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Book Economic Development and the Division of Labor

Download or read book Economic Development and the Division of Labor written by Xiaokai Yang and published by John Wiley & Sons. This book was released on 2008-04-15 with total page 664 pages. Available in PDF, EPUB and Kindle. Book excerpt: This innovative new text from Jeffrey Sachs and Xiokai Yangintroduces students to development economics from the perspectivesof inframarginal analysis and marginal analysis. The bookdemonstrates how the new-found emphasis on inframarginal analysishas influenced a shift back to an interest in Classical Economicsfrom Neoclassical Economics. Inframarginal Analysis vs. Marginal Analysis is presented as aconsistent theoretical framework throughout. Shows how the relationship of Inframarginal Analysis toMarginal Analysis has influenced the shift back to an interest inClassical Economics from Neoclassical Economics with regard toeconomic development. Allows economists to reduce their overall reliance on marginalanalysis, which may be less relevant to development economics thanit is to the economics of development countries. Brings considerable analytic machinery to bear on importantproblems. A focus on institutions and transaction costs that is veryrelevant to development economics. Offers a thorough analysis of trade (CHs. 3 - 7) andmacroeconomics (CHs. 16 - 19), both of which are not dealth with indepth by comparable textbooks.

Book Inframarginal Economics

Download or read book Inframarginal Economics written by Xiaokai Yang and published by World Scientific. This book was released on 2009 with total page 924 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph resurrects the spirit of classical economic thinking on network effects of division of labor and general equilibrium mechanisms that simultaneously determine the interdependent benefits of specialization and the number of participants in the network of division of labor (extent of the market) in a modern body of inframarginal economics. Inframarginal economics applies inframarginal analysis (nonclassical mathematical programming which allows corner solution) to studies of network effects of division of labor, individuals' networking decisions in choosing their levels of specialization, mechanisms that endogenously determine the network size and pattern of division of labor, increasing returns, and the relationship between transaction costs, evolution in institutions, property rights, contracts, organization, and the network size and pattern of division of labor. Here, inframarginal analysis is total cost-benefit analysis across different network patterns of trade and division of labor in addition to marginal analysis of resource allocation for a given pattern of organization. It provides an overarching framework that encompasses many areas of the discipline that have customarily been treated as separate branches. These include microeconomics, macroeconomics, development economics, international economics, urban economics, growth theory, industrial organization. applications of game theory in economics, economics of property rights, economics of transaction costs, economics of institutions and contracts, economics of organization, managerial economics, theory of hierarchy, new theory of the firm, theory of money, theory of insurance, theory of the network and reliability, and so on.

Book The Division of Labour in Economics

Download or read book The Division of Labour in Economics written by Guang-Zhen Sun and published by Routledge. This book was released on 2013-03-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides, for the first time, a systematic and comprehensive narrative of the history of one central idea in economics, namely the division of labour, over the past two and a half millennia, with special focus on that having occurred in the most recent two and a half centuries. Quite contrary to the widely held belief, the idea has a fascinating biography, much richer than that exemplified by the pin-making story that was popularized by Adam Smith’s classical work published in 1776.

Book Inframarginal Contributions To Development Economics

Download or read book Inframarginal Contributions To Development Economics written by Christis G Tombazos and published by World Scientific. This book was released on 2006-10-09 with total page 564 pages. Available in PDF, EPUB and Kindle. Book excerpt: The core of classical economic analysis represented by William Petty and Adam Smith concentrated on the field of development economics. This classical footing of the study of development is different from the neoclassical perspective in two important respects: (a) it focuses on division of labor as the driving force of development, and (b) it emphasizes the role of the market (the “invisible hand”) in exploiting productivity gains that are derived from division of labor. However these aspects have received little attention in the body of literature that represents the modern field of development economics — which largely represents the neoclassical application of marginalism. A notable exception is research that utilizes inframarginal analysis of individuals' networking decisions in an attempt to formalize the classical mechanisms that drive division of labor. This book is a first attempt to collect relevant key contributions and is intended for active researchers in the field of development economics.

Book The Economics of E Commerce and Networking Decisions

Download or read book The Economics of E Commerce and Networking Decisions written by Y. Ng and published by Springer. This book was released on 2003-12-19 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is a collection of selected papers using the framework of inframarginal analysis of the division of labour held at Monash University on 6-7 July 2001. This framework, pioneered mainly by Professor Xiaokai Yang, (with joint researches involving all the three editors and many of the authors), has been recommended by Professor James Buchanan (Nobel Laureate in Economics) as the most important analysis in economics in the world today.

Book International Conference on Transportation Engineering 2007

Download or read book International Conference on Transportation Engineering 2007 written by Qiyuan Peng and published by . This book was released on 2007 with total page 1140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection contains 690 papers presented at the First International Conference on Transportation Engineering, held in Chengdu, China, July 22-24, 2007.

Book Emergence of a New Center and Periphery

Download or read book Emergence of a New Center and Periphery written by Richard D. Mallon and published by . This book was released on 1998 with total page 22 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Politics  Growth  and Inequality in Rural China

Download or read book Politics Growth and Inequality in Rural China written by Jonathan Morduch and published by . This book was released on 1998 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Voracity and Growth

Download or read book Voracity and Growth written by Philip R. Lane and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Exchange Rates and Economic Growth in Kenya

Download or read book Exchange Rates and Economic Growth in Kenya written by Malcolm F. MacPherson and published by . This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book On Privatization Methods

    Book Details:
  • Author : Luis Felipe López-Calva
  • Publisher :
  • Release : 1998
  • ISBN :
  • Pages : 54 pages

Download or read book On Privatization Methods written by Luis Felipe López-Calva and published by . This book was released on 1998 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Building Systems of Income Taxation in a Transition Economy

Download or read book Building Systems of Income Taxation in a Transition Economy written by Gangadhar P. Shukla and published by . This book was released on 1998 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyses the current system of business and personal income taxation in Vietnam.

Book Education s Crucial Role in Explaining Labor Income Inequality in Urban Bolivia

Download or read book Education s Crucial Role in Explaining Labor Income Inequality in Urban Bolivia written by Gary S. Fields and published by . This book was released on 1998 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Household Water Resources and Rural Productivity in Sub Saharan Africa

Download or read book Household Water Resources and Rural Productivity in Sub Saharan Africa written by Sydney Rosen and published by . This book was released on 1999 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Schooling Quality in a Cross Section of Countries

Download or read book Schooling Quality in a Cross Section of Countries written by Jong-Wha Lee and published by . This book was released on 1997 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate the determinants of educational quality in a panel data set that includes" output and input measures for a broad number of countries. The results show that family inputs" and school resources are closely related to school outcomes, as measured by internationally" comparable test scores, repetition rates, and drop-out rates. Family characteristics income and education of parents, have strong effects on student performance. The findings also" indicate that more school resources - especially smaller class sizes but probably also higher" teacher salaries and greater school length - enhance educational outcomes."