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- W2885648554 abstract "This chapter presents a political economy analysis of the relationship between scarce resources on the one hand, and technical and technological progress on the other hand. It draws implications for rents and income distribution more broadly, as well as for structural change and economic growth along uneven paths, which are close to historical dynamics in the long run. The analytical core of the chapter is a new approach to scarcities, which involves both resources and technologies. The different types of rents, associated with those scarcities play a crucial role for production and especially the choice of techniques and technologies, with wide-ranging implications for accumulation, growth, and income distribution. Finally, the types of rents and their evolution in time also influence the roles and interests of the different actors (institutions, entrepreneurs, labour unions, rent earners) who take ‘macro decisions’, i.e. decisions affecting the economic system as a whole." @default.
- W2885648554 created "2018-08-22" @default.
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- W2885648554 date "2018-01-01" @default.
- W2885648554 modified "2023-10-01" @default.
- W2885648554 title "Political Economy of Resources, Technologies, and Rent" @default.
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- W2885648554 doi "https://doi.org/10.1057/978-1-137-44254-3_18" @default.
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