Increasing Returns and Economic Analysis

Increasing Returns and Economic Analysis PDF

Author: Kenneth J. Arrow

Publisher: Springer

Published: 1998-04-12

Total Pages: 478

ISBN-13: 1349262552

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Selected papers from many leading Australian, American, Asian, British and European economists of an international conference at Monash University sparked by the first Australian visit by Kenneth J. Arrow, Nobel Laureate in Economics. Part 1 extends the recently emerged New Classical Economics which uses inframarginal analysis to formally examine classical economic problems of specialization with insights on trade, growth, and many other issues. Part 2 analyses the implications of increasing returns and the associated non-perfect competition on some macro problems like the effects of nominal aggregate demand on output and the price level. Part 3 analyses the relationships of information, returns to scale, and issues of resources and trade.

Increasing Returns and Economic Efficiency

Increasing Returns and Economic Efficiency PDF

Author: Y. Ng

Publisher: Springer

Published: 2009-04-30

Total Pages: 200

ISBN-13: 0230236812

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Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.

The Return to Increasing Returns

The Return to Increasing Returns PDF

Author: James M. Buchanan

Publisher: University of Michigan Press

Published: 1994

Total Pages: 400

ISBN-13: 9780472104321

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Makes available important articles on increasing returns as related to the size of the economy

Increasing Returns and Efficiency

Increasing Returns and Efficiency PDF

Author: Martine Quinzii

Publisher: Oxford University Press, USA

Published: 1992

Total Pages: 174

ISBN-13: 0195065530

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This study analyzes increasing returns to scale using general equilibrium theory to take into account the interactions between production in the public and private sectors. It also explores how the redistribution of income has been effected by financing the private sector.

Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy PDF

Author: W. Brian Arthur

Publisher:

Published: 1994-10-27

Total Pages: 228

ISBN-13:

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This book brings together Professor Arthur’s pioneering article and provide a comprehensive presentation of his exciting vision of an economics that incorporates increasing returns. After a decade of resistance from economists, these ideas are now being widely discussed and adopted, as Kenneth Arrow recounts in his foreword. In fundamental ways they are changing our views of the working economy.

The Spatial Economy

The Spatial Economy PDF

Author: Masahisa Fujita

Publisher: MIT Press

Published: 2001-07-27

Total Pages: 327

ISBN-13: 0262303604

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The authors show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. Since 1990 there has been a renaissance of theoretical and empirical work on the spatial aspects of the economy—that is, where economic activity occurs and why. Using new tools—in particular, modeling techniques developed to analyze industrial organization, international trade, and economic growth—this "new economic geography" has emerged as one of the most exciting areas of contemporary economics. The authors show how seemingly disparate models reflect a few basic themes, and in so doing they develop a common "grammar" for discussing a variety of issues. They show how a common approach that emphasizes the three-way interaction among increasing returns, transportation costs, and the movement of productive factors can be applied to a wide range of issues in urban, regional, and international economics. This book is the first to provide a sound and unified explanation of the existence of large economic agglomerations at various spatial scales.

The Economics and Implications of Data

The Economics and Implications of Data PDF

Author: Mr.Yan Carriere-Swallow

Publisher: International Monetary Fund

Published: 2019-09-23

Total Pages: 50

ISBN-13: 1513514814

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This SPR Departmental Paper will provide policymakers with a framework for studying changes to national data policy frameworks.

Economic Theory and Cognitive Science

Economic Theory and Cognitive Science PDF

Author: Don Ross

Publisher: MIT Press

Published: 2005

Total Pages: 466

ISBN-13: 9780262182461

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A hilariously funny cookbook–cum–how–I–did–it memoir by the chef/restaurateur who created New York's dazzling Ápizz restaurant. At the age of thirty–seven, John LaFemina left a lucrative career as a jeweler to become a chef. Instead of going back to school, or getting on–the–job training, he did it the hard way: he bought the restaurant and then taught himself to cook. Today he owns two of New York's great Italian restaurants–Ápizz and Peasant–and is one of the city's most–talked–about chefs, earning rave reviews from fans and critics. In this gorgeous cookbook, he not only shares scores of recipes, but describes his life as a Canarsie boy learning about meatballs and macaroni in his mother's kitchen–and reveals how he drew on a lifetime of Italian cooking, and his own hard work and exquisite taste to create his dream restaurant from scratch. LaFemina takes us step–by–step through the process of finding the perfect location (and figuring out how many meatballs you have to sell to pay the rent), designing a restaurant, procuring all the necessary permits and licenses, and creating the menu. And this is just the first part of running a restaurant. He shares his experiences in dealing with the public and the press, unexpected disasters, and finally, basking in the glory of a popular restaurant. Along with his inspiring story, John LaFemina also shares 100 mouthwatering recipes, including: Lasagna with Braised Wild Boar Mushroom Risotto Veal, Beef, and Pork Meatballs with Ricotta Filling Open Ravioli with Roasted Butternut Squash Creamsicle Panna Cotta Chocolate Banana Bread Pudding

Multisector Growth Models

Multisector Growth Models PDF

Author: Terry L. Roe

Publisher: Springer Science & Business Media

Published: 2009-10-03

Total Pages: 333

ISBN-13: 0387773584

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The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.