Theoretical Issues in Development Economics

by Dutta, Bhaskar; Gangopadhyay, Subhashis; Mookherjee, Dilip; Ray, Debraj

• ISBN13: 9780195631715
• ISBN10: 0195631714
• Format: Hardcover
• Copyright: 1993-05-27
• Publisher: Oxford University Press

Summary

This work discusses the application of theoretical methods to economic development. The authors break their analysis into distinct sections--macroeconomics, industrial organization, planning and public policy, and intertemporal economics. In each section, they approach specific issues with a rigorous analysis, from the influence of Kalecki in macroeconomics to the design of a decentralized planning procedure to decide on resource allocation between public and private sectors. They also examine fundamental issues underlying well-known models of intertemporal behavior, both inter- and intragenerational. Discussing complex theories clearly related to problems of development, this work will interest students and scholars of development economics, and professionals involved in policy, economic research, and planning.

Table of Contents

List of Contributors
Foreword
Preface
Macroeconomics
Price-Income Fluctuations and Agricultural Shocks in a Semi-industrialized Economy	p. 3
The Macroeconomics of Price Control	p. 25
A Long-run Model of Economic Development	p. 52
Technical Progress, 'Elasticity Pessimism' and Terms of Trade of a Labour Surplus Peripheral Economy: A Macro-static Approach	p. 62
Industry
Technical Change and Market Expansion: Modelling Some Aspects of the Indian Experience	p. 87
Profitability and Concentration: Entry Deterrence in a Model of Location	p. 96
Product Differentiation and Congested Goods	p. 114
Learning-by-Doing and Industrial Market Structure: An Overview	p. 126
Planning and Public Policy
Cost-sharing Local Games in Dynamic Processes for Public Goods	p. 159
Implementation with Perfect Information: A Survey	p. 181
Government Policy for Foreign Direct Investment	p. 209
Some Results on the Transfer Problem in an Exchange Economy	p. 221
Intertemporal Economics
Core, Bounded Core and Efficiency in Overlapping Generations Economies	p. 247
Consistent Preferences and Intergenerational Equilibria in Markov Strategies	p. 263
Index	p. 289
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