Preface; 1. Introduction; Part I. A Multi-Sector Model of Economic Growth: 2. Production in the short run; 3. The simplest case of economic expansion - population growth with constant returns to scale; 4. Technical change and the dynamics of demand; 5. A general multi-sector dynamic model; 6. The empirical significance of vertically integrated analysis; Part II. Economic Dynamics Theory: 7. The 'natural' features of a growing economic system; 8. The 'natural' rate of interest; 9. The accumulation of capital and related problems; 10. The structural dynamics of a growing economic system; 11. International economic relations; Index.
This book presents an original theoretical treatment of the problems of maintaining full employment in a multisector economic system
Review of the hardback: '... presents an important and powerful
vision ... an impressive and thought provoking book.' The
Review of the hardback: '... this book ... must be considered the most important contribution to this area since Joan Robinson's challenge to the profession in the 1956 publications, The Accumulation of Capital.' De Economist
'This is the culmination of Professor Pasinetti's work on growth and income distribution, to which he has already made such notable contributions. ... The book is written with the analytical clarity and penetration which Pasinetti's readers have come to expect.' The Economic Journal