includes the main economic ideas of Smith, Malthus, Ricardo, Marx, Mills, Walras, Marshall, Schumpeter and Keynes. It also includes, as

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Overview

A general economic theory to analyze how different economic forces interact over time. It proposes some new combinations of various economic forces which may function at various stages of social and economic evolution. This theory includes the main economic ideas of Smith, Malthus, Ricardo, Marx, Mills, Walras, Marshall, Schumpeter and Keynes. It also includes, as special cases, such well-established mathematical models as the Arrow-Debreu general equilibrium model, the Tobin model, the Solow-Swan-Uzawa growth model, the Kaldor-Pasinetti two-class model, the Ricardian models by Morishima, Samuelson and Pasinetti, Keynesian theory, to explain certain economic phenomena which cannot be explained by traditional works.

Product Details

ISBN-13:
9783540651345
Publisher:
Springer Berlin Heidelberg
Publication date:
02/01/1999
Edition description:
1999
Pages:
431
Product dimensions:
1.06(w) x 9.21(h) x 6.14(d)

Table of Contents

1Introduction1
2One-Sector Growth Models under Constant Returns to Scale19
2.1The One-Sector Growth Model20
2.2Growth with Home Capital31
2.3Time Distribution in the One-Sector Growth Model38
2.4Conclusions44
Appendix45
3One-Sector Economies under Non-Constant Returns to Scale55
3.1The Growth Model with Public Goods57
3.2Knowledge, Population, Environment and Economic Growth64
3.3An Economic Dynamics with Livestock79
3.4Economic Development with Human Capital and Opening87
3.5On Returns to Scale102
Appendix104
4Knowledge, Growth and Economic Structures118
4.1An Agricultural Economy with Land Ownership Distribution121
4.2A Two-Sector Ricardian Economy130
4.3The Ricardian System with Knowledge and Infrastructures140
4.4A Structural Dynamics of Agriculture, Industry and Service151
4.5Economic Structure with Multiple Capital Goods161
4.6On Economic Structures165
Appendix166
5Knowledge, Growth and Wealth Distribution182
5.1Income Distribution with Human Capital, Diligence and Frugality184
5.2Growth with Government's Redistribution Policy194
5.3Economic Structure with Multiple Groups and Job Amenities205
5.4A Two-Group Growth Model with Capital and Knowledge218
5.5On Economic Evolution with Multiple Groups224
Appendix226
6Education, Research and Growth239
6.1Education and Saving in the Growth Model241
6.2The Research Model with Job Amenities250
6.3The Two-Group Model with Research and Job Amenities264
6.4Growth with Capital, Human Capital and Knowledge272
Appendix273
7Unemployment in Disequilibrium Dynamics275
7.1Growth and Unemployment in a Two-Group Economy276
7.2Unemployment with Endogenous Knowledge288
7.3Unemployment in a 'Welfare Economy'299
7.4Conclusions307
Appendix308
8Economic Development with Sexual Division of Labor315
8.1Sexual Division of Labor with Home Capital and Time Distribution316
8.2The Impact of Female Labor Participation on Knowledge Economies324
8.3Sexual Division of Labor with Capital and Knowledge332
8.4Economic Growth with Sexual Discrimination345
8.5On Complex of Sexual Division of Labor and Consumption354
Appendix356
9Preference Change with Capital and Knowledge364
9.1Preference Change in the One-Sector Growth Model366
9.2Dynamics of Capital, Knowledge and Preference372
9.3Dynamic Economic Structure with Preference Change377
9.4Growth and Preference Change with Sexual Division of Labor391
9.5Concluding Remarks400
10Summary402
Bibliography407
Name Index419
Subject Index422

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