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Author: James M. Buchanan
Publisher: University of Michigan Press
Published: 1994
Total Pages: 400
ISBN-13: 9780472104321
DOWNLOAD EBOOK →Makes available important articles on increasing returns as related to the size of the economy
Author: W. Brian Arthur
Publisher: University of Michigan Press
Published: 1994
Total Pages: 228
ISBN-13: 9780472022403
DOWNLOAD EBOOK →Pioneering work on an important new approach to economics.
Author: Tim Walshaw
Publisher: Lulu.com
Published: 2014-05-01
Total Pages: 70
ISBN-13: 0987494651
DOWNLOAD EBOOK →This book offers you a very good way to invest profitably in good companies in the long term, and furthermore avoid losses by investing in bad ones. Its basic message is that if you invest in a company with increasing returns to scale, economic theory states that the company MUST be profitable; and furthermore, you are (almost) guaranteed an increased profit in the next period. If profits increase, share prices should also increase over the medium to long term. This is also a very simple method, not requiring complex methodology, or reliance on 'tips' or 'stories'. You can do it yourself over a few minutes each week. What is this magic method? It is a simple technique drawn from the theory of Economics, called 'Returns to Scale'. Your aim is to invest in firms with Increasing Returns to Scale, and avoid investing in firms with Decreasing Returns to Scale, or worse still (and there are too many of these) Negative Returns to Scale.
Author: W. Brian Arthur
Publisher: Penguin UK
Published: 2010
Total Pages: 261
ISBN-13: 0141031638
DOWNLOAD EBOOK →The Nature of Technology will change the way you think about this fundamental subject forever. W. Brian Arthur's many years of thinking and writing about technology have culminated in a unique understanding of his subject. Here he examines the nature of technology itself: what is it and how does it evolve? Giving rare insights into the evolution of specific technologies and a new framework for thinking about others, every sentence points to some further truth and fascination. At a time when we are ever more reliant on technological solutions for the world's problems, it is extraordinary how little we actually understand the processes that lead to innovation and invention. Until now. This will be a landmark book that will define its subject, and inspire people to think about technology in depth for the very first time.
Author: Elhanan Helpman
Publisher:
Published: 1985-01-01
Total Pages: 271
ISBN-13: 9780745001098
DOWNLOAD EBOOK →Author: Miroslav N. Jovanović
Publisher: Edward Elgar Publishing
Published: 2020-01-31
Total Pages: 789
ISBN-13: 1785368990
DOWNLOAD EBOOK →A crucial question in contemporary economics concerns where economic activities will locate and relocate themselves in the future. This comprehensive, innovative book applies an evolutionary framework to spatial economics, arguing against the prevailing neoclassical equilibrium model, providing important concrete and theoretical insights, and illuminating areas of future enquiry.
Author: Martine Quinzii
Publisher: Oxford University Press
Published: 1993-01-07
Total Pages: 174
ISBN-13: 0195362241
DOWNLOAD EBOOK →Increasing returns to scale is an area in economics that has recently become the focus of much attention. While most firms operate under constant or decreasing return to scale on their relevant range of production, some firms produce goods or services with a technology which exhibits increasing returns to scale at levels of production which are large relative to the market. These goods are an important component of economic activity in a modern economy and are typically commodities produced either by a public sector or, as in the U.S., by regulated utilities. In this study, the author analyzes increasing returns using general equilibrium theory to take into account the interactions between production in the public and the private sector, and the effects of financing the public sector on the redistribution of income.
Author: Jati Sengupta
Publisher: Springer Science & Business Media
Published: 2011-01-15
Total Pages: 123
ISBN-13: 1441980261
DOWNLOAD EBOOK →Modern economies have undergone a dramatic change. There has been a shift from large scale material manufacturing to the design and application of new technology with R&D and human capital. The new information age has introduced significant productivity gains through increasing returns and learning by doing, which has challenged the traditional growth models based on competitive market structures. Institutions outside the traditional markets and the genetic principle of survival of the fittest have dominated the current theory of industry growth. This book coordinates and integrates the two strands of economic growth and development: the endogenous theory of growth and the extra-market models of evolutionary economics dominated by innovation efficiency. It presents this new paradigm in terms of both theory and historical experiences. The book addresses the role of innovations and human capital, the impact of information technology, the role of institutions as mechanisms of evolutionary economies and the experiences of Asian growth miracles, and will be of interest to readers in economics and political science concerned with economic growth and development.
Author: John Stachurski
Publisher: Springer Science & Business Media
Published: 2012-01-25
Total Pages: 454
ISBN-13: 3642223974
DOWNLOAD EBOOK →Optimal growth theory studies the problem of efficient resource allocation over time, a fundamental concern of economic research. Since the 1970s, the techniques of nonlinear dynamical systems have become a vital tool in optimal growth theory, illuminating dynamics and demonstrating the possibility of endogenous economic fluctuations. Kazuo Nishimura's seminal contributions on business cycles, chaotic equilibria and indeterminacy have been central to this development, transforming our understanding of economic growth, cycles, and the relationship between them. The subjects of Kazuo's analysis remain of fundamental importance to modern economic theory. This book collects his major contributions in a single volume. Kazuo Nishimura has been recognized for his contributions to economic theory on many occasions, being elected fellow of the Econometric Society and serving as an editor of several major journals. Chapter “Introduction” is available open access under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License via link.springer.com.
Author: Paul R. Krugman
Publisher: MIT Press
Published: 1997
Total Pages: 132
ISBN-13: 9780262611350
DOWNLOAD EBOOK →Krugman examines the course of economic geography and development theory to shed light on the nature of economic inquiry.
