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The ability to see past and present simultaneously must be of prime importance in any development scenario. This speaks to the essence of the Janus Development Strategy, whose philosophy is outlined below. .......................Janus was represented with two faces, originally one face was...
Persistent link: https://www.econbiz.de/10005555996
(i) gross fixed capital formation does not equal investment, (ii) investment does not equal the value of fixed assets … newly created through investment, (iii) depreciation is an accounting measure that has no impact on changes in the …
Persistent link: https://www.econbiz.de/10005556078
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
This paper shows the impact that investment in infrastructure may have on the efficiency of agricultural products …
Persistent link: https://www.econbiz.de/10005556218
The role that Bernanke’s Bad News Principle plays in the modern theory of investment under uncertainty is analyzed. The … analysis shows that the actual investment dilemma is that by delaying investment firms trade off a higher present value of … earnings for a lower present value of the investment cost, in contrast to previous interpretations of this dilemma. The …
Persistent link: https://www.econbiz.de/10005556573
In this paper we empirically analyse the linkages among growth, investment and reforms in the South East Asian …
Persistent link: https://www.econbiz.de/10005556730
I reconsider the effect of capital income taxation on firm size and firm growth by embedding the nucleus theory of firm development of Sinn (1991) into a framework of monopolistic competition with new firm creation. In a turnover of firms, firm destruction is counterbalanced by a permanent...
Persistent link: https://www.econbiz.de/10005556917
The captioned article was earlier published in “Economic Horizons” volume 18, #72 – AH 1418 – 1997 (4) Pages (65-78). I had some concerns about the article regarding the methodology adopted for analysis in deriving the macroeconomic parameters and the derivation and interpretation of...
Persistent link: https://www.econbiz.de/10005561154
This paper addresses the question if there are differences between time patterns in the volatility of investment across … different industrial sectors. A competitive partial-equilibrium model with quadratic adjustment costs in investment and a GARCH … demand shock is developed to predict aggregate investment in a sector. It is shown that under the assumptions made in the …
Persistent link: https://www.econbiz.de/10005561184
El presente documento realiza un análisis del negocio del Gas Natural en Bolivia y de sus posibles impactos en las recaudaciones, exportaciones y el Producto Interno Bruto. Las principales conclusiones sugieren que, el sector de hidrocarburos se perfila como uno de los pilares para el...
Persistent link: https://www.econbiz.de/10005561220