This book is a unique blend of difference equations theory and its exciting applications to economics. It deals with not only theory of linear (and linearized) difference equations, but also nonlinear dynamical systems which have been widely applied to economic analysis in recent years. It studies most important concepts and theorems in difference equations theory in a way that can be understood by anyone who has basic knowledge of calculus and linear algebra. It contains well-known applications and many recent developments in different fields of economics. The book also simulates many models...

This book is concerned with dynamic relations between urban division of labor, division of consumption and determination of prices structure within a perfectly competitive framework in spatial economy. Our analytical framework examines the issues related to urban dynamics raised in the traditional urban economic theories and provides insights into the issues related to interdependence between knowledge creation and utilization and spatial economies examined by the new urban/regional economic theory. The comparative advantage of our theory is that in providing rich insights into the complex of...

This book is part of a broad examination of Confucianism and its implications for modernization of the Confucian regions (covering mainland China, Taiwan, Hong Kong, Macau, Vietnam, Japan, South Korea, North Korea, and Singapore). It is mainly concerned with the industrialization and modernization of Taiwan. To help readers understand the process of modernization, the book provides an introduction to the history of Taiwan and to Confucianism and its modern implications. As far as social and economic principles are concerned, Taiwan's modernization is, according to the author, characterized by...

Although the application of differential equations to economics is a vast and vibrant area, the subject has not been systematically studied; it is often treated as a subsidiary part of mathematical economics textbooks. This book aims to fill that void by providing a unique blend of the theory of differential equations and their exciting applications to dynamic economics. Containing not just a comprehensive introduction to the applications of the theory of linear (and linearized) differential equations to economic analysis, the book also studies nonlinear dynamical systems, which have only...

The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw...

Starting from a framework of traditional regional economic theories, this volume considers the dynamic relations between interregional division of labour, division of consumption and determination of prices structure, within a perfectly competitive framework in spatial economy.

The development of international trade theory has created a wide array of different theories, concepts and results. Nevertheless, trade theory has been split between partial and conflicting representations of international e- nomic interactions. Diverse trade models have co-existed but not in a structured relationship with each other. Economic students are introduced to international economic interactions with severally incompatible theories in the same course. In order to overcome incoherence among multiple theories, we need a general theoretical framework in a unified manner to draw...

This book constructs an economic theory which may be studied like the I Ching: it contains multiple patterns within a grand whole; it consists of multiple parts and each part represents itself as a consistent unity. The book is the key part of my economic theory with endogenous popUlation, capital, knowledge, preferences, sexual division of labor and consumption, institutions, economic structures and exchange values over time and space (Zhang, I 996a). It has taken me a long laborious process to systematize the ideas represented in this book: formulating the grand vision in Schumpeter's...

Why has Japanese industrialisation been so much faster than that of China? The relative economic development of Japan and China from similar nineteenth-century conditions are examined in broad philosophical, social, political and historical perspective. The book challenges a common assumption that Chinese Confucianism does not encourage modernisation, while Japanese Confucianism propelled industrialisation forward. It examines further reasons why Max Weber's judgement, 'the Chinese would be probably more capable than the Japanese, of assimilating capitalism', has not been borne out.