The Economic Theory of Structure and ChangeMauro Baranzini, Roberto Scazzieri This volume, first published in 1991, represents a wide-ranging inquiry into the general field of structural economic analysis and provides a thorough appraisal of the method of economic dynamics. It comprises nine original essays by distinguished scholars, all of which assess different aspects of the concept of economic structure. The analytical contribution of the volume is to draw attention to the relationship between 'horizontal' and 'vertical' treatments of economic structure that have characterized economic theory. The former focuses on the circular character of economic relationships, as exemplified in the Quesnay-Leontief literature, while the latter concentrates on the relationships between the 'fund' of productive resources and the production of finished goods. Perhaps the most important contribution of the volume is to provide a linkage between the two approaches and to put forward a new conceptual framework that combines an appreciation for the importance of technical relationships with a recognition of the institutional arrangements in the economic system. |
Contents
A FRAMEWORK FOR STRUCTURAL ANALYSIS | 7 |
framework | 23 |
Economic structure and the theory of economic equilibrium | 47 |
Structure and change within the circular theory of production | 64 |
STRUCTURAL DYNAMICS AND THE ANALYSIS | 93 |
Vertical integration growth and sequential change | 122 |
The structural theory of economic growth | 144 |
Production process and dynamic economics | 198 |
analytical perspectives | 227 |
334 | |
340 | |
Other editions - View all
The Economic Theory of Structure and Change Mauro Baranzini,Roberto Scazzieri No preview available - 2012 |
Common terms and phrases
actions activity actual adjustment analysis analytical appears approach associated assumption behaviour Cambridge capital causality circular classical commodities complex concept connection consideration considered consumption demand depends described determined distinct distribution dynamic economic dynamics economic structure economic system economic theory elements employment equilibrium essential example exchange existing fact factors final firms fixed flow forces framework function given growth hand Hicks historical horizontal identified implies important income increase individual industry inputs institutions interdependencies interest introduced investment labour latter leads linked material means method natural necessary neoclassical organization original output particular path pattern period political possible Press principle problem production process profit quantity relation relationships relative represented requires respect result role sector social specific stage structural change supply technological theoretical traders transformation traverse University utilization vertical vertically integrated wage