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The Return to Increasing Returns

The Return to Increasing Returns
  • Author : James M. Buchanan,Yong J. Yoon
  • Publisher :
  • Release Date :1994
  • Total pages :382
  • ISBN : 9780472104321
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Summary : Makes available important articles on increasing returns as related to the size of the economy

Increasing Returns and Path Dependence in the Economy

Increasing Returns and Path Dependence in the Economy
  • Author : W. Brian Arthur
  • Publisher :
  • Release Date :1994
  • Total pages :201
  • ISBN : 9780472022403
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Summary : Pioneering work on an important new approach to economics.

Increasing Returns and Efficiency

Increasing Returns and Efficiency
  • Author : Martine Quinzii
  • Publisher :
  • Release Date :1992
  • Total pages :165
  • ISBN : 0195065530
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Summary : 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 Economic Analysis

Increasing Returns and Economic Analysis
  • Author : Kenneth J. Arrow,Yew-Kwang Ng,Xiaokai Yang
  • Publisher :
  • Release Date :1998-04-12
  • Total pages :457
  • ISBN : 1349262552
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Summary : 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 to Scale

Increasing Returns to Scale
  • Author : Tim Walshaw
  • Publisher :
  • Release Date :2014-05-01
  • Total pages :68
  • ISBN : 0987494651
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Summary : 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.

Increasing Returns and New Developments in the Theory of Growth

Increasing Returns and New Developments in the Theory of Growth
  • Author : Paul Michael Romer
  • Publisher :
  • Release Date :1989
  • Total pages :37
  • ISBN :
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Summary : From the beginning, growth theory has been faced with technically challenging questions about increasing returns and the way to capture ideas in a model of market exchange. Initially, reliance on perfect competition forced growth theory to narrow its scope. Recently, new tools for studying dynamic equilibria with nonconvexities, externalities, and imperfect competition have allowed growth theory to address broader questions like: Why have growth rates tended to increase over time? Why is it that flows of capital are not sufficient to equalize wages in different countries? How is it that trade policy, or aggregate research and development expenditure, or the extent of patent protection influences the rate of growth?

IT-Enabled Strategic Management: Increasing Returns for the Organization

IT-Enabled Strategic Management: Increasing Returns for the Organization
  • Author : Walters, Bruce,Tang, Zaiyong
  • Publisher :
  • Release Date :2006-03-31
  • Total pages :328
  • ISBN : 1591409101
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Summary : "This book makes an effort to explore the interaction of information technology and strategic management and aims to encourage joint research efforts among IT and strategy scholars for common solutions"--Provided by publisher.

General Equilibrium Analysis of Production and Increasing Returns

General Equilibrium Analysis of Production and Increasing Returns
  • Author : Takashi Suzuki
  • Publisher :
  • Release Date :2009
  • Total pages :272
  • ISBN : 9812833315
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Summary : techniques in this field, such as measure theory, manifold theory and Banach space theory." --Book Jacket.

An Evaluation of Neutral Trade Policy Incentives Under Increasing Returns to Scale

An Evaluation of Neutral Trade Policy Incentives Under Increasing Returns to Scale
  • Author : N.A
  • Publisher :
  • Release Date :
  • Total pages :329
  • ISBN :
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Summary :

Readings in the Economics of the Division of Labor

Readings in the Economics of the Division of Labor
  • Author : Guang-Zhen Sun
  • Publisher :
  • Release Date :2005
  • Total pages :294
  • ISBN : 9789812701275
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Summary : Study of the progressive division of labor is a burgeoning industry in economics in recent years. Classical authors, dating back as early as 500 BC, have made insightful analyses on the determinants and implications of the division of labor. Unfortunately these writings are rather scattered and not readily accessible. This important book aims to fill this void, serving as a valuable source of reference for scholars interested in the economics of specialization. The volume begins with the precursors of political economy including the ancient Greeks, medieval Islamic scholastics and mercantilists, continues with the classical political economists and the neoclassicists, and concludes with the Austrian economists such as Hayek in the 1940s. It covers major themes and perspectives about the division of labor that have ever emerged in the discipline of the economic science, including the economics of increasing returns to specialization, the twin ideas of division of labor and the extent of the market, the theory of the spontaneous market order, coordination in the factory system and large scale manufactures, knowledge and the division of mental labor, integration of analyses of specialization into the neoclassical framework, etc.

The Natural Instability of Markets

The Natural Instability of Markets
  • Author : Michael Perelman
  • Publisher :
  • Release Date :1999-06-30
  • Total pages :188
  • ISBN : 9780312221218
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Summary : As Socialist states struggle to transform themselves into market economies and the United States privatizes everything from schooling to policing, the current crises in Russia and East Asia suggest that something might be amiss. In the rush to open societies to the benefits of competition, economists have overlooked the fundamental instability of competitive markets. What had seemed to be an invincible capitalist juggernaut may be reaching its apotheosis. A close look at market economies is more timely and crucial than ever. Michael Perelman argues that capitalism's victory is temporary, based as it is on an unrealistic understanding of the system's inherent risks. He analyzes the nature and causes of crisis within a market society, and along the way, he re-examines one of capitalism's most primary and unquestioned tenets, that the more competition there is, the better off society will be. This accessible book, garnished with plenty of examples and anecdotes, is an open-minded injection of common sense into the understanding of a capitalist society.

Increasing Returns and Optimal Oscillating Labor Supply

Increasing Returns and Optimal Oscillating Labor Supply
  • Author : Bill Dupor,Andreas Lehnert
  • Publisher :
  • Release Date :2002
  • Total pages :80
  • ISBN :
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Summary :

Supply-Side Sustainability

Supply-Side Sustainability
  • Author : Timothy F. H. Allen,Joseph A. Tainter,Thomas W. Hoekstra
  • Publisher :
  • Release Date :2003-02-19
  • Total pages :440
  • ISBN : 0231504071
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Summary : While environmentalists insist that lower rates of consumption of natural resources are essential for a sustainable future, many economists dismiss the notion that resource limits act to constrain modern, creative societies. The conflict between these views tinges political debate at all levels and hinders our ability to plan for the future. Supply-Side Sustainability offers a fresh approach to this dilemma by integrating ecological and social science approaches in an interdisciplinary treatment of sustainability. Written by two ecologists and an anthropologist, this book discusses organisms, landscapes, populations, communities, biomes, the biosphere, ecosystems and energy flows, as well as patterns of sustainability and collapse in human societies, from hunter-gatherer groups to empires to today's industrial world. These diverse topics are integrated within a new framework that translates the authors' advances in hierarchy and complexity theory into a form useful to professionals in science, government, and business. The result is a much-needed blueprint for a cost-effective management regime, one that makes problem-solving efforts themselves sustainable over time. The authors demonstrate that long-term, cost-effective resource management can be achieved by managing the contexts of productive systems, rather than by managing the commodities that natural systems produce.

A Model of Growth Through Creative Destruction

A Model of Growth Through Creative Destruction
  • Author : Philippe Aghion,Peter Howitt
  • Publisher :
  • Release Date :1990
  • Total pages :48
  • ISBN : 9780771411168
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Summary : This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive and normative implications for growth. In positive terms, the prospect of a high level of research in the future can deter research today by threatening the fruits of that research with rapid obsolescence. In normative terms, obsolescence creates a negative externality from innovations, and hence a tendency for laissez-faire economies to generate too many innovations, i.e too much growth. This "business-stealing" effect is partly compensated by the fact that innovations tend to be too small under laissez-faire. The model possesses a unique balanced growth equilibrium in which the log of GNP follows a random walk with drift. The size of the drift is the average growth rate of the economy and it is endogenous to the model ; in particular it depends on the size and likelihood of innovations resulting from research and also on the degree of market power available to an innovator.

Principles Of Economics (For Delhi University B.Com Pass Course)

Principles Of Economics (For Delhi University B.Com Pass Course)
  • Author : Deepashree
  • Publisher :
  • Release Date :2007-08-01
  • Total pages :329
  • ISBN : 9780070635852
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Summary :