Factor Market Distortions Across Time, Space and Sectors in China
... Data is interpolated between census years and trends forecasted adjustments between 1978-1982 and from 2006-2007. Note also that census employment counts may capture migrant workers in a way that Statistical Yearbooks do not. ...
... Data is interpolated between census years and trends forecasted adjustments between 1978-1982 and from 2006-2007. Note also that census employment counts may capture migrant workers in a way that Statistical Yearbooks do not. ...
Avoiding the Trap: The Dynamic Interaction of North
... N&P). Our study deals with the question, whether market forces enable international transfer of capital and embodied technologies in such a way that the technology growth rate a developing country catches up with the growth rate of an industrialized country and that the technology gap narrows. If t ...
... N&P). Our study deals with the question, whether market forces enable international transfer of capital and embodied technologies in such a way that the technology growth rate a developing country catches up with the growth rate of an industrialized country and that the technology gap narrows. If t ...
The Penalties of Inefficient Infrastructure
... raise the marginal products fK and fN. On the other hand, this must be paid for by higher taxation (i.e., t increases) which tends to decrease the net-of-tax marginal products. In fact, the wage rate is free to rise or fall with increases in q. Recall, however, that the small open economy’s interest ...
... raise the marginal products fK and fN. On the other hand, this must be paid for by higher taxation (i.e., t increases) which tends to decrease the net-of-tax marginal products. In fact, the wage rate is free to rise or fall with increases in q. Recall, however, that the small open economy’s interest ...
