Rent, Resources, Technologies
Author | : Alberto Quadrio Curzio |
Publisher | : Springer Science & Business Media |
Total Pages | : 264 |
Release | : 2013-03-09 |
ISBN-10 | : 9783662039458 |
ISBN-13 | : 3662039451 |
Rating | : 4/5 (451 Downloads) |
Download or read book Rent, Resources, Technologies written by Alberto Quadrio Curzio and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rent, resources, and technologies are three crucial issues to the understanding of history and economics. The scarcity of resources, its interplay with technology, and the role of rent in explaining both economic growth and income distribution are investigated by adopting a multi-sectoral and non-proportional model, where scarce resources impose several scale constraints that may slow growth, but may contribute to further development of new technologies. In this dynamic framework the category of rent acquires new dimensions with far-reaching implications for both the system of prices and the distribution of income. The analytical and formal-theoretical perspective of this book could be used as a basis for future historical and quantitative studies.