Preference, Production and Capital: Selected Papers of Hirofumi Uzawa

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The papers collected here deal with various topics in economic theory, ranging from preference and consumption, duality and production, equilibrium, capital, and growth, to the theory of social overhead capital. They all have a common theme: to try to formulate the working of economic forces in a capitalist economy in terms of mathematical models and to explore their static, dynamic, and welfare implications. Most of the papers were originally published during the 1960s and early 1970s.
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Product Details

  • ISBN-13: 9780521361743
  • Publisher: Cambridge University Press
  • Publication date: 1/27/1989
  • Pages: 384
  • Product dimensions: 5.98 (w) x 8.98 (h) x 0.98 (d)

Table of Contents

Foreword; Preface; Part I. Preference and Demand: 1. Preference and rational choice in the theory of consumption; 2. On the integrability of demand functions; 3. Time preference, the consumption function, and optimum asset holdings; Part II. Duality and Production: 4. Duality principles in the theory of cost and production; 5. Production functions with constant elasticities of substitution; 6. Neutral inventions and the stability of growth equilibrium; 7. Optimum technical change in an aggregative model of economic growth; Part III. Concave Programming: 8. The Kuhn–Tucker theorem in concave programming; 9. Iterative methods for concave programming; 10. Prices of the factors of production in international trade; Part IV. Equilibrium and Stability: 11. Walras's existence theorem and Brouwer's fixed-point theorem; 12. On the stability of Edgeworth's barter process; Part V. Theory of Economic Growth: 13. On a two-sector model of economic growth, I; 14. On a two-sector model of economic growth, II; 15. Time preference and the Penrose effect in a two-class model of economic growth; 16. On the dynamic stability of economic growth: the neoclassical versus Keynesian approaches; Part VI. Optimum Growth: 17. Optimal growth in a two-sector model of capital accumulation; 18. Optimum fiscal policy in an aggregative model of economic growth; 19. On the economics of social overhead capital; Index.
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