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Macroeconomic Equilibrium File
Macroeconomic Equilibrium File

NBER WORKING PAPER SERIES AN ALTERNATIVE INTERPRETATION OF THE ‘RESOURCE CURSE’:
NBER WORKING PAPER SERIES AN ALTERNATIVE INTERPRETATION OF THE ‘RESOURCE CURSE’:

... rent-seeking activities to appropriate that wealth rather than in creating more wealth. The presence of common-pool problems or uncertainty over property rights over the resource income may generate low growth by inefficiently focusing economies in fighting over existing resources. The common-pool p ...
Session 14. Measuring GDP
Session 14. Measuring GDP

... For crops that end up as exports, often through some (formal sector) processing or marketing organisation, production estimates will be derived from the external trade data or from the organisation involved. Informal cross-border trade that escapes Customs documentation presents a challenge. Only re ...
Estimating the Value of the Marine, Coastal and Ocean Resources
Estimating the Value of the Marine, Coastal and Ocean Resources

The Industrialization and Economic Development of Russia through
The Industrialization and Economic Development of Russia through



... base their behavior only on relative prices and to Ignore any signals they receive concerning other economic conditions such as the effective demand for their product, the probability of actually completing desired trans- ...
How Do We Measure the Economy`s Health?
How Do We Measure the Economy`s Health?

Big-bang versus Gradualism? - uni
Big-bang versus Gradualism? - uni

... considerations to real world phenomena. Rather political reformers have to be aware of the fact that different countries have an unequal history and therefore the compatibility of countries to a market order is varying. “A policy designer, in proposing a broad reform strategy and specific policies, ...
How to build an economy free of recession
How to build an economy free of recession

... The remainder of the paper is organized as follows. Existing theories on economic recessions and growth are briefly reviewed and discussed in Section 2. Based on observations and reasoning in the real world, Section 3 identifies a series of axioms which are critical to the model. In Section 4, the m ...
Principles of Economics, Case/Fair/Oster, 11e
Principles of Economics, Case/Fair/Oster, 11e

Supply-Use Tables in the 1993 SNA and SNA 1993 Rev 1
Supply-Use Tables in the 1993 SNA and SNA 1993 Rev 1

... • In US, information from economic census is very rich, with detailed output data of goods and services, and the complete output data by detailed commodity can be gathered. However, for countries where there is not economic census yet, or just part of establishments has been investigated, how are th ...
This PDF is a selection from an out-of-print volume from... of Economic Research
This PDF is a selection from an out-of-print volume from... of Economic Research

... distribution pattern. To summarize the UP perspective, Chile was characterized by a vicious circle, where the unequal original income distribution pattern generated a highly monopolistic productive structure, which reinforced the existing skewed income pattern. The structure of the economy got more ...
Special economic zones for South Africa
Special economic zones for South Africa

... Commercial free zones, or simply free zones (FZs) are the oldest form of SEZs and are the most ubiquitous, notably under the bonded warehouse format found in the vast majority of seaports, and in some airports. Free zones are usually in or near major international transport nodes. Generally under th ...
Teacher Edition - Federal Reserve Bank of St. Louis
Teacher Edition - Federal Reserve Bank of St. Louis

... puzzle, with estimates ranging from 25 to 70 percent of the current slowdown in productivity.7 Second, economists suggest that changes in human capital in the workforce are contributing to the change in productivity. Research suggests that rising levels of human capital explain about 20 percent of U ...
1 Tourism is a major creator of jobs in the world. Approximately what
1 Tourism is a major creator of jobs in the world. Approximately what

A stylized satellite account for human capital
A stylized satellite account for human capital

A Numerical Example
A Numerical Example

Paper - IIOA!
Paper - IIOA!

... require extensive amount of data (e.g., multipliers) that needs to be updated frequently. Related economic theories, knowledge, and special training to use the model are also required to conduct the analysis properly and efficiently. The most widely used tools can be categorized into the commerciali ...
2007 - Careers Portal
2007 - Careers Portal

... Suppose the euro (€) increases in value relative to the American dollar ($) and sterling (£). Outline the likely effects this increase would have on any THREE components of the Balance of Payments, which you listed in answering (a) above. [At least one component should be from the Capital Account.] ...
Controls of capitals in emergent economies
Controls of capitals in emergent economies

... goods market is in equilibrium has the format of a parabola with down concavity. In the equation (21) we can see that – assuming i *   0  2 1 z  g , condition for which i  g is enough – the locus that describes the combinations of r and z for which the external debt is constant through time ha ...
Statistics on SDGs: Accounting for Informal Sector in National
Statistics on SDGs: Accounting for Informal Sector in National

... National Accounts (SNA2008) is that; GDP is the sum of gross value added of all resident producer units. In other words, this is the measure of how an economy performs in a certain period of time, normally a quarter or a year. In production process, some activity is carried out in order to produce o ...
E N conomic Statistics in ew Caledonia
E N conomic Statistics in ew Caledonia

... ×Quality assessment framework is not available × Centralized national metadata repository is not available  Centralized business register is currently used for multiple statistical products  Established methods for identifying ‘births’ and ‘deaths’ of businesses  IT systems are considered adequat ...
Growth of government and the politics of fiscal policy
Growth of government and the politics of fiscal policy

... not only are Pareto-suboptimal, but result in distinctly different dynamic paths for the economy. Indeed, Pareto optimal policies produce endogenous growth in which the economy never reaches a steady state, while politically motivated policies and constant policies lead to steady states in per capit ...
expansion of fields of study
expansion of fields of study

... ♦ Describe forms that this intervention might take ♦ Describe reasons for firms intervening in markets ♦ Explain how governments might intervene in markets ♦ Describe forms that government intervention might take ♦ Suggest reasons for government intervention ♦ Explain the effects of intervention in ...
Determining Economic Contributions and Impacts
Determining Economic Contributions and Impacts

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Production for use

Production for use is a phrase referring to the principle of economic organization and production taken as a defining criterion for a socialist economy. It is held in contrast to production for profit. This criterion is used to distinguish socialism from capitalism, and was one of the fundamental defining characteristics of socialism initially shared by Marxian socialists, evolutionary socialists, social anarchists and Christian socialists.This principle is broad and can refer to an array of different configurations that vary based on the underlying theory of economics employed. In its classic definition, production for use implied an economic system whereby the law of value and law of accumulation no longer directed economic activity, whereby a direct measure of utility and value is used in place of the abstractions of the price system, money and capital. Alternative conceptions of socialism that don't utilize the profit system such as the Lange model involve the use of a price system and monetary calculation.The central critique of the profits system by socialists is that the accumulation of capital (""making money"") becomes increasingly detached from the process of producing economic value, leading to waste, inefficiency, and social issues. Essentially it is a distortion of proper accounting based on the assertion of the law of value instead of the ""real"" costs of the factors of production, objectively determined outside of social relations.
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