Inframarginal Contributions to Development Economics

Christis Tombazos ,

ISBN 10: 9812566589 ISBN 13: 9789812566584

Verlag: World Scientific Pub Co Inc, 2006

Sprache: Englisch

Zustand: Neu Hardcover

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Bibliografische Details

Titel

Inframarginal Contributions to Development Economics

Verlag

World Scientific Pub Co Inc

Erscheinungsjahr

2006

Sprache

Englisch

ISBN-10

9812566589

ISBN-13

9789812566584

Einband

Hardcover

Zustand

New

Verk�uferkataloge

�ber diesen Titel

Inhaltsangabe

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.

Rese�a del editor

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.

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