
Development Economics
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Content
- Intro
- Contents
- List of Figures
- List of Tables
- Introduction
- Scope of development economics
- Organization of the book
- 1. A Theoretical Framework for Economic Development
- 1.1 Development of the Social System
- 1.1.1 A model of dialectic social development
- 1.1.2 A historical example
- 1.1.3 Marx and new institutionalism
- 1.2 The Theory of Induced Innovation*
- 1.2.1 Induced technological innovation
- 1.2.2 Induced institutional innovation
- 1.2.3 Logic of political market
- 1.2.4 Historical path dependency
- 1.3 Developing Economies in the Light of the Theoretical Framework
- 2. A Comparative Perspective on Developing Economies
- 2.1 Economic Growth and Structural Change
- 2.1.1 Per capita GNP and its growth
- 2.1.2 Changes in industrial structure
- 2.2 Investment, Saving, and Prices
- 2.2.1 Investment and saving in economic growth
- 2.2.2 External debt and inflation
- 2.3 Accumulation of Human Capital
- 2.3.1 Improvements in education and health
- 2.3.2 Regional differences in the level of education
- 2.4 Population, Natural Resources, and Foods
- 2.4.1 Population pressure on natural resources
- 2.4.2 Population growth vs. food supply
- 3. Population Growth and the Constraint of Natural Resources
- 3.1 Population Growth in Economic Development
- 3.1.1 Historical changes in world population
- 3.1.2 Demographic transition
- 3.1.3 The case of India
- 3.2 Economic Theories of Population Growth
- 3.2.1 The Malthus model
- 3.2.2 The household utility maximization model*
- 3.3 Theories of Resource Constraint on Economic Growth
- 3.3.1 From Malthus to the Club of Rome
- 3.3.2 The Ricardo model*
- 3.3.3 The dual economy model*
- 4. Breaking the Resource Constraint
- 4.1 Potential of Science-Based Agriculture
- 4.2 A Perspective on the Green Revolution
- 4.2.1 Development and diffusion of modern varieties
- 4.2.2 Conditions of technology transfer
- 4.2.3 External and internal land augmentation
- 4.3 Barriers to Induced Innovation
- 4.3.1 Problems in Africa
- 4.3.2 Whither the Green Revolution?
- 4.4 Development via Natural Resource Slack
- 4.4.1 Colonialism and the vent-for-surplus theory
- 4.4.2 The staple theory
- 4.4.3 The Dutch disease
- 5. Capital Accumulation in Economic Development
- 5.1 From Adam Smith to Marx
- 5.1.1 Capital in Adam Smith
- 5.1.2 Ricardo revisited
- 5.1.3 The Marx model of capitalist development*
- 5.2 Development Theories and Policies after World War II
- 5.2.1 The theory of balanced growth
- 5.2.2 Application of the Harrod-Domar model*
- 5.2.3 The model of low-equilibrium trap*
- 5.2.4 Development theories and policy choice
- 5.3 Neoclassical Production Function and Growth Model
- 5.3.1 Different assumptions of the production function
- 5.3.2 The Solow-Swan model
- 5.4 Growth Accounting Test
- 5.4.1 The growth-accounting equation
- 5.4.2 Sources of modern economic growth
- 5.5 Changes in the Pattern of Economic Growth
- 5.5.1 A historical extension of growth-accounting
- 5.5.2 A trap in the Marx-type growth
- 6. Patterns and Sources of Technological Progress
- 6.1 The Marx vs. the Kuznets Pattern of Economic Growth
- 6.1.1 Stylization of the two patterns
- 6.1.2 Trends in the rates of saving, interest, and wages
- 6.2 Technological Conditions of the Two Growth Patterns
- 6.2.1 The shift in the industrial technology regime
- 6.2.2 The shift in the demand structure
- 6.2.3 Borrowed technology and the Marx-type growth
- 6.3 Searching for the Sources of Technological Progress
- 6.3.1 Accounting for TFP growth*
- 6.3.2 Increasing returns and the endogenous growth model*
- 6.3.3 Schumpeter and centrally planned economies
- 6.3.4 Institutional conditions of borrowing technology
- 7. Income Distribution and Environmental Problems
- 7.1 Economic Growth and Income Distribution
- 7.1.1 Personal distribution and functional distribution
- 7.1.2 Indicators of inequality
- 7.1.3 The inverted-U-shape hypothesis
- 7.2 Causes of Inequality
- 7.2.1 Changes in factor shares
- 7.2.2 The dual economic structure
- 7.2.3 Agriculture-non-agriculture income differential
- 7.2.4 On the redistribution of incomes and assets
- 7.3 Economic Stagnation and Poverty
- 7.3.1 Income distribution effects of the Green Revolution
- 7.3.2 A comparison of two villages in Indonesia
- 7.4 Environmental Problems in Economic Development
- 7.4.1 The core of environmental problems
- 7.4.2 Rural poverty and environmental destruction
- 7.4.3 Industrialization and environmental pollution
- 7.4.4 Lowering the peak of the inverted-U-shape curve
- 7.4.5 Toward global co-ordination
- 8. Market and State
- 8.1 The Economic Functions of the Market and the State
- 8.1.1 Efficiency of the competitive market
- 8.1.2 Market failure
- 8.1.3 Government failure
- 8.1.4 On the choice of economic system
- 8.2 Around the Infant Industry Protection Argument
- 8.2.1 Market failure in dynamic economy
- 8.2.2 Ricardo vs. List
- 8.2.3 The Listian trap
- 8.2.4 The import-substitution industrialization policy
- 8.3 The Rise and Fall of Developmentalist Models
- 8.3.1 The limit of information and the role of ideology
- 8.3.2 Defeat of the old developmental market economies
- 8.3.3 Collapse of the centrally planned economies
- 8.3.4 Trap of populism
- 8.4 Success and Failure of the New Developmental Market Economies
- 8.4.1 The system of new developmental market economies
- 8.4.2 The source of success
- 8.4.3 Beyond achieving the catch-up goal
- 8.5 Emergence of a New Paradigm
- 8.5.1 The structural adjustment policy by IMF and the World Bank
- 8.5.2 Renaissance of Latin America?
- 8.5.3 On the effectiveness of structural adjustment policy
- 8.6 The Financial Crisis in Asia
- 8.6.1 Two alternative hypotheses
- 8.6.2 Macroeconomic observations
- 8.6.3 Nature and process of the crisis
- 8.6.4 Market failure vs. government failure
- 8.6.5 The Washington Consensus and the East Asian model
- 9. The Role of Community in Economic Development
- 9.1 The Economic Functions of Community
- 9.1.1 Prisoner's dilemma
- 9.1.2 Trust as a social capital
- 9.1.3 Supply of local public goods
- 9.2 Rural Organization in Developing Economies
- 9.2.1 Dominance of peasants
- 9.2.2 Management of common-property resources
- 9.2.3 Landlord-tenant relations
- 9.3 Economic Rationality in Community: A Perspective from Philippine Villages
- 9.3.1 Labour hiring by peasants
- 9.3.2 Income and work-sharing
- 9.3.3 Changes in the sharing system
- 9.3.4 The role of community norm
- 9.3.5 Egoism and altruism
- 9.4 The Community Failure and its Correction
- 9.4.1 Localized trust and cooperation
- 9.4.2 Mutual cover-up and logrolling
- 9.4.3 Is community inflexible?
- 10. Tradition and Modernization: A Concluding Remark
- 10.1 Institutional Innovation for Technology Borrowing
- 10.2 The Experience of Japan
- 10.3 Multiple Paths to Economic Modernization
- Appendix: Theoretical Supplements to Technological Progress
- A.1 Increases in the capital-labour ratio and shifts in production function
- A.2 The classification of technological change
- A.3 Changes in the trends of factor prices and factor shares
- A.4 Possibilities for induced innovation
- A.5 Interpretation by the meta-production function
- A.6 Mathematical analysis of changes in factor shares
- Bibliography
- Index of Names
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
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- P
- Q
- R
- S
- T
- V
- W
- Y
- Index of Subjects
- A
- B
- C
- D
- E
- F
- G
- H
- I
- J
- K
- L
- M
- N
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- U
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- W
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