Micro-macro interactions, growth and income distribution revisited

The international economy is marked by major asymmetries in technological capabilities and power, both at the domestic and international levels —a point emphasized by the structuralist tradition. These asymmetries strongly affect economic outcomes and place major constraints on economic policy. This...

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Autores principales:	Cimoli, Mario, Porcile, Gabriel
Formato:	Texto
Lenguaje:	English
Publicado:	CEPAL 2017
Materias:	MICROECONOMIA MACROECONOMIA CONDICIONES ECONOMICAS CRECIMIENTO ECONOMICO DISTRIBUCION DEL INGRESO SISTEMAS ECONOMICOS MICRO-ECONOMICS MACROECONOMICS ECONOMIC CONDITIONS ECONOMIC GROWTH INCOME DISTRIBUTION ECONOMIC SYSTEMS
Acceso en línea:	http://hdl.handle.net/11362/41854
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spelling	oai-11362-418542020-11-17T01:15:48Z Micro-macro interactions, growth and income distribution revisited Cimoli, Mario Porcile, Gabriel MICROECONOMIA MACROECONOMIA CONDICIONES ECONOMICAS CRECIMIENTO ECONOMICO DISTRIBUCION DEL INGRESO SISTEMAS ECONOMICOS MICRO-ECONOMICS MACROECONOMICS ECONOMIC CONDITIONS ECONOMIC GROWTH INCOME DISTRIBUTION ECONOMIC SYSTEMS The international economy is marked by major asymmetries in technological capabilities and power, both at the domestic and international levels —a point emphasized by the structuralist tradition. These asymmetries strongly affect economic outcomes and place major constraints on economic policy. This working paper discusses how the microeconomics of learning interacts with structural change and the evolution of aggregate demand to generate either virtuous paths of economic development or vicious circles of underdevelopment and lagging behind. Some implications of these growth paths for the international and domestic political economy are discussed. Abstract .-- Introduction .-- I. Rationality and institutions in an uncertain world .-- II. Learning and the co-evolution of capabilities and the production structure .-- III. Structural Inertia, Lock-in and Institutions .-- IV. Institutions and power: Schumpeterian political economy .-- V. Combining the supply side and the demand side: a graphic interpretation .-- VI. Concluding remarks. 2017-06-28T14:13:34Z 2017-06-28T14:13:34Z 2017-06 Texto Documento Completo http://hdl.handle.net/11362/41854 LC/TS.2017/55 en Serie Desarrollo Productivo 212 .pdf application/pdf AMERICA LATINA Y EL CARIBE LATIN AMERICA AND THE CARIBBEAN CEPAL
institution	Cepal
collection	Cepal
language	English
topic	MICROECONOMIA MACROECONOMIA CONDICIONES ECONOMICAS CRECIMIENTO ECONOMICO DISTRIBUCION DEL INGRESO SISTEMAS ECONOMICOS MICRO-ECONOMICS MACROECONOMICS ECONOMIC CONDITIONS ECONOMIC GROWTH INCOME DISTRIBUTION ECONOMIC SYSTEMS
spellingShingle	MICROECONOMIA MACROECONOMIA CONDICIONES ECONOMICAS CRECIMIENTO ECONOMICO DISTRIBUCION DEL INGRESO SISTEMAS ECONOMICOS MICRO-ECONOMICS MACROECONOMICS ECONOMIC CONDITIONS ECONOMIC GROWTH INCOME DISTRIBUTION ECONOMIC SYSTEMS Cimoli, Mario Porcile, Gabriel Micro-macro interactions, growth and income distribution revisited
description	The international economy is marked by major asymmetries in technological capabilities and power, both at the domestic and international levels —a point emphasized by the structuralist tradition. These asymmetries strongly affect economic outcomes and place major constraints on economic policy. This working paper discusses how the microeconomics of learning interacts with structural change and the evolution of aggregate demand to generate either virtuous paths of economic development or vicious circles of underdevelopment and lagging behind. Some implications of these growth paths for the international and domestic political economy are discussed.
format	Texto
author	Cimoli, Mario Porcile, Gabriel
author_facet	Cimoli, Mario Porcile, Gabriel
author_sort	Cimoli, Mario
title	Micro-macro interactions, growth and income distribution revisited
title_short	Micro-macro interactions, growth and income distribution revisited
title_full	Micro-macro interactions, growth and income distribution revisited
title_fullStr	Micro-macro interactions, growth and income distribution revisited
title_full_unstemmed	Micro-macro interactions, growth and income distribution revisited
title_sort	micro-macro interactions, growth and income distribution revisited
publisher	CEPAL
publishDate	2017
url	http://hdl.handle.net/11362/41854
work_keys_str_mv	AT cimolimario micromacrointeractionsgrowthandincomedistributionrevisited AT porcilegabriel micromacrointeractionsgrowthandincomedistributionrevisited
_version_	1718435061630500864

Micro-macro interactions, growth and income distribution revisited

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