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Author: C. A. Tisdell
Publisher: Edward Elgar Publishing
ISBN: 1781002398
Category : Business & Economics
Languages : en
Pages : 337
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Book Description
'Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.' – Robert Costanza, Portland State University, US This thought-provoking book explores the influences of market competition and diverse behaviours of economic agents on economic performance, particularly dynamic economic performance. Clem Tisdell illustrates – within evolutionary, dynamic and static contexts – how diversity can improve or impede economic performance. He addresses the fact the role of diversity in improving economic performance has been neglected by economic theorists by making economic diversity a focal point of economic analysis. In particular, special attention is given to the value of economic diversity and economic imperfections in improving the performance of economic processes in particular identified situations. Limitations of using market-like mechanisms for managing public bodies and business firms are discussed and the value of business cooperation (economic mutualism) as a means for improving economic performance is examined. It is also observed that as economies develop, different forms of economic competition and business cooperation evolve. Challenging yet accessible, this book will prove a stimulating read for academics and students in the fields of economics, industrial organization and business and management.
Author: C. A. Tisdell
Publisher: Edward Elgar Publishing
ISBN: 1781002398
Category : Business & Economics
Languages : en
Pages : 337
Get Book Here
Book Description
'Ecological and economic systems share some fundamental characteristics that Clem Tisdell has beautifully illuminated. He has given us a much better handle on the roles of competition, diversity, evolution and sustainability in complex, interdependent ecological and economic systems. Our ability to build a sustainable and desirable future fundamentally depends on this integrated understanding.' – Robert Costanza, Portland State University, US This thought-provoking book explores the influences of market competition and diverse behaviours of economic agents on economic performance, particularly dynamic economic performance. Clem Tisdell illustrates – within evolutionary, dynamic and static contexts – how diversity can improve or impede economic performance. He addresses the fact the role of diversity in improving economic performance has been neglected by economic theorists by making economic diversity a focal point of economic analysis. In particular, special attention is given to the value of economic diversity and economic imperfections in improving the performance of economic processes in particular identified situations. Limitations of using market-like mechanisms for managing public bodies and business firms are discussed and the value of business cooperation (economic mutualism) as a means for improving economic performance is examined. It is also observed that as economies develop, different forms of economic competition and business cooperation evolve. Challenging yet accessible, this book will prove a stimulating read for academics and students in the fields of economics, industrial organization and business and management.
Author: Sigrid Quack
Publisher: John Benjamins Publishing
ISBN: 9781556197468
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
Why are some firms successful on global markets whilst others are not? In this collection of papers, a group of distinguished international researchers examine the inter-relationship between national context, firm performance and global competitiveness. In a series of empirical studies covering major industries (such as banking, telecommunications, construction, automobiles, and airlines) in a number of European countries (Great Britain, France, Germany, Holland, Finland, Slovenia), the studies show how distinctive patterns of firm competences and capabilities arise from national contexts. These influence the way in which firms perform in response to changing technologies and competitive pressures. Thus the impact of the globalisation of economic activity may be to reinforce existing national differences in firm performance rather than producing a homogenisation and standardisation. This book will be of interest to researchers in business and management, sociology, economics and political science for its comparative organizational approach to problems of economic performance.
Author: Clement A. Tisdell
Publisher: Edward Elgar Publishing
ISBN: 1785362682
Category : Business & Economics
Languages : en
Pages : 432
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Book Description
The stock of the world’s biological diversity and the state of its ecosystems are major determinants of the availability of commodities, both essential and desirable, for human life. This leading-edge study provides an overarching and balanced approach to the economics of biological conservation; considering man made and natural components, and their interdependence. Recognising the deficiencies of many contemporary studies, which focus almost entirely on natural capital, Clement Tisdell utilizes the concept of heritage biological capital, including germplasm, as part of his analysis of changes in the stock of biological capital. This comprehensive synthesis casts doubt upon some propositions and policies for resource conservation recommended by eminent ecologists in areas such as GM crops and livestock husbandry as well as agroecosystems and the concept of sustainable agricultural intensification. The propositions presented are lent strength by the author’s decision to relate his analysis to pertinent contemporary institutional developments and scientific advances. The broad scope and rational scepticism with which this book has been compiled make it an ideal read for economists interested in ecological and environmental economics, natural scientists with an interest in biodiversity conservation and higher level policy makers in ecological and environmental fields.
Author: Hiroyuki Hino
Publisher: Cambridge University Press
ISBN: 1107025990
Category : Business & Economics
Languages : en
Pages : 355
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Book Description
A challenge to the conventional idea that ethnic diversity is an important cause of Africa's poor economic performance.
Author: Philippe Aghion
Publisher: MIT Press
ISBN: 0262553104
Category : Business & Economics
Languages : en
Pages : 519
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Book Description
A comprehensive, rigorous, and up-to-date introduction to growth economics that presents all the major growth paradigms and shows how they can be used to analyze the growth process and growth policy design. This comprehensive introduction to economic growth presents the main facts and puzzles about growth, proposes simple methods and models needed to explain these facts, acquaints the reader with the most recent theoretical and empirical developments, and provides tools with which to analyze policy design. The treatment of growth theory is fully accessible to students with a background no more advanced than elementary calculus and probability theory; the reader need not master all the subtleties of dynamic programming and stochastic processes to learn what is essential about such issues as cross-country convergence, the effects of financial development on growth, and the consequences of globalization. The book, which grew out of courses taught by the authors at Harvard and Brown universities, can be used both by advanced undergraduate and graduate students, and as a reference for professional economists in government or international financial organizations. The Economics of Growth first presents the main growth paradigms: the neoclassical model, the AK model, Romer's product variety model, and the Schumpeterian model. The text then builds on the main paradigms to shed light on the dynamic process of growth and development, discussing such topics as club convergence, directed technical change, the transition from Malthusian stagnation to sustained growth, general purpose technologies, and the recent debate over institutions versus human capital as the primary factor in cross-country income differences. Finally, the book focuses on growth policies—analyzing the effects of liberalizing market competition and entry, education policy, trade liberalization, environmental and resource constraints, and stabilization policy—and the methodology of growth policy design. All chapters include literature reviews and problem sets. An appendix covers basic concepts of econometrics.
Author: Gianmarco I. P. Ottaviano
Publisher: World Scientific Studies in In
ISBN: 9789811233388
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Globalization is a complex phenomenon involving the mobility of goods, capital, labour and ideas across country borders. From an economic point of view, two waves of globalization have been identified by scholars so far. The first wave materialized between the second half of the Nineteenth century and WWI; the second wave rose after WWII and gained momentum at the end of the Twentieth century before slowing down in the aftermath of the global financial crisis due to renewed protectionist pressures. This collection of essays studies the implications of this second wave of globalization for national economic performance. In doing so, it takes a bottom-up approach, building up the macroeconomic trajectories from the microeconomic effects of globalization on firms and workers. The collected essays highlight the asymmetry of responses across firms and workers between and within industries as well as territories, thus explaining the forces behind the emergence of 'winners' and 'losers' from globalization. The collection shows how state-of-the-art models of international economics and economic geography can be brought to life by addressing several topical issues in the public debate, ranging from regional growth and regional decline to international competition and creative destruction, from innovation patterns to cultural diversity and from immigration to offshoring.
Author: David B. Audretsch
Publisher: Oxford University Press
ISBN: 019029311X
Category : Business & Economics
Languages : en
Pages : 240
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Book Description
By serving as a conduit for knowledge spillovers, entrepreneurship is the missing link between investments in new knowledge and economic growth. The knowledge spillover theory of entrepreneurship provides not just an explanation of why entrepreneurship has become more prevalent as the factor of knowledge has emerged as a crucial source for comparative advantage, but also why entrepreneurship plays a vital role in generating economic growth. Entrepreneurship is an important mechanism permeating the knowledge filter to facilitate the spill over of knowledge and ultimately generate economic growth.
Author: Clement A. Tisdell
Publisher: Taylor & Francis
ISBN: 1000910628
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Drawing on modern economic theory, this book provides new insights into the economic development of ancient economies and the sustainability of their development. The book pays particular attention to the economics of hunting and gathering societies and their diversity. New ideas are presented about theories of the transition from hunting and gathering to agriculture, including Childe’s theory of this development. The Agricultural Revolution was a major contributor to economic development because in most cases, it generated an economic surplus. However, as shown, income inequality was a necessary condition for the use of this surplus to promote economic development and to avoid the Malthusian population trap. This inequality was evident in the successful operation of the palatial economies of the Minoan and Mycenaean states. Nevertheless, some post-agricultural economies proved to be unsustainable, and they ‘mysteriously’ disappeared. This happened in the case of the Silesian Únětice culture and population. Economic and ecological reasons for this are suggested. The nature of economic development altered with increased trade, the use of barter, and subsequently the supply of money to facilitate this trade. These developments are examined in the context of the palatial economies of Mesopotamia and Egypt. Elsewhere, multinational business made a substantial contribution to the economic growth of Phoenicia, where international trade was not determined by its natural resource endowments. Thus, Phoenician economic exchange and development provides a different set of insights. The book makes an important contribution to the understanding of the evolution of human societies and will therefore be of interdisciplinary interest including economists (especially economic historians), anthropologists and sociologists, some archaeologists, and historians.
Author: Clement A. Tisdell
Publisher: Edward Elgar Publishing
ISBN: 1800377843
Category : Business & Economics
Languages : en
Pages : 160
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Book Description
Offering a concise and engaging overview of the concepts of bounded rationality and their applications, this stimulating Advanced Introduction engages with the topic in a constructively critical manner, introducing new ideas. Chapters cover key topics including: optimally imperfect decisions; ecological rationality; the role of bounded rationality in evolutionary economics; satisficing as a response to bounded rationality; desirable types of economic decisions; the relational exercise of foresight; and the impact of bounded rationality of the efficiency of organizations.
Author: Riccardo Crescenzi
Publisher: Springer Science & Business Media
ISBN: 3642333958
Category : Business & Economics
Languages : en
Pages : 434
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Book Description
The book aims to present “traditional features” of regional science (as geographical concepts and institutions), as well as relatively new topics such as innovation and agglomeration economies. In particular it demonstrates that, contrary to what has been argued by recent economics literature, both geography and institutions (or culture) are relevant for local development. In fact, these phenomena, along with the movement of goods and workers, are among the main reasons for persisting development differentials. These intriguing relationships are at the heart of the analysis presented in this book and form the conceptual basis for a promising institutional approach to economic geography.
