Production and Economic Dynamics
, by Edited by Michael A. Landesmann , Roberto ScazzieriNote: Supplemental materials are not guaranteed with Rental or Used book purchases.
- ISBN: 9780521462518 | 0521462517
- Cover: Hardcover
- Copyright: 1/28/1996
This volume is inspired by recent developments in two strands of economic theorising. Firstly, research on structural economic dynamics based on three sources: Hicks' work on traverse analysis, Pasinetti on disproportional growth and Goodwin on dynamic decomposition and economic fluctuations. The second strand goes back to Georgescu-Roegen's interest in an organisational theory of production based upon the interrelationship between tasks, fund factors and material transformations.A new approach is taken, involving a comprehensive view of sub-units of the whole economic system (such as processes, industries, vertically integrated sectors, eigensectors) representing dynamics of structural adaptation and compositional change. Furthermore, a detailed representation of micro-organisational features leads to the analysis of networks and networking processes within and amongst such sub-units.