Advertisement

Pasinetti on Structural Economic Dynamics and on the Pure Labour Theory of Value

  • Mauro L. Baranzini
  • Amalia Mirante
Chapter
Part of the Palgrave Studies in the History of Economic Thought book series (PHET)

Abstract

Baranzini and Mirante stress how up to 1962 economic theory did not offer an analysis of ‘structural economic dynamics’. The theory of growth was confined to one-sector macro-models; from here to multi-sector models the step is complex. Pasinetti was first in formulating in his 1962 Cambridge Ph.D. a simple multi-sectoral growth theory subject to changing production coefficients (technical progress) and changing consumption coefficients (according to Engel’s Law). Moreover, Pasinetti’s vertically hyper-integrated sectors possess remarkable analytical and normative properties; a generalization may be obtained of Adam Smith’s pure labour theory of value. Pasinetti’s current project is to formulate a theory of value that goes back to Adam Smith, bypassing the frame of analysis of economists like Leontief, Sraffa, Marx, Ricardo and many others.

Bibliography

  1. Aghion, P., and P. Howitt. 1992. A Model of Growth Through Creative Destruction. Econometrica 60 (2): 323–351.CrossRefGoogle Scholar
  2. Andreoni, A. 2014. Structural Learning: Embedding Discoveries and the Dynamics of Production. Structural Change and Economic Dynamics 29 (2): 58–74.CrossRefGoogle Scholar
  3. Andreoni, A., and R. Scazzieri. 2013. Triggers of Change: Structural Trajectories and Production Dynamics. Cambridge Journal of Economics 38 (6): 1391–1408.CrossRefGoogle Scholar
  4. Araujo, R.S.A., and J.R. Teixeira. 2002. Structural Change and Decisions on Investment Allocation. Structural Change and Economic Dynamics 13 (2): 249–258.CrossRefGoogle Scholar
  5. ———. 2004. Structural Economic Dynamics: An Alternative Approach to North-South Models. Cambridge Journal of Economics 28 (5): 705–717.CrossRefGoogle Scholar
  6. Araujo, R.S.A., J.R. Teixeira, and J.T. Araujo. 1999. Structural Change and Investment Allocation in a Pasinettian Approach. Revista de Economia Politica 19 (3): 131–142.Google Scholar
  7. Arena, R. 1991. De l’usage de l’histoire dans la formulation des hypothèses de la théorie économique. Revue économique 42 (2): 395–409.Google Scholar
  8. Arena, R., and P.L. Porta, eds. 2012. Structural Dynamics and Economic Growth. Cambridge: Cambridge University Press.Google Scholar
  9. Baldone, S. 1996. Vertical Integration, the Temporal Structure of Production Processes and Transition Between Techniques. In Production and Economic Dynamics, ed. M.A. Landesmann and R. Scazzieri, 81–104. Cambridge: Cambridge University Press.Google Scholar
  10. Baranzini, M., and A. Mirante. 2016. A Compendium of Italian Economists at Oxbridge. Contributions to the Evolution of Economic Thinking. London/New York: Palgrave Macmillan.Google Scholar
  11. Baranzini, M., and A. Quadrio Curzio. 2012. From Adam Smith to Structural Dynamics: Luigi Pasinetti’s Life-Long Contribution. Paper presented at the Conference ‘The Economics of Structural Change: Theory, Institutions and Policies, in honour of Luigi L. Pasinetti’, Gonville and Caius College, Cambridge.Google Scholar
  12. Baranzini, M., and G.C. Harcourt, eds. 1993. The Dynamics of the Wealth of Nations: Growth, Distribution and Technical Change. Essays in Honour of Luigi L. Pasinetti. London: Macmillan.Google Scholar
  13. Baranzini, M., and R. Scazzieri, eds. 1986. Foundations of Economics: Structures of Inquiry and Economic Theory. Oxford/New York: Basil Blackwell.Google Scholar
  14. ———. 1990. ‘Introduction’ and ‘Economic Structure: Analytical Perspectives’. In The Economic Theory of Structure and Change, ed. M. Baranzini and R. Scazzieri, 1–20 and 227–333. Cambridge: Cambridge University Press.Google Scholar
  15. Baranzini, M., C. Rotondi, and R. Scazzieri, eds. 2015a. Resources, Production and Structural Dynamics. Cambridge: Cambridge University Press.Google Scholar
  16. ———. 2015b. Resources, Producibility and Economic Dynamics: A Framework. In Resources, Production and Structural Dynamics, ed. M. Baranzini, C. Rotondi, and R. Scazzieri, 1–32. Cambridge: Cambridge University Press.Google Scholar
  17. Baumol, W.J. 2012. Growth: Towards a Structural Endogenous Macro-Model. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 125–134. Cambridge: Cambridge University Press.Google Scholar
  18. Bianchi, P.V., and L.M. Miller. 1996. Innovation and Collective Action: The Dynamics of Change. Structural Change and Economic Growth 7 (2): 193–206.CrossRefGoogle Scholar
  19. Blaug, M. 2009. The Trade-Off Between Rigour and Relevance: Sraffian Economics as a Case in Point. History of Political Economy 41 (2): 219–247.CrossRefGoogle Scholar
  20. Bortis, H. 1996. Structural Economic Dynamics. Structural Change and Economic Dynamics 7 (2): 135–146.CrossRefGoogle Scholar
  21. ———. 1997. Institutions, Behaviour and Economic Theory: A Contribution to Classical-Keynesian Political Economy. Cambridge: Cambridge University Press.Google Scholar
  22. ———. 2012. Towards a Synthesis in Post-Keynesian Economics in Luigi Pasinetti’s Contribution. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 145–180. Cambridge: Cambridge University Press.Google Scholar
  23. Cass, D. 1965. Optimum Growth in an Aggregate Model of Capital Accumulation. The Review of Economic Studies 32 (3): 233–240.CrossRefGoogle Scholar
  24. Costabile, L., and R. Scazzieri. 2012. In Il pensiero economico nei decenni successivi al secondo dopoguerra, ed. V. Negri Zamagni, P.L. Porta, L. Costabile, R. Faucci, C. Perrotta, R. Scazzieri and G. Todeschini, 739–765. Rome: Enciclopedia Italiana di Scienze, Lettere ed Arti.Google Scholar
  25. Crotty, J.R. 1980. Post Keynesian Economic Theory: An Overview and Evaluation. American Economic Review 70 (2): 20–25.Google Scholar
  26. Echevarria, C. 1997. Changes in Sectoral Composition Associated with Economic Growth. International Economic Review 38 (2): 431–452.CrossRefGoogle Scholar
  27. Ethier, W. J. 1982. National and International Returns to Scale in the Modern Theory of International Trade. The American Economic Review 72 (3): 389–405.Google Scholar
  28. Franke, R. 1996. A Metzlerian Model of Inventory Growth Cycles. Structural Change and Economic Growth 7 (2): 243–262.CrossRefGoogle Scholar
  29. Garbellini, N., and A.L. Wirkierman. 2014a. Productivity Accounting in Vertically (Hyper-) Integrated Terms: Bridging the Gap between Theory and Empirics. Metroeconomica 65 (1): 154–190.CrossRefGoogle Scholar
  30. ———. 2014b. Pasinetti’s Structural Change and Economic Growth: A Conceptual Excursus. Review of Political Economy 26 (2): 234–257.CrossRefGoogle Scholar
  31. Goodwin, R.M., and M.A. Landesmann. 2009. Structural Change and Macroeconomic Stability in Disaggregated Models. In Production and Economic Dynamics, ed. M. Landesmann and R. Scazzieri, 167–187. Cambridge: Cambridge University Press. 1st ed. 1996.Google Scholar
  32. Groenewegen, P.D. 2012. Structural Change: Some Historical Aspects of Pasinetti’s Work with Special Reference to Classical Economics. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 37–48. Cambridge: Cambridge University Press.Google Scholar
  33. Gualerzi, D. 1991. Social Environment of Consumption and Growth: The Recovery of the 1980s in the U.S. Economy. Ph.D. Dissertation, New School for Social Research, New York.Google Scholar
  34. ———. 1996. Natural Dynamics, Endogenous Structural Change and the Theory of Demand: A Comment on Pasinetti. Structural Change and Economic Dynamics 7 (2): 147–162.CrossRefGoogle Scholar
  35. ———. 2002. Consumption and Growth: Recovery and Structural Change in the US Economy. Cheltenham: E. Elgar.Google Scholar
  36. ———. 2012. Growth Theory, Structural Dynamics and the Analysis of Consumption. In Structural Dynamics and Economic Growth, ed. R. Arena and P. L. Porta, 181–203. Cambridge: Cambridge University Press.Google Scholar
  37. Hagemann, H. 1990. The Structural Theory of Economic Growth. In The Economic Theory of Structure and Change, ed. M. Baranzini and R. Scazzieri, 144–171. Cambridge: Cambridge University Press.Google Scholar
  38. ———. 2012. Luigi Pasinetti’s Structural Economic Dynamics and the Employment Consequences of New Technologies. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 204–217. Cambridge: Cambridge University Press.Google Scholar
  39. Hagemann, H., M.A. Landesmann, and R. Scazzieri. 2003. Introduction. In The Economics of Structural Change, ed. H. Hagemann, M.A. Landesmann, and R. Scazzieri, xi–xlii. Cheltenham/Northampton: E. Elgar.Google Scholar
  40. ———, eds. The Economics of Structural Change, 3 vols. Cheltenham/Northampton: E. Elgar.Google Scholar
  41. Halevi, J. 1992. Accumulation and Structural Disequilibrium. In Beyond the Steady State: Revival of Growth Theory, ed. J. Halevi, D. Laibman, and E. Nell, 264–288. New York/London: St. Martin’s Press/Macmillan.Google Scholar
  42. ———. 1996. The Significance of the Theory of Vertically Integrated Processes for the Problem of Economic Development. Structural Change and Economic Dynamics 7 (2): 163–171.CrossRefGoogle Scholar
  43. ———. 2016. Luigi Pasinetti and the Political Economy of Growth and Distribution, Institute for Economic Thinking, Working Paper No. 40. New York: Institute for Economic Thinking; reprinted in J. Halevi, et al., eds. Post Keynesian Essays from Down Under, vol. IV, 310–326. London: Palgrave Macmillan.Google Scholar
  44. Harcourt, G.C. 2006. The Structure of the Post-Keynesian Economics: The Core Contributions of the Pioneers. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  45. ———. 2012. Luigi Pasinetti: The Senior Living Heir of the Cambridge School of Economics and the Last of the Great System-Builders. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 137–144. Cambridge: Cambridge University Press.Google Scholar
  46. Heertje, A. 2017. An Essay on the Catalogue of the Library of Piero Sraffa, edited by G. de Vivo. History of Economic Review 66 (1): 63–71.CrossRefGoogle Scholar
  47. Hishiyama, I. 1996. Appraising Pasinetti’s Structural Dynamics. Structural Change and Economic Dynamics 7 (2): 127–134.CrossRefGoogle Scholar
  48. Kerr, P., and R. Scazzieri. 2013. Structural Economics Dynamics and the Cambridge Tradition. In The Oxford Handbook of Post-Keynesian Economics, ed. G.C. Harcourt and P. Kriesler, vol. I, 257–287. Oxford: Oxford University Press.Google Scholar
  49. Koopmans, T. 1965. Objectives, Constraints and Outcomes in Optimum Growth Models. Econometrica 35 (1): 1–15.CrossRefGoogle Scholar
  50. Kuroki, R. 2015. Izumi Hishiyama and His Thoughts on the Circular Process and the Prices of Production: The Journey of Economics from Quesnay to Sraffa. The History of Economic Thought 56 (2): 1–26.Google Scholar
  51. Kurose, K. 2009. The Relation Between the Speed of Demand Saturation and the Dynamism of the Labour Market. Structural Change and Economic Dynamics 20 (2): 151–159.CrossRefGoogle Scholar
  52. ———. 2013. The Dynamics of the Labour Market and Income Distribution in Relation to the Speed of Demand Saturation. Structural Change and Economic Dynamics 24 (1): 101–111.CrossRefGoogle Scholar
  53. Kurz, H.D., and N. Salvadori. 1995. Theory of Production. A Long-Period Analysis. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  54. ———. 2015. The Classical Theory of Rent. In Resources, Production and Structural Dynamics, ed. M. Baranzini, C. Rotondi, and R. Scazzieri, 72–94. Cambridge: Cambridge University Press.Google Scholar
  55. Landesmann, M.A. 1990. Specification of Structure and Economic Dynamics. In The Economic Theory of Structure and Change, ed. M. Baranzini and R. Scazzieri, 95–121. Cambridge: Cambridge University Press.Google Scholar
  56. Landesmann, M.A., and R. Scazzieri. 1990. Specification of Structure and Economic Dynamics. In The Economic Theory of Structure and Change, ed. M. Baranzini and R. Scazzieri, 95–121. Cambridge: Cambridge University Press.Google Scholar
  57. ———. 1993. Commodity Flows and Productive Subsystems: An Essay in the Analysis of Structural Change. In The Dynamics of the Wealth of Nations. Growth, Distribution and Technical Change. Essays in Honour of Luigi L. Pasinetti, ed. M. Baranzini and G.C. Harcourt, 209–245, op. cit.Google Scholar
  58. ———, eds. 1996a. Production and Economic Dynamics. Cambridge: Cambridge University Press; 2nd ed., 2009.Google Scholar
  59. ———. 1996b. Introduction. In Production and Economic Dynamics, ed. M.A. Landesmann and R. Scazzzeri, 1–30, op. cit.Google Scholar
  60. ———. 1996c. Coordination of Production Processes, Subsystem Dynamics and Structural Change. In Production and Economic Dynamics, ed. M.A. Landesmann and R. Scazzzeri, 304–343, op. cit.Google Scholar
  61. Lavoie, M. 1997. Pasinetti’s Vertically Hyper-Integrated Sectors and Natural Prices. Cambridge Journal of Economics 21 (4): 453–467.CrossRefGoogle Scholar
  62. Leon, P. 1967. Structural Change and Growth in Capitalism. Baltimore: Johns Hopkins University Press.Google Scholar
  63. Magnan de Bornier, J. 1990. Vertical Integration, Growth and Sequential Change. In The Economic Theory of Structure and Change, ed. M. Baranzini and R. Scazzieri, 122–143. Cambridge: Cambridge University Press.Google Scholar
  64. Malinvaud, E. 1995. Luigi Pasinetti’s Structural Economic Dynamics: A Review Essay. Journal of Evolutionary Economics 5 (1): 59–69.CrossRefGoogle Scholar
  65. Nomaler, Ö., and B. Verspagen. 2012. Analysing Knowledge Flows by Means of Vertical Integration. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 88–124, op. cit.Google Scholar
  66. Notarangelo, M. 1998a. Unbalanced Growth with Saturation of Demand. Economic Journal of Hokkaido University 27 (1): 53–63.Google Scholar
  67. ———. 1998b. Economic Dynamics of Demand, Employment and Technical Change. Ph.D. Thesis, Graduate School of Economics and Business Administration, Hokkaido University, Japan.Google Scholar
  68. ———. 1999. Unbalanced Growth: A Case of Structural Dynamics. Structural Change and Economic Dynamics 10 (2): 209–223.CrossRefGoogle Scholar
  69. ———. 2000a. Interaction Between Employment and Effective Demand: The Effects of Technological Change, Discussion Paper Series A-2000, No. 73. Japan: Hokkaido University.Google Scholar
  70. ———. 2000b. Interaction Between Employment and Effective Demand: The Effects of Income Distribution, Discussion Paper Series A-2000, No. 74. Japan: Hokkaido University.Google Scholar
  71. Pasinetti, L.L. 1963. A Multisector Model of Economic Growth. Cambridge: Polyhedron Services (Printed by King’s College).Google Scholar
  72. ———. 1964/5. Causalità e interdipendenza nell’analisi econometrica e nella teoria economica. In Annuario dell’Università Cattolica del Sacro Cuore, Anno Accademico 1964–65, 233–250. Milan: Vita e Pensiero.Google Scholar
  73. ———. 1965. A New Theoretical Approach to the Problems of Economic Growth. Pontificiae Academiae Scientiarum Scripta Varia 28: 572–687 and 692–3.Google Scholar
  74. ———. 1973. The Notion of Vertical Integration in Economic Analysis. Metroeconomica 25 (1): 1–29.Google Scholar
  75. ———. 1981. Structural Change and Economic Growth: A Theoretical Essay on the Dynamics of the Wealth of Nations. Cambridge: Cambridge University Press.Google Scholar
  76. ———. 1986a. Theory of Value – A Source of Alternative Paradigms in Economic Analysis. In Foundations of Economics. Structures of Inquiry and Economic Theory, ed. M. Baranzini and R. Scazzieri, 409–431, op. cit.Google Scholar
  77. ———. 1986b. Sraffa’s Circular Process and the Concept of Vertical Integration. Political Economy: Studies in the Surplus Approach 2: 3–16.Google Scholar
  78. ———. 1988. Growing Sub-systems, Vertically Hyper-integrated Sectors and the Labour Theory of Value. Cambridge Journal of Economics 12 (1): 125–134.Google Scholar
  79. ———. 1993. Structural Economic Dynamics: A Theory of the Economic Consequences of Human Learning. Cambridge: Cambridge University Press.CrossRefGoogle Scholar
  80. ———. 2005. The Cambridge School of Keynesian Economics. Cambridge Journal of Economics 29 (6): 837–848.CrossRefGoogle Scholar
  81. ———. 2007. Keynes and the Cambridge Keynesians: a ‘Revolution in Economics’ to be Accomplished. Cambridge: Cambridge University Press.Google Scholar
  82. ———. 2012. ‘Growth and Structural Change: Perspectives for the Future’, and ‘Second Afterword: The Significance of Structural Economic Dynamics’. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 276–282 and 283–287, op. cit.Google Scholar
  83. ———. 2018. A Theory of Value, forthcoming.Google Scholar
  84. Pasinetti, L.L., and R. Scazzieri. 1987a. Capital Theory: Paradoxes. In The New Palgrave Dictionary of Economics, ed. J. Eatwell, M. Milgate, and P. Newman, vol. I, 363–368. London/New York: Macmillan.Google Scholar
  85. ———. 1987b. Structural Economic Dynamics. In The New Palgrave Dictionary of Economics, ed. J. Eatwell, M. Milgate, and P. Newman, vol. IV, 525–528, op. cit.; reprinted in S.N. Durlauf and L.E. Blume, eds. The New Palgrave Dictionary of Economics, 2nd ed., 2008, 675–684.Google Scholar
  86. Pasinetti, L.L., and R.M. Solow, eds. 1994. Economic Growth and the Structure of Long Term Development. London: Macmillan.Google Scholar
  87. Pasinetti, L.L., and L. Spaventa. 1960. Verso il superamento della modellistica aggregata nella teoria dello sviluppo economico. Rivista di Politica Economica 50 (9/10): 1–35.Google Scholar
  88. Pomini, M. 2012. Structural Dynamics in Historical Perspective. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 49–68, op. cit.Google Scholar
  89. Porta, P.L. 1998. Structural Analysis in Retrospect. A Note on Luigi Pasinetti’s Structural Economic Dynamics’. Storia del Pensiero Economico 35: 43–60.Google Scholar
  90. Porta, P.L., and R. Scazzieri. 2008. A Revolution to Be Accomplished. Keynes and the Cambridge Keynesians. Economia Politica 25 (3): 455–480.Google Scholar
  91. Quadrio Curzio, A. 2011. Resources and Economic Dynamics, Technology and Rents. Milan: Vita e Pensiero.Google Scholar
  92. Quadrio-Curzio, A. 1986. Technological Scarcity: An Essay on Production and Structural Change. In Foundations of Economics. Structures of Inquiry and Economic Theory, ed. M. Baranzini and R. Scazzieri, 311–338, op. cit.Google Scholar
  93. ———. 1996. Production and Efficiency with Global Technologies. In Production and Economic Dynamics, ed. M.A. Landesmann and R. Scazzieri, 105–139, op. cit.Google Scholar
  94. ———. 2003. Technological Scarcity: An Essay on Production and Structural Change. In The Economics of Technical Change, ed. H. Hagemann, M.A. Landesmann, and R. Scazzieri, 138–165, op. cit.Google Scholar
  95. Quadrio-Curzio, A., and M. Fortis. 1996. Growth and Productive Structure: A Medium-Term Perspective. In Resources and Population: Natural, Institutional and Demographic Dimensions of Development, ed. B. Colombo, P. Demeny, and M.F. Perutz, 137–156. Oxford/Vatican City: Clarendon Press/Pontificia Academia Scientiarum.Google Scholar
  96. Quadrio-Curzio, A., and R. Scazzieri. 1986. The Exchange-Production Duality and the Dynamics of Economic Knowledge. In Foundations of Economics. Structures of Inquiry and Economic Theory, ed. M. Baranzini and R. Scazzieri, 377–407, op. cit.Google Scholar
  97. Reati, A. 1998a. Technological Revolutions in Pasinetti’s Model of Structural Change. Structural Change and Economic Dynamics 9 (3): 245–262.CrossRefGoogle Scholar
  98. ———. 1998b. A Long-Wave Pattern for Output and Employment in Pasinetti’s Model of Structural Change. Economie Appliquée 51 (2): 29–77.Google Scholar
  99. ———. 2012. The Economic Policy of Structural Change: An Outline and Missed Opportunities. Paper presented at the Conference ‘The Economics of Structural Change: Theory, Institutions and Policies, in honour of Luigi L. Pasinetti’, Gonville and Caius College, Cambridge.Google Scholar
  100. ———. 2014. Economic Policy for Structural Change. Review of Political Economy 26 (1): 1–22.CrossRefGoogle Scholar
  101. Reati, A., and V. Raganelli. 1993. Introducing Long Waves into Pasinetti’s Model of Structural Change: The Price Movements. Economie Appliquée 46 (1): 5–29.Google Scholar
  102. Romer, P.M. 1990. Endogenous Technological Change. Journal of Political Economy 98 (5): 71–102.CrossRefGoogle Scholar
  103. Sasaki, T. 2014. Macroeconomic Equilibrium in a Dual-Labour Economic System. The Keizai Gaku Annual Report, Tohoku University, Japan 74: 1–18.Google Scholar
  104. Scazzieri, R. 1983. Economic Dynamics and Structural Change: A Comment on Pasinetti. Rivista Internazionale di Scienze Economiche e Commerciali 30 (1): 73–90.Google Scholar
  105. ———. 1994. Models of Long-Term Development: Comment. In Economic Growth and the Structure of Long Term Development, ed. L.L. Pasinetti and R. M. Solow, 171–175. London: Macmillan.Google Scholar
  106. ———. 1996a. Introduction Pasinetti’s Structural Economic Dynamics: A Symposium. Structural Change and Economic Dynamics 7 (2): 123–125.CrossRefGoogle Scholar
  107. ———. 1996b. The Accumulation of Capital and Structural Economic Dynamics. In The Economics of Joan Robinson, ed. M.C. Marcuzzo, L.L. Pasinetti, and A. Roncaglia, 174–187. London/New York: Routledge.Google Scholar
  108. ———. 2009. The Feasibility of Normative Structures. In Bruno de Finetti. Radical Probabilist, ed. M.C. Galavotti, 129–152. London: College Publications.Google Scholar
  109. ———. 2012. The Concept of “Natural Economic System”: A Tool for Structural Analysis and an Instrument for Policy Design. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 218–240, op. cit.Google Scholar
  110. ———. 2014. A Structural Theory of Increasing Returns. Structural Change and Economic Dynamics 29 (1): 75–88.Google Scholar
  111. ———. 2015. Vertical Integration in Economic Theory. Journal of Post Keynesian Economics 13 (1): 20–46.Google Scholar
  112. Scazzieri, R., M. Baranzini, and C. Rotondi. 2015. Resources, Scarcities and Rents: Technological Interdependence and the Dynamics of Socio-Economic Structures. In Resources, Production and Structural Dynamics, ed. M. Baranzini, C. Rotondi, and R. Scazzieri, 427–484, op. cit.Google Scholar
  113. Sen, A.K. 2005. Autobiography. In Nobel Laureates in Search of Identity and Integrity, ed. A. Hallengre, 151–176. Singapore/New York/London: World Scientific Publishing Co.Google Scholar
  114. Silva, E.G., and A.A.C. Teixeira. 2008. Surveying Structural Change: Seminal Contributions and a Bibliometric Account. Structural Change and Economic Dynamics 19 (4): 273–300.CrossRefGoogle Scholar
  115. Smith, A. 1776. An Inquiry into the Nature and Causes of the Wealth of Nations. London: W. Strahan and T. Cadell.CrossRefGoogle Scholar
  116. Solow, R.M. 2012. ‘On Pasinetti and the Unfinished Keynesian Revolution’, and ‘First Afterword: Pasinetti on Structural Dynamics’. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 267–273 and 274–275, op. cit.Google Scholar
  117. Sraffa, P. 1960. Production of Commodities by Means of Commodities: Prelude to a Critique of Economic Theory. Cambridge: Cambridge University Press.Google Scholar
  118. Syrquin, M. 2010. Kuznets and Pasinetti on the Study of Structural Transformation: Never the Twain Shall Meet? Structural Change and Economic Dynamics 21 (4): 248–257.CrossRefGoogle Scholar
  119. ———. 2012. Two Approaches to the Study of Structural Change and Economic Development: Kuznets and Pasinetti. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 69–87, op. cit.Google Scholar
  120. Teixeira, J.R. 1996. Structural Economic Dynamics: Review Article. Revue Tiers-Monde 36: 461–462.Google Scholar
  121. Teixeira, J.R., and S. Sarquis 1996. Evaluating Gains from International Relations According to Structural Dynamics – A Pasinettian Approach. Texte de recherche, 32. Paris: IEDES/Panthéon-Sorbonne.Google Scholar
  122. Walsh, V. 2000. Smith After Sen. Review of Political Economy 12 (1): 5–25.CrossRefGoogle Scholar
  123. ———. 2003. Sen after Putman. Review of Political Economy 15 (3): 315–394.CrossRefGoogle Scholar
  124. Xinghe Wang, S.N. 1996. A Model of Structural Breaks in Economic Growth. Structural Change and Economic Growth 7 (2): 223–241.CrossRefGoogle Scholar
  125. Yagi, T. 2012. Structural Change and Invariable Standards. In Structural Dynamics and Economic Growth, ed. R. Arena and P.L. Porta, 241–263, op. cit.Google Scholar
  126. Zhang, W.-B. 1996. Preference, Structure and Economic Growth. Structural Change and Economic Growth 7 (2): 207–221.CrossRefGoogle Scholar

Copyright information

© The Author(s) 2018

Authors and Affiliations

  • Mauro L. Baranzini
    • 1
  • Amalia Mirante
    • 2
  1. 1.University of LuganoLuganoSwitzerland
  2. 2.University of Applied Sciences of Southern Switzerland and University of LuganoLuganoSwitzerland

Personalised recommendations