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„h Australia¡¦s surge in productivity growth in the 1990s fuelled an acceleration in growth in total income and average … income (income per person in Australia). ¡V Annual average income growth accelerated from 1.4 per cent in the 1970s and 1980s … income growth of the 1990s was distributed evenly between labour (wages and salaries) and capital (profits). The labour and …
Persistent link: https://www.econbiz.de/10005556030
increases in income. This amounts to a rejection of the hypothesis that current income is the only argument in the utility … function. One possible answer is that human development involves more than current income (e.g., as argued by the UN). We find … absolute income, the generosity of the welfare state and (weakly) with life expectancy; it is negatively correlated with the …
Persistent link: https://www.econbiz.de/10005561269
tax- and contribution rules built into tax-benefit models to convert net income information into gross amounts. Using … to produce different net-to-gross ratios for different income components. We undertake a case study to illustrate the … income sources of the same individual. …
Persistent link: https://www.econbiz.de/10005561509
Empirical studies of intertemporal dynamics of individual income, distribution of personal income, and growth and … distribution of national income are all based on statistics that rely on some concept of income. The dominant one today appears to … be the so-called Haig-Simons-Hicks (HSH) concept of income. I examine the foundations of this concept in Hicks's Value …
Persistent link: https://www.econbiz.de/10005135036
In this study we make an attempt to visualize the structure of the economy of Udalguri Subdivision of Assam, India. The structure of an economy comprises the characteristic features of and the interrelationships among its constituent parts and subsystems. These characteristic features and...
Persistent link: https://www.econbiz.de/10005407862
The relationship between speed and income is established in a micro- economic model focusing on the trade-off between … driver will choose to exceed the speed limit. The relationship between speed and income is found again in the empirical … speed on income, distance travelled and a number of controls. The results are clearly significant and indicate an average …
Persistent link: https://www.econbiz.de/10005062524
are random with respect to income. We use data on income and democracy going back to 1820, multiple definitions of … democracy, and non-parametric testing focusing on the distribution of entrants’ incomes. We find that income matters for entry … into higher levels of democracy; but if we control for the previously achieved level of democracy, the income effect …
Persistent link: https://www.econbiz.de/10005076629
The replacement of wage-labour farms by family farms in Central and Eastern Europe during the transformation has been more limited than was initially expected. In this paper a formal framework is developed in order to analyse the behaviour of family farms and socialist-style farms in the...
Persistent link: https://www.econbiz.de/10005555994
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
Decompositions of productivity indices contribute to our understanding of what drives the observed productivity changes by providing a detailed picture of their constituents. This paper presents the most comprehensive decomposition of total factor productivity (TFP) to date. Starting from the...
Persistent link: https://www.econbiz.de/10005556263