A system dynamics model to explore macro-policy instruments for technological development to influence economic growth and income distribution | |
| Author | Ponthep Prankprakma |
| Call Number | AIT Diss. no.IE-94-02 |
| Subject(s) | Technological innovations Economic development |
| Note | A dissertation submitted in partial fulfillment of the requirements for the degree of Doctor of Engineering, School of Engineering and Technology |
| Publisher | Asian Institute of Technology |
| Abstract | The developing country economies have been observed to incorporate two equally significant production modes: a profit maximizing formal sector and a consumption maximizing self-employed sector. Yet, only their formal sectors have been targeted for much of the economic and technological development effort. On the other hand, the developed country economies consist predominantly of profit maximizing firms but their small self-employed sectors are often targeted for assistance for technological development. Having accounted for a significant part of economic growth in the industrialized countries, technological development instruments offer a good promise also for the developing countries for accelerating economic growth and affecting income distribution. These instruments, however, remain underutilized. Even when used, they often disregard the dual structure of the developing country economies whose relations must be understood for creating any effective policy designs. This research has attempted to explore the efficacy of technology policy for the developing countries using a system dynamics model of economic growth, income distribution and technological growth building on an earlier model developed by Saeed. Experimentation with this model shows that technological development related insu·uments might offer a promising alternative to the traditional direct apd indirect macro-policy levers used for fostering economic growth and influencing income distribution. It is observed that for a technological development initiative to successfully facilitate growth and influence income distribution, it must attempt to promote competition among the monopolistic formal firms while providing positive assistance to the competitive informal firms. |
| Year | 1994 |
| Type | Dissertation |
| School | School of Engineering and Technology (SET) |
| Department | Other Field of Studies (No Department) |
| Academic Program/FoS | Industrial Engineering (IE) |
| Chairperson(s) | Saeed, Khalid |
| Examination Committee(s) | Sharif, M. Nawaz ;Amin, A.T.M. Nurul ;Radzicki, Michael J. |
| Scholarship Donor(s) | Government of Japan |
| Degree | Thesis (Ph.D.) - Asian Institute of Technology, 1994 |