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  • © 2019

Demand, Complexity, and Long-Run Economic Evolution

  • Develops unique ideas, from one of the few approaches emphasizing the endogenous role of consumer demand for economic growth and institutional change
  • Places special emphasis on the implications for achieving sustainable forms of economic growth
  • Written by a leading range of contributors from the USA, Europe, and the Asia-Pacific

Part of the book series: Economic Complexity and Evolution (ECAE)

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-vii
  2. New Perspectives on the Long-Run Evolution of Demand

    1. Front Matter

      Pages 91-91
    2. Innovation, Structural Change and Multisectoral Economic Growth

      • Isabel Almudi, Francisco Fatas-Villafranca
      Pages 171-189

About this book

The purpose of this contributed volume is to consider how global consumption patterns will develop in the next few decades, and what the consequences of that development will be for the economy, policymakers, and society at large. In the long run, the extent to which economic growth translates into better living conditions strongly depends on how rising affluence and new technologies shape consumer preferences. The ongoing rise in household income in developing countries raises some important questions: Will consumption patterns always continue to expand in the same manner as we have witnessed in the previous two centuries? If not, how might things evolve differently? And what implications would such changes hold for not only our understanding of consumption behavior but also our pursuit of more sustainable societies?



Editors and Affiliations

  • Griffith Business School, Griffith University, Gold Coast, Australia

    Andreas Chai

  • Institute of Food and Resource Economics, University of Bonn, Bonn, Germany

    Chad M. Baum

About the editors

Andreas Chai is an Associate Professor at Griffith University specialising in the study of consumption behaviour from an evolutionary economic perspective and its implications for economic development, measuring poverty, structural change in the economy and climate change adaptation. His work has been published in the Journal of Economic Perspectives, Cambridge Journal of Economics as well as the Journal of Evolutionary Economics.

Chad M. Baum is a Postdoctoral Researcher at the Institute for Food and Resource Economics at the University of Bonn. His main research interests center on the interdisciplinary intersection between consumption theory, evolutionary economics, and public understanding of technological innovation in the food sector. Motivated by the broad pursuit of a sustainable Bioeconomy, his work has appeared in the Journal of Bioeconomics and he has collaborated on a number of interdisciplinary projects exploring the development and acceptanceof emerging technologies.

Bibliographic Information

Buy it now

Buying options

eBook USD 109.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 139.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access