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Growth, Unemployment and Deindustrialization - Henri De Groot

Growth, Unemployment and Deindustrialization

Hardcover ISBN: 9781840642636
Number Of Pages: 336

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Contents: 1. Growth, Unemployment and Deindustrialization: An Introduction Part I: Relative Productivity and Unemployment 2. Unemployment and Catching Up: Europe vis-Á-vis the USA 3. Macroeconomic Consequences of Downsizing 4. Catching Up and the Changing Sectoral Composition of a Small Open Economy Part II: Growth and Unemployment 5. Unemployment, Growth and Efficiency Wages 6. Unemployment, Growth and Trade Unions Part III: Sectoral Structure and Growth 7. The Determination and Development of Sectoral Structures 8. The Macroeconomic Consequences of Outsourcing 9. Optimal Sectoral Structure and Economic Policy 10. Summary and Conclusions References Index.

List of Figuresp. ix
List of Tablesp. xi
List of Symbols Used in Parts I and IIp. xiii
Acknowledgementsp. xv
Growth, Unemployment and Deindustrialization: An Introductionp. 1
Motivationp. 1
Unemployment and growthp. 5
Sectoral structure and growthp. 12
Organization and contents of the bookp. 16
Relative Productivity and Unemployment
Unemployment and Catching Up: Europe vis-a-vis the USAp. 39
Introductionp. 39
A dual economyp. 41
The allocation of labourp. 47
Relative convergencep. 52
Conclusionp. 56
Producer behaviourp. 57
Solution under asymmetriesp. 58
Macroeconomic Consequences of Downsizingp. 61
Introductionp. 61
Downsizing and growthp. 64
Downsizing and unemploymentp. 73
Conclusionp. 80
Mathematics of the modelp. 81
Catching Up and the Changing Sectoral Composition of a Small Open Economyp. 95
Introductionp. 95
The modelp. 97
Solution of the modelp. 100
Conclusionp. 116
Financial equilibrium during transitionp. 117
Growth and Unemployment
Unemployment, Growth and Efficiency Wagesp. 123
Introductionp. 123
A model of RandD and unemployment in a dual economyp. 125
The steady state of the modelp. 135
Properties of the model under the regime of free entryp. 138
Properties of the model under the regime of blocked entryp. 143
Conclusionp. 147
Derivation of equations (5.11)-(5.15)p. 149
Solution of the complete modelp. 151
Some numerical simulationsp. 157
Unemployment, Growth and Trade Unionsp. 165
Introductionp. 165
Consumer and producer behaviourp. 167
The labour market of the modelp. 170
Endogenous growth and equilibrium unemploymentp. 176
Extensions and generalization of the modelp. 181
Conclusionsp. 186
Sectoral Structure and Growth
The Determination and Development of Sectoral Structuresp. 193
Introductionp. 193
Empirical evidencep. 194
A simple modelp. 200
The two-sector version of the modelp. 203
The model in a multi-sector contextp. 207
Conclusionsp. 213
Derivation of demand functionsp. 214
The Macroeconomic Consequences of Outsourcingp. 218
Introductionp. 218
The modelp. 222
Outsourcing and welfare: growth versus product diversityp. 233
Some applicationsp. 240
Extensions of the modelp. 242
Conclusionsp. 244
Solution of the model under alternative modes of governancep. 245
Derivation of figure 8.1p. 248
Internalization of the consequences of outsourcing for internal organizationp. 249
Optimal Sectoral Structure and Economic Policyp. 254
Introductionp. 254
The modelp. 257
Solution of the modelp. 261
Optimal product varietyp. 263
The optimal number of permitsp. 269
Knowledge spill-overs and welfarep. 272
Conclusionp. 281
Solution of the modelp. 281
The first-best social optimump. 283
Decentralization of the first-best social optimump. 284
The blocked entry model (N fixed)p. 285
Numerical simulations with extended knowledge basep. 287
Summary and Conclusionsp. 292
Referencesp. 301
Indexp. 313
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9781840642636
ISBN-10: 1840642637
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 336
Publisher: Edward Elgar Publishing Ltd
Country of Publication: GB
Dimensions (cm): 24.77 x 17.15  x 2.54
Weight (kg): 0.59

Earn 503 Qantas Points
on this Book