Learning from 'Learning by Doing' : Lessons for Economic Growth

Robert M Solow

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Lingua: inglese

Editore: Stanford University Press Apr 1997, 1997

0804728402 / 9780804728409

Da: AHA-BUCH GmbH, Einbeck, GermaniaAHA-BUCH GmbH

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Venditore AbeBooks dal 14 agosto 2006

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Descrizione dell’articolo da parte del venditore

Neuware - This book by a Nobel laureate in economics begins with a brief exposition of Kenneth J. Arrow's classic paper 'The Economic Implications of Learning by Doing' (1962). It shows how Arrow's idea fits into the modern theory of economic growth, and uses it as a springboard for a critical consideration of spectacular recent developments that have made growth theory a dynamic topic today. The author then develops a new theory that combines learning by doing (identifying it with the concept of 'continuous improvement') with a separate process of discrete 'innovations.' Learning by doing leads to a fairly smooth reduction in labor required per unit of output, tied to the rate of gross investment in new capital equipment. Innovations arrive at random; when one of them happens, the labor requirement takes a jump downward. This new model, simple as it is, does not lend itself to self-contained solution. The author accordingly presents the results of a series of computer simulations that exhibit the variety of paths the new model economy can follow, showing, among other things, that early good luck can have a persistent effect. The book concludes with some general reflections on policies for economic growth, drawn not from any one modeling exercise but from general experience with a variety of growth models. Of the four chapters of this book, the first two were presented as the Kenneth J. Arrow Lectures at Stanford University in 1993. The computer simulations were specially done for inclusion in this book. The final chapter on policies for economic growth was first presented as the Ernest Sturc Lecture at the Johns Hopkins School of Advanced International Studies in Washington in 1991.…

Codice articolo 9780804728409

Titolo
Learning from 'Learning by Doing' : Lessons for Economic Growth
Autore
Robert M Solow
Editore
Stanford University Press Apr 1997
Anno di pubblicazione
1997
Condizione
Neu
Rilegatura
Buch
Lingua
inglese
ISBN 10
0804728402
ISBN 13
9780804728409
Peso dell'articolo
272 grammi
Dimensioni
216x140x10 mm

AHA-BUCH GmbH

Einbeck, Germania

Venditore con 5 stelle

Venditore AbeBooks dal 14 agosto 2006

Tariffe di spedizione da Germania a U.S.A.

ArticoloDa 7 a 10 giorni lavorativiDa 5 a 7 giorni lavorativi
Primo articoloEUR 35,00EUR 45,00
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