Thijs ten Raa, author of the acclaimed text "The Economics of Input-Output Analysis", now takes the reader to the forefront of the field. This volume collects and unifies his and his co-authors' research papers on national accounting, input-output coefficients, economic theory, dynamic models, stochastic analysis, and performance analysis. The research is driven by the task to analyze national economies. The final part of the book scrutinizes the emerging Asian economies in the light of international competition.

This applied, practical approach to environmental economic theory is ideal, even if you have minimal economics exposure. The text's strong focus on policy and solid economic theory combines with timely real applications. You gain a clear perspective of the relationship between market activity and the environment with a robust business perspective that's often overlooked in other similar texts. The book emphasizes the use of economic analytical tools, such as market models, benefit-cost analysis, and risk analysis, to assess environmental problems and evaluate policy solutions.

This textbook provides a systematic survey of the most recent developments in input-output analysis and their applications, helping us to examine questions such as: Which industries are competitive? What are the multiplier effects of an investment program? How do environmental restrictions impact on prices? Linear programming and national accounting are introduced and used to resolve issues such as the choice of technique, the comparative advantage of a national economy, its efficiency and dynamic performance. Technological and environmental spillovers are analyzed, both at the national level (between industries) and the international level (the measurement of globalization effects).

Published originally in 1990 to critical acclaim, Robert Wade's Governing the Market quickly established itself as a standard in contemporary political economy. In it, Wade challenged claims both of those who saw the East Asian story as a vindication of free market principles and of those who attributed the success of Taiwan and other countries to government intervention. Instead, Wade turned attention to the way allocation decisions were divided between markets and public administration and the synergy between them. Now, in a new introduction to this paperback edition, Wade reviews the debate about industrial policy in East and Southeast Asia and chronicles the changing fortunes of these economies over the 1990s. He extends the original argument to explain the boom of the first half of... Less

Model Building is the most fruitful area of economics, designed to solve real-world problems using all available methods such as mathematical, computational and analytical, without distinction. Wherever necessary, we should not be reluctant to develop new techniques, whether mathematical or computational. That is the philosophy of this volume. The volume is divided into three distinct parts: Methods, Theory and Applications. The Methods section is in turn subdivided into Mathematical Programming and Econometrics and Adaptive Control System, which are widely used in econometric analysis. The impacts of fiscal policy in a regime with independent monetary authority and dynamic models of environmental taxation are considered. In the section on "Modelling Business Organization", a model... Less

This collection of writings provides the only comprehensive introduction to the input-output model for which Leontief was awarded the Nobel Prize in 1973. The structural approach to economics developed by Leontief, and known as input-output analysis, paved the way for the transformation of economics into a truly empirical discipline that could utilize modern data processing technology. This thoroughly revised second edition includes twenty essays--twelve of which are new to this edition--that reflect the past developments and the present state of the field. Beginning with an introductory chapter, the book leads the reader into an understanding of the input-output approach--not only as formal theory but also as a research strategy and powerful tool for dealing with a complex modern... Less

For some time Japan has been under fire for adjusting too slowly to new realities. While this criticism may be valid on some levels, Japan has been transforming in tandem with both regional and global forces. However, these changes have been largely overshadowed by the immense changes in Asia; including the rise of China, the 1997 Southeast Asian financial crisis and North Korea's development of nuclear weapons. Has Japan, the world's second largest economy, only been muddling through? In this volume the contributors show that although the challenges faced are great, Japan is changing in areas ranging from political leadership, education policy, official development assistance, peace building and security, to defence production, business associations and innovation policy. The book... Less

Economics has become a monolithic science, variously described as formalistic and autistic with neoclassical orthodoxy reigning supreme. So argue Dimitris Milonakis and Ben Fine in this new major work of critical recollection. The authors show how economics was once rich, diverse, multidimensional and pluralistic, and unravel the processes that lead to orthodoxy’s current predicament. The book details how political economy became economics through the desocialisation and the dehistoricisation of the dismal science, accompanied by the separation of economics from the other social sciences, especially economic history and sociology. It is argued that recent attempts from within economics to address the social and the historical have failed to acknowledge long standing debates amongst... Less

Much orthodox economic theory is based on assumptions which are treated as self-evident: supply and demand are regarded as independent entities, the individual is assumed to be a rational agent who knows his interests and how to make decisions corresponding to them, and so on. But one has only to examine an economic transaction closely, as Pierre Bourdieu does here for the buying and selling of houses, to see that these abstract assumptions cannot explain what happens in reality. As Bourdieu shows, the market is constructed by the state, which can decide, for example, whether to promote private housing or collective provision. And the individuals involved in the transaction are immersed in symbolic constructions which constitute, in a strong sense, the value of houses, neighbourhoods and... Less

The new economic sociology is based on the theory that patterns of economic behavior are shaped by social factors. "The Sociology of the Economy" brings together a dozen path-breaking empirical studies that explore how social forces—such as shifts in political power, the influence of social networks, or the spread of new economic ideas—shape real-world economic behavior. The contributors—all leading economic sociologists— show these social forces at work in a diverse range of international settings and historical circumstances. Examining why so many American banks followed industry leaders into foreign markets in the 1970s, only to pull back within a few years, Mark Mizruchi and Gerald Davis suggest that social emulation rather than rational calculation led banks to expand globally... Less

Features: Sometimes history misplaces or forgets important people who dreamed, fought, served, made changes in our lives, and affected history's path. In this exciting new collection/revue, we are introduced through story and song to ten African Americans whose contributions to society, culture, our nation, and the world should be celebrated and never forgotten. Included are: The Soldier - Henry Johnson; The Activist - A. Phillip Randolph; The Journalist - John Russwurm; The Fighter - Jack Johnson; The Singer - Mamie Smith; The Film Maker - Oscar Micheaux; The Politician - P.B.S. Pinchback; The Preacher - Adam Clayton Powell; The Entrepreneur - Madame C.J. Walker; and The Explorer - Matthew Alexander Henson. The narrative script is a terrific teaching tool, providing interesting facts... Less

Written by four recognized experts with senior experience in research and government, this text is the first comprehensive survival kit for students and practitioners of economic policy. It is set to become an indispensable resource for everyone involved or interested in modern economic policy. Academic scholars willing to engage in policy discussions and students at graduate or advanced undergraduate levels will find it an essential bridge to the policy world.What makes the book unique is that it combines like no other, facts-based analysis, state-of-the art theories and models, and insights from first-hand policy experience at national and international levels. The book has grown out of ten years of experience teaching economic policy at the graduate level. It provides an intellectually... Less

One of the first U.S. economic history books on the market, this classic text ties America's past to the economic policies and debates of today and beyond. Presenting economic events chronologically for ease of understanding and to provide continuity, the authors equip students with a firm foundation in the evolution of American economic history.

This book seeks to elucidate its subject - the governing of democratic state - by making intelligible the party politics of democracies. Downs treats this differently than do other students of politics. His explanations are systematically related to, and deductible from, precisely stated assumptions about the motivations that attend the decisions of voters and parties and the environment in which they act. He is consciously concerned with the economy in explanation, that is, with attempting to account for phenomena in terms of a very limited number of facts and postulates. He is concerned also with the central features of party politics in any democratic state, not with that in the United State or any other single country. I. BASIC STRUCTURE OF THE MODEL. 1. Introduction. 2. Party... Less

This book critically examines the geopolitical and economic contexts of the region's export-oriented industrialization . The first part of the book focuses on the global and regional elements of the economic system and recent geo-politics. The second part of the book focuses on the domestic actors and institutions which played critical roles in the miracle economies of East Asia. This collection of original papers describes the economic developments and environment that underlie the East Asian NICs. Through a comparison of the Four Tigers - South Korea, Taiwan, Hong Kong, and Singapore - the contributors deliver a case-oriented study that explains the region's most successful economies. This book is the first region-wide comparative study to provide readers with country-specific... Less

Economics, as intellectual discourse, is not a settled body of principles; it is a heterogeneous discipline with numerous traditions, each based on a cluster of theories. Ekelund and Hébert, experienced researchers and educators, balance continuity and consensus in the evolution of economic theory with alternative points of view about the nature, scope, and method of economic inquiry. Their creative approach gives readers a feel for the thought processes of the great minds in economics and underscores key ideas impacting contemporary thought and practice. Building on the solid foundation of previous editions, the fifth edition of A History of Economic Theory and Method presents an updated and expanded examination of the essential theoretical elements of an economy and the numerous... Less

Virtually all industrialized nations have annual per capita incomes greater than $15,000; meanwhile, over three billion people, more than half the worlds population, live in countries with per capita incomes of less than $700. Development economics studies the economies of such countries and the problems they face, including poverty, chronic underemployment, low wages, rampant inflation, and oppressive international debt. In the past two decades, the international debt crisis, the rise of endogenous growth theory, and the tremendous success of some Asian economies have generated renewed interest in development economics, and the field has grown... Less

In modern economies a substantial proportion of resources is increasingly allocated to transaction costs. An improvement in the definition of transaction costs to include both the information role and efficiency role requires an integration of the approaches of positive economics and normative economics. In The Economics of Transaction Costs P.K. Rao provides a comprehensive analytical treatment of the subject and suggests a few directions for formal economic models.

Ten years after the Asian Financial Crisis of 1997, East Asia is a region of dynamic growth and East Asian economies are striding again. However, no one calls the dynamic growth of East Asia a miracle anymore; it is a fact of economic life in today s world. Uncertainty obviously abounds around the future of East Asian economies, especially China s, but it has become an assumption of many business people and politicians that economies in East Asia will continue to be one of the centers of the world economy. These developments, the re-establishment of East Asia as a center of global economic growth and the emergence of regionalism, are important not only for East Asia itself but also for the entire world, including the United States. The purpose of this volume is to demonstrate how... Less

The future growth and development of Asia -- the most dynamic economic region in the world today -- will have important implications for the rest of the global economy. This book offers a futuristic perspective of a wide array of developmental challenges and opportunities facing Asian economies over the next two decades. The future is approached from several different developmental paradigms including technological change and innovation, regional cooperation within Asia and between Asia and the West, poverty reduction, ethics and corruption, and environmental challenges. Future prospects for the two giant economies of China and India are also explored. By offering a comprehensive look at the medium-term future of Asia from such a wide range of different viewpoints, this fascinating book... Less

Industrial Ecology (IE) is an emerging multidisciplinary field. University departments and higher education programs are being formed on the subject following the lead of Yale University, The Norwegian University of Science and Technology (NTNU), Leiden University, University of Michigan at Ann Arbor, Carnegie Mellon University, University of California at Berkeley, Institute for Superior Technology in Lisbon, Eidgenössische Technische Hochschule (ETH) Zürich, and The University of Tokyo. IE deals with stocks and flows in interconnected networks of industry and the environment, which relies on a basic framework for analysis. Among others, Input-Output Analysis (IOA) is recognized as a key conceptual and analytical framework for IE. A major challenge is that the field of IOA manifests a... Less

Provides an applied, practical approach to environmental economic theory that is accessible to students who have had minimal exposure to economics as well as those with an advanced understanding. With a strong focus on policy and real-world issues, Callan/Thomas's ENVIRONMENTAL ECONOMICS AND MANAGEMENT: THEORY, POLICY AND APPLICATIONS, Fifth Edition, complements economic theory with timely, real-world applications. Undergraduate or MBA students gain a clear perspective of the relationship between market activity and the environment. This text integrates a strong business perspective into the development of environmental decision making for a unique vantage point often overlooked in more conventional approaches. Students learn to use economic analytical tools, such as market models,... Less

Public economics studies how government taxing and spending activities affect the economy-- economic efficiency and the distribution of income and wealth. This comprehensive text in public economics covers the core topics market failure and taxation as well as recent developments in the political economy and public choice literatures. It is unique not only in its broad scope but in its balance between public finance and public choice and its combination of theory and relevant empirical evidence.After introducing the theory and methodology of public economics and reviewing the efficiency of the competitive equilibrium, the book presents a ... Less

Catastrophes have had a more devastating impact on insurers over the past 15 years than in the entire history of insurance. Despite its rapidly developing economies and cutting-edge technological base, catastrophes particularly blight the Asian continent. Natural hazards such as earthquakes, floods, tsunamis, typhoons and volcanoes affect the whole region, from the simplest to the most complex infrastructures, and both the new engines of growth and the largest Asian economies. Consequently Asia, especially China, India and Japan, constitutes a major growing market for catastrophe insurance. This comprehensive book presents a range of perspectives on natural hazards risk and alternative risk transfer (ART) from academia (such as Beijing, Kyoto and Cambridge universities), government... Less

A complete discussion of MIMO communications, from theory to real-world applicationsThe emerging wireless technology Wideband Multiple-Input, Multiple-Output (MIMO) holds the promise of greater bandwidth efficiency and wireless link reliability. This technology is just now being implemented into hardware and working its way into wireless standards such as the ubiquitous 802.11g, as well as third- and fourth- generation cellular standards. Multiple-Input Multiple-Output Channel Models uniquely brings together the theoretical and practical aspects of MIMO communications, revealing how these systems use their multipath diversity to increase channel capacity. It gives the reader a clear understanding of the underlying propagation mechanisms in the wideband MIMO channel, which is fundamental... Less