Structural Economic Dynamics – A Theory of the Economic Consequences of Human Learning

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This book is a theoretical investigation of the influence of human learning on economic development through time of a 'pure labour' economy. The theory proposed is a simple one, but aims to grasp essential features of the industrial economies. Economists have long known that two basic phenomena lie at the root of long-term economic movements in industrial societies: capital accumulation and technical progress, but attention has generally been concentrated on the former. In this book, by contrast, technical progress is assigned the central role. Within a multi-sector framework, the author examines the structural dynamics of prices, production, and employment (implied by differentiated rates of productivity growth and of expansion of demand) against a background of 'natural' relations. The author also considers a number of problems that arise at the institutional level. Individuals and social learning, know-how, and the diffusion of knowledge emerge as the decisive factors accounting for the success or failure of industrial societies. Paperback version available (2008). Italian version : Dinamica economica strutturale - Un'indagine teorica sulle conseguenze economiche dell'apprendimento umano, Bologna: il Mulino, 1993. Japanese translation:Tokyo: Nihon Keizai Hyôron-sha, 1998.
Lingua originaleEnglish
EditoreCambridge University Press
Numero di pagine186
ISBN (stampa)139780521432825
Stato di pubblicazionePubblicato - 1993


  • a pure labour production economy
  • economic theory and neglect of structural change
  • evolving structure and level of prices
  • evolving structure of long term development
  • inter-temporal distribution of income
  • international economic relations
  • proportional dynamics
  • structural dynamics
  • the role of institutions


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