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

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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.

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Product Details

  • ISBN-13: 9783540651345
  • Publisher: Springer Berlin Heidelberg
  • Publication date: 2/1/1999
  • Edition description: 1999
  • Edition number: 1
  • Pages: 431
  • Product dimensions: 1.06 (w) x 9.21 (h) x 6.14 (d)

Table of Contents

1 Introduction 1
2 One-Sector Growth Models under Constant Returns to Scale 19
2.1 The One-Sector Growth Model 20
2.2 Growth with Home Capital 31
2.3 Time Distribution in the One-Sector Growth Model 38
2.4 Conclusions 44
Appendix 45
3 One-Sector Economies under Non-Constant Returns to Scale 55
3.1 The Growth Model with Public Goods 57
3.2 Knowledge, Population, Environment and Economic Growth 64
3.3 An Economic Dynamics with Livestock 79
3.4 Economic Development with Human Capital and Opening 87
3.5 On Returns to Scale 102
Appendix 104
4 Knowledge, Growth and Economic Structures 118
4.1 An Agricultural Economy with Land Ownership Distribution 121
4.2 A Two-Sector Ricardian Economy 130
4.3 The Ricardian System with Knowledge and Infrastructures 140
4.4 A Structural Dynamics of Agriculture, Industry and Service 151
4.5 Economic Structure with Multiple Capital Goods 161
4.6 On Economic Structures 165
Appendix 166
5 Knowledge, Growth and Wealth Distribution 182
5.1 Income Distribution with Human Capital, Diligence and Frugality 184
5.2 Growth with Government's Redistribution Policy 194
5.3 Economic Structure with Multiple Groups and Job Amenities 205
5.4 A Two-Group Growth Model with Capital and Knowledge 218
5.5 On Economic Evolution with Multiple Groups 224
Appendix 226
6 Education, Research and Growth 239
6.1 Education and Saving in the Growth Model 241
6.2 The Research Model with Job Amenities 250
6.3 The Two-Group Model with Research and Job Amenities 264
6.4 Growth with Capital, Human Capital and Knowledge 272
Appendix 273
7 Unemployment in Disequilibrium Dynamics 275
7.1 Growth and Unemployment in a Two-Group Economy 276
7.2 Unemployment with Endogenous Knowledge 288
7.3 Unemployment in a 'Welfare Economy' 299
7.4 Conclusions 307
Appendix 308
8 Economic Development with Sexual Division of Labor 315
8.1 Sexual Division of Labor with Home Capital and Time Distribution 316
8.2 The Impact of Female Labor Participation on Knowledge Economies 324
8.3 Sexual Division of Labor with Capital and Knowledge 332
8.4 Economic Growth with Sexual Discrimination 345
8.5 On Complex of Sexual Division of Labor and Consumption 354
Appendix 356
9 Preference Change with Capital and Knowledge 364
9.1 Preference Change in the One-Sector Growth Model 366
9.2 Dynamics of Capital, Knowledge and Preference 372
9.3 Dynamic Economic Structure with Preference Change 377
9.4 Growth and Preference Change with Sexual Division of Labor 391
9.5 Concluding Remarks 400
10 Summary 402
Bibliography 407
Name Index 419
Subject Index 422
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