Accounting for breakout in Britain: The industrial revolution through
... We apply the model to the breakout that occurred in Britain at the time of the Industrial Revolution, which was characterized by an unprecedented rise in maximum sustainable population growth (MSPG). In the years from the late 17th century to the early 19th century, MSPG increased from firmly Malthus ...
... We apply the model to the breakout that occurred in Britain at the time of the Industrial Revolution, which was characterized by an unprecedented rise in maximum sustainable population growth (MSPG). In the years from the late 17th century to the early 19th century, MSPG increased from firmly Malthus ...
CESifo Working Paper 3630
... (2000) investigate the adaptation of propane by traditional brick makers in Mexico. LahiriDutt (2004) examines informal mining in Asia and Biller (1994) describes the environmental hazards of informal gold mining in Brazil.7 What is missing in the literature is a comprehensive, cross-country analysi ...
... (2000) investigate the adaptation of propane by traditional brick makers in Mexico. LahiriDutt (2004) examines informal mining in Asia and Biller (1994) describes the environmental hazards of informal gold mining in Brazil.7 What is missing in the literature is a comprehensive, cross-country analysi ...
Doing it for ourselves: The Pirate Bay as strategic
... seems to bring with it a recoding of the economy of new media along more orthodox lines, in as much as it reintroduces a principle of scarcity where there used to be only abundance and limitless possibilities. If information is bountiful, attention is scarce because it indicates the limits inherent ...
... seems to bring with it a recoding of the economy of new media along more orthodox lines, in as much as it reintroduces a principle of scarcity where there used to be only abundance and limitless possibilities. If information is bountiful, attention is scarce because it indicates the limits inherent ...
File
... like stocks and bonds. Investment in economics means purchasing real capital. Other forces can influence capital deepening such as population growth, government, and trade. Population growth allows the labor force to increase. This means more people are working and producing more output. Yet if the ...
... like stocks and bonds. Investment in economics means purchasing real capital. Other forces can influence capital deepening such as population growth, government, and trade. Population growth allows the labor force to increase. This means more people are working and producing more output. Yet if the ...
BUS 111 - Micro Economics
... has a pretty decent grip on what resources are being used and can probably make a list of what those resources are on a sheet of paper – you know, labor, cash registers, etc Each individual household knows what goods and services are being bought and can probably make a list of those items on a shee ...
... has a pretty decent grip on what resources are being used and can probably make a list of what those resources are on a sheet of paper – you know, labor, cash registers, etc Each individual household knows what goods and services are being bought and can probably make a list of those items on a shee ...
Impetus-attenuated Resource City Transformation Strategy Thought—Take Handan as an Example
... still has some profits. Seize the opportunity to start transformation at this time, the city will still located in an active position. The impetus-attenuated resources city we are studying belongs to this type. This kind of city accounts for a large share among our nation’s resource city. The resear ...
... still has some profits. Seize the opportunity to start transformation at this time, the city will still located in an active position. The impetus-attenuated resources city we are studying belongs to this type. This kind of city accounts for a large share among our nation’s resource city. The resear ...
Business Cycles II: Theories
... the so called consumption smoothing (or permanent income hypothesis). This force implies that when Joe faces an increase in income (see figure 3) he also increases his consumption but he does so in a way that the increase in consumption is even across all future periods. This implies that currently ...
... the so called consumption smoothing (or permanent income hypothesis). This force implies that when Joe faces an increase in income (see figure 3) he also increases his consumption but he does so in a way that the increase in consumption is even across all future periods. This implies that currently ...
Do the Catholic and Protestant Countries Differ by Their Tax
... regarding the tax morale across countries. They suggest that the northern Europeans have higher tax morale than the southern Europeans. In addition, they suggest that the Romanic countries have a higher tax immorality than most other countries. These results are in line with Kirchgässner (1999) who ...
... regarding the tax morale across countries. They suggest that the northern Europeans have higher tax morale than the southern Europeans. In addition, they suggest that the Romanic countries have a higher tax immorality than most other countries. These results are in line with Kirchgässner (1999) who ...
Non-Renewable Resources, Extraction Technology
... Our model replicates historical trends in the prices and production of major nonrenewable resources, as well as world real GDP for which we present data going back to 1792. Exponential aggregate output growth triggers R&D investment in extraction technology. The extraction and use of non-renewable r ...
... Our model replicates historical trends in the prices and production of major nonrenewable resources, as well as world real GDP for which we present data going back to 1792. Exponential aggregate output growth triggers R&D investment in extraction technology. The extraction and use of non-renewable r ...
Chapters 1 and 2 - Microfoundations of Financial Economics
... competitive equilibrium (p,x) would be cumbersome- we need to do this for every agent. If there is only one agent- we know the equilibrium allocation because there is nobody else to trade with- equilibrium prices are just the gradient of this agent’s utility function at his endowment ...
... competitive equilibrium (p,x) would be cumbersome- we need to do this for every agent. If there is only one agent- we know the equilibrium allocation because there is nobody else to trade with- equilibrium prices are just the gradient of this agent’s utility function at his endowment ...
NBER WORXING PAPER SERIES RUN GROWTH LONG RUN POLICY ANALYSIS AND Sergio Rebelo
... endogenous but the technology exhibits constant returns to scale and there is a steady state path that accords with Kaldor's stylized facts of economic development. The key to making growth endogenous in the absence of increasing returns is the presence of a "core" of capital goods that can be produ ...
... endogenous but the technology exhibits constant returns to scale and there is a steady state path that accords with Kaldor's stylized facts of economic development. The key to making growth endogenous in the absence of increasing returns is the presence of a "core" of capital goods that can be produ ...
Working Paper No. 879 - Levy Economics Institute of Bard College
... The second variant of the endogeneity critique is put forward in a recent paper by Skott (2016). In this paper, contra-Kaldor(1955)/Robinson(1956), Skott accepts the classical/Kaleckian theory of distribution but argues that the overall distribution is determined by several institutional factors an ...
... The second variant of the endogeneity critique is put forward in a recent paper by Skott (2016). In this paper, contra-Kaldor(1955)/Robinson(1956), Skott accepts the classical/Kaleckian theory of distribution but argues that the overall distribution is determined by several institutional factors an ...
Macroeconomic Priorities - NYU Stern School of Business
... of recent experience in several South American economies—is about 7 percent of income. The development of growth theory, in which the evolution of an economy over time is traced to its sources in consumer preferences, technology, and government policies, opened the way for extending general-equilibr ...
... of recent experience in several South American economies—is about 7 percent of income. The development of growth theory, in which the evolution of an economy over time is traced to its sources in consumer preferences, technology, and government policies, opened the way for extending general-equilibr ...
Human capital and economic growth in OECD countries
... The results of the Programme for International Student Assessment (PISA 2000) (OECD 2001) resulted in a heavy debate on the determinants of the students’ performance especially within countries showing a relative poor performance (e.g. Fertig 2003). But it has also renewed the interest in the linkag ...
... The results of the Programme for International Student Assessment (PISA 2000) (OECD 2001) resulted in a heavy debate on the determinants of the students’ performance especially within countries showing a relative poor performance (e.g. Fertig 2003). But it has also renewed the interest in the linkag ...
pdf format - Cardiff University
... future as there are economic actors. This leads to ever-greater complexity in the economic system, both in terms of interactions between economic processes in the present and in terms of the future consequences of these processes. Linearity, when used as the basis for millions of transactions every ...
... future as there are economic actors. This leads to ever-greater complexity in the economic system, both in terms of interactions between economic processes in the present and in terms of the future consequences of these processes. Linearity, when used as the basis for millions of transactions every ...
Mr Musa Mabuza - Mining Lekgotla
... Strengthen and enforce implementation of sector procurement provisions Integrated approach to monitoring and evaluation of mineral extraction, transportation, local consumption into beneficiated goods and through customs Leverage the African growth story, e.g. the African infrastructure development ...
... Strengthen and enforce implementation of sector procurement provisions Integrated approach to monitoring and evaluation of mineral extraction, transportation, local consumption into beneficiated goods and through customs Leverage the African growth story, e.g. the African infrastructure development ...
Liberalism, Capitalism, and “Socialist” Principles Richard J. Arneson
... elections, the right to freedom of speech and thought, the right to freedom of association, and (b) personal freedom—the freedom to live one’s own life in one’s own way, as one chooses. In this essay I’m going to set the (a) liberties to the side. I shall just assume all the positions regarding desi ...
... elections, the right to freedom of speech and thought, the right to freedom of association, and (b) personal freedom—the freedom to live one’s own life in one’s own way, as one chooses. In this essay I’m going to set the (a) liberties to the side. I shall just assume all the positions regarding desi ...
Impact of Human Capital Development on Economic Growth in Nigeria
... Despite the importance of educational institutions, Nigeria spends an almost insignificant proportion of her financial resources on education. In Nigeria, education expenditure as a proportion of gross domestic product (GDP) averaged 5.64 per cent between 1986 and 1990, compared to 5.84 per cent bet ...
... Despite the importance of educational institutions, Nigeria spends an almost insignificant proportion of her financial resources on education. In Nigeria, education expenditure as a proportion of gross domestic product (GDP) averaged 5.64 per cent between 1986 and 1990, compared to 5.84 per cent bet ...
FDI, Trade Openness, Capital Formation, and Economic Growth in
... On the other hand, the endogenous growth theories state that the long-run growth of a country is not only influenced by the volume of physical investment but also depends on the efficiency of utilizing investment. Therefore, endogenous growth model focuses on incorporating organizational, managerial ...
... On the other hand, the endogenous growth theories state that the long-run growth of a country is not only influenced by the volume of physical investment but also depends on the efficiency of utilizing investment. Therefore, endogenous growth model focuses on incorporating organizational, managerial ...
Essentials of Economics, Krugman Wells Olney
... Microeconomics versus Macroeconomics Macroeconomics: The Whole Is Greater Than the Sum of Its Parts A key insight into macroeconomics is that in the short run—a time period consisting of several years but typically less than a decade—the combined effect of individual decisions can have effects that ...
... Microeconomics versus Macroeconomics Macroeconomics: The Whole Is Greater Than the Sum of Its Parts A key insight into macroeconomics is that in the short run—a time period consisting of several years but typically less than a decade—the combined effect of individual decisions can have effects that ...