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This paper argues that a significant part of measured TFP differences across countries is attributable not to technological factors that affect the entire economy neutrally, but rather, to variations in the structural composition of economies. In particular, the allocation of scarce inputs...
Persistent link: https://www.econbiz.de/10005126217
This paper shows that a significant part of measured total factor productivity (TFP) differences across countries is attributable not to technological factors that affect the entire economy neutrally, but rather, to variations in the structural composition of economies. In particular, the...
Persistent link: https://www.econbiz.de/10005561240
This paper offers an accessible introductory survey of the application of abstract choice theory to consumer theory. In the process, the paper identifires---somewhat more carefully than is usual in the literature--- the relatively small role of the rationality postulates and the relatively large...
Persistent link: https://www.econbiz.de/10005077083
The paper shows that the current view of globalization as an automatic and benign force is flawed: it focuses on only one, positive, face of globalization while entirely neglecting a malignant one. The two key historical episodes that are adduced by the supporters of the “globalization as it...
Persistent link: https://www.econbiz.de/10005118746
Bahía Blanca has been posed as the main Southern city of the country (both in population and economic terms) by various works in the field of economic geography. In particular, it has been emphasized its leading manufacturing sector (historically oriented to exports) and its role as center of...
Persistent link: https://www.econbiz.de/10005125838
It is recognized that the usefulness of accounting infor mation is contingent upon its (1) neutrality, (2) relevancy, and (3) reliability. Given that all socio-economic systems are comprised of participants and institutions, it would seem that the attainment of those three qualities is...
Persistent link: https://www.econbiz.de/10005134985
The notion of de-industrialisation arises from the fact that industrial employment, having risen rapidly, is now in equally rapid decline. This paper presents the view that agriculture and industry together form, and have always formed, a logically seamless "primary" sector which from the...
Persistent link: https://www.econbiz.de/10005062413
-liberal policy reform, is that new technologies diffuse more rapidly where countries are “open” to international trade and investment …, consistent with recent empirical studies, we fail to find support for the idea that foreign direct investment (FDI) accelerates …
Persistent link: https://www.econbiz.de/10005062437
by a continuum of small markets producing distinct commodities. Following Murphy et al. (1989) we model industrialization … conditions, there is a non-monotonic relation between the distribution of land property rights and both industrialization and … land property rights can be detrimental to industrialization, ii) landownership affects the economic performance of an …
Persistent link: https://www.econbiz.de/10005555985
In this paper we analyse the driving forces of the transition from plan to market in China. A two segments and two sectors model is constructed to take into account the particular economic situation in China during the transition process: a large agricultural sector and an industrial sector; a...
Persistent link: https://www.econbiz.de/10005556000