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Efficiency, Market Dynamics and Industry Growth

2009-10-29 Business & Economics
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Release : 2009-10-29
Genre : Business & Economics
Kind : eBook
Book Rating : 667/5 ( reviews)

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Book Synopsis Efficiency, Market Dynamics and Industry Growth by : J. K. Sengupta

Download or read book Efficiency, Market Dynamics and Industry Growth written by J. K. Sengupta. This book was released on 2009-10-29. Available in PDF, EPUB and Kindle. Book excerpt: The dynamics of industry growth, technology and globalization have a dramatic impact on the current economic growth of nations, significantly changing the market structure and world trade, and challenging the competitive equilibrium and their guiding principles. In the world of innovations and spill-over of R&D effects, various forms of non-competitive market structures have evolved in recent times. This book analyzes the new paradigm of change in technology intensive industries, with an emphasis in three main areas; non-parametric models of growth, sources of industry growth and non-competitive market structures in a dynamic framework. The authors to this volume utilise theoretical and empirical analysis to examine the role of R&D investment and Solow-type technical progress, using the non-parametric methods of efficiency analysis, also known as Data Envelopment Analysis. This book is essential reading for all interested in economic theory and innovation.

Efficiency, Market Dynamics and Industry Growth

2009 Industrial efficiency
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Release : 2009
Genre : Industrial efficiency
Kind : eBook
Book Rating : 133/5 ( reviews)

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Book Synopsis Efficiency, Market Dynamics and Industry Growth by : Jatikumar Sengupta

Download or read book Efficiency, Market Dynamics and Industry Growth written by Jatikumar Sengupta. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: The dynamics of industry growth, technology and globalization have a dramatic impact on the current economic growth of nations, significantly changing the market structure and world trade, and challenging the competitive equilibrium and their guiding principles. In the world of innovations and spill-over of R & D effects, various forms of non-competitive market structures have evolved in recent times. This book analyzes the new paradigm of change in technology intensive industries, with an emphasis in three main areas; non-parametric models of growth, sources of industry growth and non-competitive market structures in a dynamic framework. The authors to this volume utilise theoretical and empirical analysis to examine the role of R & D investment and Solow-type technical progress, using the non-parametric methods of efficiency analysis, also known as Data Envelopment Analysis. This book is essential reading for all interested in economic theory and innovation.

Dynamics of Industry Growth

2012-05-02 Business & Economics
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Release : 2012-05-02
Genre : Business & Economics
Kind : eBook
Book Rating : 527/5 ( reviews)

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Book Synopsis Dynamics of Industry Growth by : Jati Sengupta

Download or read book Dynamics of Industry Growth written by Jati Sengupta. This book was released on 2012-05-02. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth of a country depends on its industries. The focus of modern growth theory is basically macroeconomics, although neoclassical models use competitive markets and the optimization behavior of households and firms in general equilibrium framework. The emphasis here is on industry growth, where the microfoundations of industry are analyzed in terms of economic efficiency. The various linkages which link firm growth with the industry growth are discerned here under various market structures both competitive and monopolistic. The role of information in facilitating market signals and allowing the adoption of new processes has been especially emphasized in this volume. Many issues of market failure and the suboptimality of competitive equilibria are due to incomplete and imperfect information structures and we need a comprehensive theory of information structures underlying the process of industry growth and its dynamics. This book will be of interest to economists studying economic and industry growth and innovation.

Efficiency, Finance, and Varieties of Industrial Policy

2016-11-29 Business & Economics
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Release : 2016-11-29
Genre : Business & Economics
Kind : eBook
Book Rating : 771/5 ( reviews)

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Book Synopsis Efficiency, Finance, and Varieties of Industrial Policy by : Akbar Noman

Download or read book Efficiency, Finance, and Varieties of Industrial Policy written by Akbar Noman. This book was released on 2016-11-29. Available in PDF, EPUB and Kindle. Book excerpt: Industrial policy, once relegated to resource allocation, technological improvements, and the modernization of industries, should be treated as a serious component of sustainability and developmental economics. A rich set of complimentary institutions, shared behavioral norms, and public policies have sustained economic growth from Britain's industrial revolution onwards. This volume revisits the role of industrial policy in the success of these strategies and what it can offer developed and developing economies today. Featuring essays from experts invested in the expansion of industrial policies, topics discussed include the most effective use of industrial policies in learning economies, development finance, and promoting investment in regional and global contexts. Also included are in-depth case studies of Japan and India's experience with industrial policy in the banking and private sector. One essay revisits the theoretical and conceptual foundations of industrial policy from a structural economics perspective and another describes the models, packages, and transformation cycles that constitute a variety of approaches to implementation. The collection concludes with industrial strategies for facilitating quality growth, realizing more sustainable manufacturing development, and encouraging countries to industrialize around their natural resources.

Understanding Economic Growth

2011-01-15 Business & Economics
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Release : 2011-01-15
Genre : Business & Economics
Kind : eBook
Book Rating : 261/5 ( reviews)

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Book Synopsis Understanding Economic Growth by : Jati Sengupta

Download or read book Understanding Economic Growth written by Jati Sengupta. This book was released on 2011-01-15. Available in PDF, EPUB and Kindle. Book excerpt: Modern economies have undergone a dramatic change. There has been a shift from large scale material manufacturing to the design and application of new technology with R&D and human capital. The new information age has introduced significant productivity gains through increasing returns and learning by doing, which has challenged the traditional growth models based on competitive market structures. Institutions outside the traditional markets and the genetic principle of survival of the fittest have dominated the current theory of industry growth. This book coordinates and integrates the two strands of economic growth and development: the endogenous theory of growth and the extra-market models of evolutionary economics dominated by innovation efficiency. It presents this new paradigm in terms of both theory and historical experiences. The book addresses the role of innovations and human capital, the impact of information technology, the role of institutions as mechanisms of evolutionary economies and the experiences of Asian growth miracles, and will be of interest to readers in economics and political science concerned with economic growth and development.

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