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Item Details
Title: KNOWLEDGE-BASED ECONOMIES
MODELS AND METHODS
By: Wladyslaw Welfe (Editor)
Format: Paperback

List price: £51.30
Our price: £46.17
Discount:
10% off
You save: £5.13
ISBN 10: 3631579810
ISBN 13: 9783631579817
Availability: This item will be printed on demand and will usually be dispatched within 10 days.
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Publisher: PETER LANG AG
Pub. date: 22 October, 2009
Pages: 216
Description: Translation of: Gospodarka oparta na wiedzy.
Synopsis: Growth of "new" market economies is associated with rapid expansion of knowledge capital. It leads to the emergence of knowledge-based economies. As the literature broadly uses international cross-section samples to study the role of knowledge capital, we tried to recapitulate on the results of this research. However, our main aim was to show how they can be applied to analyse the growth of single economies and develop scenarios for the next 20 to 30 years. Extended production functions with endogenous TFP determined by knowledge capital generate potential output that may considerably differ from effective output. This calls for constructing complete models, addressing both final demand and total supplies. Their suggested structure is presented using the annual long-term macro-econometric models W8D of Polish economy.
Publication: Switzerland
Imprint: Peter Lang AG
Returns: Returnable
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