Synopses & Reviews
This volume outlines a novel approach to the analysis of structural economic dynamics. It is based on detailed considerations of micro-organizational features of economic systems, and how networking patterns of technological and institutional change influence them. This is a much-needed basis for work in economic dynamics, considering interactions between emergent structures and historically evolving constraints. The work breaks new ground in the investigation of the relationship between economic theory and economic history.
Review
'This book is an interesting review and, at the same time, an attempt to give order to the subject of structural economic dynamics, a field of economic theory that is investigated in many different ways with a variety of alternative aims ... the book shows that the work required to construct a unified model of structural change is still in progress, but of course the editors should not be blamed for this. On the contrary they are to be praised for having reduced the distances between important lines of research that at first sight may appear remote.' The Economic Journal
Table of Contents
Introduction: production and economic dynamics; Part I. Decomposition of Economies and Structural Dynamics: 1. Traverse analysis in a neo-Austrian framework; 2. Vertical integration, the temporal structure of production processes, and transition between techniques; 3. Production and efficiency with global technologies; 4. Efficient traverses and bottlenecks: a structural approach; 5. Structural change and macroeconomic stability in disaggregated models; Part II. Production Organisation and Economic Dynamics: 6. The production process: description and analysis; 7. Agricultural forms of production organisation; 8. Forms of production organisation: the case of manufacturing processes; 9. Coordination of production processes, subsystem dynamics and structural change.