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

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

by Wei-Bin Zhang

Paperback(Softcover reprint of the original 1st ed. 1999)

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Capital and Knowledge: Dynamics of Economic Structures with Non-Constant Returns 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 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: 9783642635168
Publisher: Springer Berlin Heidelberg
Publication date: 10/08/2012
Edition description: Softcover reprint of the original 1st ed. 1999
Pages: 431
Product dimensions: 6.10(w) x 9.25(h) x 0.04(d)

Table of Contents

Introduction: Classical Economics.- General Equilibrium Theory.- Neoclassical Growth Theory.- Disequilibrium Economics.- Economic Structure.- Economics with Returns to Scale.- Modern Vision of Economic Processes by Complex Theory.- Structure of the Study.- One-Sector Growth Models under Constant Returns to Scale: The One-Sector Growth Model.- Growth with Home Capital.- Time Distribution in the One-Sector Growth Model.- Conclusions.- Appendix.- Production Functions in Growth Theory.- Preference and Utility Functions.- The Solow-Swan Model.- The Ramsey Growth Model.- One-Sector Economies under Non-Constant Returns to Scale: The Growth Model with Public Goods.- Knowledge, Population, Environment and Economic Growth.- An Economic Dynamics with Livestock.- Economic Development with Human Capital and Opening.- On Returns to Scale.- Appendix.- Economic Growth with Money.- Economic Chaos with Endogenous Population.- Knowledge, Growth and Economic Structures: An Agricultural Economy with Land Ownership Distribution.- A Two-Sector Recardian Economy.- The Ricardian System with Knowledge and Infrastructures.- A Structural Dynamics of Agriculture, Industry and Service.- Economic Structure with Multiple Capital Goods.- On Economic Structures.- Appendix.- The Neoclassical Two-Sector Growth Model.- The Neoclassical Multiple Sector Models.- Proving Proposition 4.2.1.- Proving Proposition 4.4.1.- Proving Proposition 4.5.1.- Knowledge, Growth and Wealth Distribution: Income Distribution with Human Capital, Diligence and Frugality.- Growth with Governmen&tgrave;s Redistribution Policy.- Economic Structure with Multiple Groups and Job Amenities.- A Two-Group Growth Model with Capital and Knowledge.- On Economic Evolution with Multiple Groups.- Appendix.- Distribution of Income and Wealth in Satòs Model.- Proving Propositions 5.1.1 and 5.1.2.- Proving Proposition 5.3.1.- Proving Proposition 5.4.1.- Education, Research and Growth: Education and Saving in the Growth Model.- The Research Model with Job Amenities.- The Two-Group Model with Research and Job Amenities.- Growth with Capital, Human Capital and Knowledge.- Appendix.- Proving Proposition 6.1.1.- Unemployment in Disequilibrium Dynamics: Growth and Unemployment in a Two-Group-Economy.- Unemployment with Endogenous Knowledge.- Unemployment in a 'Welfare Economy'.- Conclusions.- Appendix.- Proving Lemmas 7.1.3 and 7.1.4 and Examining the Case of Different Preferences.- Proving Proposition 7.2.1.- Economic Development with Sexual Division of Labor: Sexual Division of Labor with Home Capital and Time Distribution.- The Impact of Female Labor Participation on Knowledge Economies.- Sexual Division of Labor with Capital and Knowledge.- Economic Growth with Sexual Discrimination.- On Complex of Sexual Division of Labor and Consumption.- Appendix.- Proving Lemmas 8.1.3 and 8.1.4.- Proving Lemma 8.2.1.- Proving Propositions 8.3.1 and 8.3.2.- Preference Change with Capital and Knowledge: Preference Change in the One-Sector Growth Model.- Dynamics of Knowledge, Capital and Preference.- Dynamic Economic Structure with Preference Change.- Growth and Preference Change with Sexual Division of Labor.- Concluding Remarks.- Summary.

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