Highlighted projects

Work from the researchers in the Structural Economic Analysis Unit (SEA).

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Frontiers of Structural Economic Analysis

This is a focal project for the Unit, on which members work collaboratively as well as separately.

It aims to systematically push the frontiers of SEA, developing and generalising its theoretical core whilst applying it to new problems and areas. Work concerns the historical roots, theory development, modelling, empirical applications, political economy, and policy implications.

Unit members’ publications

Luigi Pasinetti and Structural Economic Dynamics

A special issue of 'Structural Change and Economic Dynamics' to develop the research programme emerging from the pathbreaking theory of structural change started by Luigi Pasinetti.

Edited by Ivano Cardinale, Roberto Scazzieri, and Ariel Wirkierman.

Productivity, competitiveness and strategic trade in an era of reconfiguration of Global Value Chains

The second ‘globalisation unbundling’ transformed global production and national competitiveness.

By means of inter-country input-output techniques, this project (1) refines the measurement of productivity and competitiveness at the global value chain (GVC) level, (2) applies scenario analysis to rewire international productive linkages, reflecting plausible geo-political reconfigurations of trade flows, and (3) quantifies potential effects of such rewiring.

Structural Political Economy

This approach generalises the political economy dimension of SEA.

Instead of assuming at the outset the relevant political-economic aggregations, such as classes or industry-based interest groups, it studies which aggregations are possible within a given economic structure and, out of those, which aggregations might emerge in specific situations, and therefore what conflicts could arise.

Algorithmic production theory and distribution

This project aims to develop mathematical and algorithmic models to understand, characterise and generalise the production structures of classical (ie surplus-distribution) economic theory, exploring the structural constraints and possibilities they imply.

The project is led by Ragupathy Venkatachalam.

Self-replacing prices with credit and debt