Showing 1 - 10 of 55
The paper describes an attempt to use the British Input Output tables and other computer readable British Economic statistics to test hypotheses about the labour theory of value. Inversion of the I/O matrices is used to obtain estimates of values for commodity groups and the correlations between...
Persistent link: https://www.econbiz.de/10005561044
This paper examines the economic rationale of the ideas of Gladstone & Chadwick on railway regulation and the legacy of their ideas. In 1844 Gladstone proposed and implemented what we would now call price and quantity regulation whereas in 1859 Chadwick proposed competition "for the field", i.e....
Persistent link: https://www.econbiz.de/10005076645
This paper forms part of a research project investigating conceptions of the relationship between micro-level self-seeking agent behaviour and the desirability or otherwise of the resulting macro-level social outcomes in the history of economics. I identify two kinds of conservative rhetorical...
Persistent link: https://www.econbiz.de/10005076660
Adam Smith (1776) is generally ignored as an international trade theorist in textbooks and surveys because of the common belief that he only confirmed the rule of absolute advantages to explain structure of foreign trade. On the other hand, many textbooks and surveys on growth theories simply...
Persistent link: https://www.econbiz.de/10005119326
This paper investigates one reason why some countries have experienced a strong increase in wage inequality over the last decades while others have not. The explanation is based on the link between the quality of education and induced technological change. A country with qualitatively...
Persistent link: https://www.econbiz.de/10005125905
This paper analyses the dynamics of wage and income inequality in Slovenia from 1993 to 2002, using two different data sources. The first is obtained by extracting relevant information on wage earners from the personal income tax (PIT) database and the second is obtained using published data on...
Persistent link: https://www.econbiz.de/10005125991
Concern is growing regarding the poverty impacts of trade liberalization. The strong general equilibrium effects of trade liberalization can only be properly analysed in a CGE model. However, the aggregate nature of CGE models is not suited to detailed poverty analysis. We bridge this gap by...
Persistent link: https://www.econbiz.de/10005407655
The model developed in this paper attempts to provide an explanation of the fact that Icelandic vessel owners and Icelandic skippers do not share costs of operation of a vessel. In the model a skipper is contracted to take a fishing vessel to the fishing ground. The skipper is remunerated with a...
Persistent link: https://www.econbiz.de/10005407708
the non cumulative factor, namely land but also natural resources in general, and long run growth and that offers a … theoretical background for redistribution policies such as land reform. The present model has the advantage to link growth to … developed countries is the one between status quo rent seeking groups and growth promoting groups. …
Persistent link: https://www.econbiz.de/10005408257
Fishermen around the world are usually remunerated by shares. Iceland is no exception in that respect. The fixed wage systems,that have been tried out, have been short- lived and their utilization limited. The fundamental question asked in this paper is: Why do almost all vessel owners use the...
Persistent link: https://www.econbiz.de/10005408330