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Infrastructure and Growth in South Africa: Benchmarking, Productivity and Investment Needs, paper presented at Economic Society of South Africa (ESSA) Conference, Durban, 9/7-9/200...
Bogetic, Zeljko; Fedderke, Johannes - EconWPA - 2005
base (2005). Second, we establish clear empirical links between infrastructure and productivity using South African time …- income countries for the period 1980-2002 and then project investment needs in these sectors until 2010. Our projections …
Persistent link: https://www.econbiz.de/10005125863
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MANAGEMENT & DEVELOPMENT OF HAPPINESS : A PRIORITY IN SOCIO-ECONOMIC DEVELOPMENT
Dr.VSR.Subramaniam - EconWPA - 2005
infers that, all nations, irrespective their level of development, should evaluate Productivity/Management Decisions with …
Persistent link: https://www.econbiz.de/10005408439
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Impacts of Native Vegetation and Biodiversity Regulations
Commission, Productivity - EconWPA - 2004
Australian, state and territory regimes came under review for the Commission’s inquiry into native vegetation and biodiversity regulations. The Commission’s preliminary findings were released for public comment in December 2003. It found that the cost of farm regulations could be reduced if...
Persistent link: https://www.econbiz.de/10005556186
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SOCIO-ECONOMIC DEVELOPMENT : MATHEMATICAL MODELS BY DR.VSRS
DR.VSR.SUBRAMANIAM - EconWPA - 2005
practical solutions. Algebraic Model with a broad based Redefined Productivity Model and Management Decision integrated with …
Persistent link: https://www.econbiz.de/10005119190
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Non-Walrasian Labor Markets and Real Business Cycles
Maffezzoli, Marco - EconWPA - 2000
The standard Real Business Cycle literature mainly focuses on Walrasian models designed to fit the US institutional framework. Differences between the US and Europe, mostly evident in the labor market, suggest that a purely Walrasian model may be inappropriate to study European business cycles....
Persistent link: https://www.econbiz.de/10005126464
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A numerical approach to fiscal policy, unemployment, and growth in Europe
Daveri, Francesco; Maffezzoli, Marco - EconWPA - 2000
We calibrate an infinite-horizon model with endogenous growth and unemployment on actual data from the largest countries in the European Union. Two types of balanced-budget fiscal policy experiments are studied. First, the effects of separately changing the tax rates on capital, labor and...
Persistent link: https://www.econbiz.de/10005412655
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Recognizing Investment Opportunities at the Onset of Recoveries
Fioretti, Guido - EconWPA - 2002
Investment decision-making is modeled by means of a Kohonen neural net, where neurons represent firms. This is done in …
Persistent link: https://www.econbiz.de/10005076670
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Aggregate investment dynamics when firms face fixed investment cost and capital market imperfections
Bayer, Christian - EconWPA - 2004
This paper analyzes a model of investment with fixed investment costs and capital market imperfections. In this model … finance influences the level of capital firms hold, as well as the frequency at which they invest. In consequence investment … reacts nonlinearly with respect to shocks to productivity and liquidity. Liquidity and productivity shocks are complements …
Persistent link: https://www.econbiz.de/10005076705
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The Non-Neutrality of Debt in Investment Timing: A New NPV Rule
Sabarwal, Tarun - EconWPA - 2004
Limited liability debt financing of irreversible investments can affect investment timing through an entrepreneur … entrepreneur's unique investment opportunity, and it is shown in a standard model of irreversible investment that includes the … risks, and lowers the investment threshold. Compensating the lender for expected default losses reduces project …
Persistent link: https://www.econbiz.de/10005076954
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Gains and losses: the same or different choices? A “non-ideal” economics approach.
Harin, Alexander - EconWPA - 2005
Ideal economics? A “non-ideal” economics approach has been proposed, which considers the possibility of arrangement infringements. It gives promises for both solving fundamental problems of economic theory and creation of new directions and fields of research. The approach application in...
Persistent link: https://www.econbiz.de/10005124942