Technological and Social Factors in Long Term Fluctuations: Proceedings of an International Workshop Held in Siena, Italy, December 16–18, 1986

ISBN-13: 9783540506638 / Angielski / Miękka / 1988 / 442 str.

MASSIMO DI MATTEO;Richard M. Goodwin;Alessandro Vercelli

Opis

1. The Idea behind the workshop was that of calling attention to the necessity of studying long term tendencies In economic growth. We believe that actual growth processes In capitalistic economies are not smooth phenomena and also that the evolution of the economy Is characterized by long term fluctuations as well as by trade cycles. It Is now common place to argue that this point of view was revived after 1973 In consequence of the economic difficulties experienced by Industrialized countries while It has a much older origin as Its roots can be pushed back at least to the Great Depression of the 1930's. In preparing this workshop we selected two main approaches (as reflected In the title of this book) that have been proposed In the last ten years to deal with the causes of long term fluctuations, namely the ..technologlcal"' (or neo SchumpeterlanLapproach and the "'social"' approsch. What follows Is simply a rough characterization of the existing theoretical positions and It Is not meant to be an exhaustive one. The Interested reader will Immediately see that there are many differentiated positions by looking at the arguments contained In each contribution."

Spis treści

Theoretical Approaches.- Towards a Theory of Long Waves.- “Technological Revolution” as an Innovation Superwave in the World Technological Frontier Area.- An Endogenous Infrastructural Investment Cycle.- Wage Labour Nexus, Technology and Long Run Dynamics: an Interpretation and Preliminary Tests for US.- Social Institutions and Technical Change.- Custom and Innovation: Long Waves and Stages of Capitalist Development.- Some Demographic and Social Processes and the Problem of Kondratieff Cycle Periodicity.- Uncertainty, Technological Flexibility and Long Term Fluctuations.- Applied Analyses.- Long Waves in Economic Structure.- Technology, Structural Change and Long Term Fluctuations.- The Movement of Capital’s Composition: Long Term Fluctuations and Trend.- The South in the Long Wave.- Cyclical Behaviour of the Cost of Labour and Long Waves.- Labour’s Share, Growth and Structural Change: the Case of US Industrialisation.- What Makes Epochs? A Comparative Analysis of Technological and Social Explanations of Long Economic Swings.- Methodological and Historical Perspectives.- On Broken Trends, Random Walks and Non-Stationary Cycles.- Long Waves and the Uneven Development of Capitalism.- The Stages of Industrial Capitalism.- Financial and Technological Innovations during the Phases of Capitalist Development.- Early Discussions on Long Waves.- Technical Change and Depression in the 1930’s and 1980’s.