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Does a Soft Macroeconomic Environment Induce Restructuring on the Microeconomic Level during the Transition Period? Evidence from Investment Behavior of Czech Enterprises
Lizal, Lubomir - EconWPA - 2001
The paper analyzes investment behavior of industrial enterprises in the period immediately following price and foreign … microeconomic decisions. A dynamic investment function with symmetric adjustment cost function based on the Euler equation has been … estimated. The derived and estimated investment function accounts for export sales in order to determine whether firms evaluate …
Persistent link: https://www.econbiz.de/10005118676
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The technological theory of production and a method of decomposition of the rate of GDP in terms of labour and capital services
Pokrovski, Vladimir - EconWPA - 2003
US economy is used to estimate the validity of the proposed theory. …
Persistent link: https://www.econbiz.de/10005134973
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Production Functions Estimates for Soviet Industry and Some Implications
Kyn, Oldrich; Wagener, Hans-Juergen; Hocke, Joerg - EconWPA - 2005
This study presents estimation of production functions for the Soviet industry from the 1951—1970 data. Different specifications and estimation procedures were tried. The results diverged on a wide range and this may have serious implications. The paper shows possible effects of different...
Persistent link: https://www.econbiz.de/10005407937
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The Effects of Life Expectancy on Fiji's Output: A Time Series Approach from 1970 to 2002
Rao, B Bhaskara; Nisha, Fozia; Prasad, Biman C - EconWPA - 2005
Compared to several cross-country studies on the determinants of growth, time series approaches are relatively few and limited in scope. However, time series studies are useful for country-specific policies. But in the recent time series works, with a few exceptions, ad hoc specifications of...
Persistent link: https://www.econbiz.de/10005412824
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Restructuring and Measurement of Efficiency in Firms in Transition
Benacek, Vladimir; Shemetilo, Dmitri; Petrov, Alexei - EconWPA - 2001
In this paper we try to explain some restructuring patterns of Czech textile and clothing industries from a microeconomic point of view. We introduce two measures of production efficiency (the technical and the allocative efficiency) and look at changes in the behaviour of enterprises. In 1994,...
Persistent link: https://www.econbiz.de/10005412948
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DETERMINANTS OF GROWTH RATE: SOME METHODOLOGICAL ISSUES WITH DATA FROM FIJI
Rao, Bhaskara; Rao, Maheshwar - EconWPA - 2005
Compared to many cross-country studies on the determinants of growth rate, time series approaches are relatively few and limited in scope. However, time series studies are useful for country-specific policies. But in many recent works ad hoc specifications have been used to analyze the...
Persistent link: https://www.econbiz.de/10005561111
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Trends in East European Factor Productivity
Kyn, Oldrich; Kyn, Ludmila - EconWPA - 2005
During the 1960s most of the countries of Eastern Europe experienced a visible retardation of economic growth. This paper supports the view of many Eastern as well as Western economists that the retardation was caused primarily by declining rates of growth of the total factor productivity. The...
Persistent link: https://www.econbiz.de/10005125000
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Production Function of Skilled and Unskilled Labour in a Model of a Non-Growing Russian Economy. - Aberdeen: ILM Conference Proceedings, October 11-12, 1999. PP.560-575.
Olenev, Nicholas - EconWPA - 2003
This paper builds a production function of skilled and unskilled labour for the economy that does not grow. The paper uses the constant elasticity of substitution production function (CES) of skilled and unskilled labour on the micro level as an important building stone. The paper obtains a...
Persistent link: https://www.econbiz.de/10005125802
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INTERACTIONS BETWEEN TWO INFORMAL SECTOR LENDERS AND INTEREST RATE DETERMINATION IN THE INFORMAL CREDIT MARKET: A THEORETICAL ANALYSIS
Chaudhuri, Sarbajit - EconWPA - 2005
The paper provides a theory of interest rates determination in the informal credit market in backward agriculture …
Persistent link: https://www.econbiz.de/10005407518
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CREDIT-PRODUCT INTERLINKAGE, CAPTIVE MARKETS AND TRADE LIBERALIZATION IN AGRICULTURE: A THEORETICAL ANALYSIS IN AGRICULTURE: A THEORETICAL ANALYSIS
Chaudhuri, Sarbajit; Banerjee, Asis Kumar - EconWPA - 2005
This paper builds a model of fragmented duopsony in backward agriculture following Basu and Bell (1991) in which the purchasers (traders) have captive markets each but compete in a contested market. We focus on the formation of captive markets through trader-farmer interlinkage in the form of...
Persistent link: https://www.econbiz.de/10005407548