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Economic Theory, Dynamics and Markets

Essays in Honor of Ryuzo Sato

  • Book
  • © 2001

Overview

Editors:
  1. Takashi Negishi

    1. Aoyama Gakuin University, Japan

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  2. Rama V. Ramachandran

    1. New York University, USA

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  3. Kazuo Mino

    1. Kobe University, Japan

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Part of the book series: Research Monographs in Japan-U.S. Business and Economics (JUSB, volume 5)

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Table of contents (44 chapters)

  1. Front Matter

    Pages i-xix
    Download chapter PDF

  2. Economic Theory and Methodology

    1. One Way to Measure How Much Second Best “Second Best” is

      • Paul A. Samuelson
      Pages 1-17

    2. The Marshallian Macroeconomic Model

      • Arnold Zellner
      Pages 19-29

    3. Production Theory as a Part of a Dynamic General Disequilibrium System

      • Wilhelm Krelle
      Pages 31-44

    4. Kinds of Theory

      • Eric Maskin
      Pages 45-55

    5. Maximality, Optimality, and Duality: A Synthesis of Some Recent Results

      • Kotaro Suzumura
      Pages 57-72

    6. Fiml Estimation of Sample Selection Models for Count Data

      • William Greene
      Pages 73-91

    7. Long-Run Rigidity in Labor Markets

      • Kiyohiko G. Nishimura, Yoshihiro Tamai
      Pages 93-103

    8. Incomplete Contracts in Public Procurement

      • Dieter Bös
      Pages 105-119

    9. Non-Stationary Intergenerational Altruism

      • Hajime Hori
      Pages 121-131

  3. Macroeconomics and Dynamics

    1. The Speed of Adjustment

      • Richard Musgrave
      Pages 133-142

    2. Interactions in the Growth of Science and the Economy

      • Martin Beckmann
      Pages 143-151

    3. Conservation Laws and Optimal Paths in External Two Sector Growth Model

      • Fumiyo Fujiwara, Fumitake Mimura, Takayuki Nono
      Pages 153-165

    4. Nonlinearity, Chaos, and Bifurcation: A Competition and an Experiment

      • William A. Barnett, Yijun He
      Pages 167-187

    5. Capital Depreciation, Indeterminacy and Cycles in Two-Sector Economies

      • Kazuo Nishimura, Alain Venditti
      Pages 189-197

    6. Environmental Externalities, Abatement Behavior and Pigovian Taxes

      • Toshihiro Ihori
      Pages 199-207

    7. Optimal Defense Spending

      • Yoshio Niho, Masaoki Takeuchi
      Pages 209-219

    8. The Dynamic Gains from Trade Liberalization with Product Variety: Summary of Results

      • Thomas F. Rutherford, David G. Tarr
      Pages 221-231

    9. Monetary Expansion and Converging Speed in a Growing Economy

      • Kazuo Mino
      Pages 233-242

  4. Financial Markets

    1. Analytical Afterthoughts on the Asian Crisis

      • Paul Krugman
      Pages 243-255
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Keywords

About this book

Economic Theory, Dynamics, and Markets. The collection of essays in honor of Ryuzo Sato, written by his colleagues and students, covers the many fields of economic theory and policy to which he has contributed. The first section pays tribute to his contributions to mathematical economics and economic theory. Ryuzo Sato is known for his work in growth theory and technical progress, and the second section has a number of papers on macroeconomics and dynamics. The third section has a number of papers on financial markets and their functioning in Japan and the United States. The next section examines various aspects of the economics of firms and industry. Ryuzo Sato has been very involved in analyzing the economic and business relations between Japan and the United States, and the last section is devoted to comparative analysis of economic systems.

Editors and Affiliations

  • Aoyama Gakuin University, Japan

    Takashi Negishi

  • New York University, USA

    Rama V. Ramachandran

  • Kobe University, Japan

    Kazuo Mino

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