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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
It is assumed that performance of production system can be described with the three variables: amount of production equipment -- capital stock $K$ and 'consumption' of labour L and capital services S. It is shown that the production function can be specified as the known Cobb- Douglas production...
Persistent link: https://www.econbiz.de/10005134973
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Governance Matters III: Governance Indicators for 1996-2002
Kaufmann, Daniel; Kraay, Aart; Mastruzzi, Massimo - EconWPA - 2003
This paper presents estimates of six dimensions of governance covering 199 countries and territories for four time periods: 1996, 1998, 2000, and 2002. These indicators are based on several hundred individual variables measuring perceptions of governance, drawn from 25 separate data sources...
Persistent link: https://www.econbiz.de/10005561191
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The Janus Development Strategy: Jamaica In Transition
Jones, Peter w - EconWPA - 2005
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
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New Capital Estimates for China
Holz, Carsten A. - EconWPA - 2005
(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
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Impacts of Native Vegetation and Biodiversity Regulations
Commission, Productivity - EconWPA - 2004
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
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Market integration for agricultural output markets in Peru: the role of public infrastructure
Escobal, Javier; Vásquez, Arturo - EconWPA - 2005
This paper shows the impact that investment in infrastructure may have on the efficiency of agricultural products …
Persistent link: https://www.econbiz.de/10005556218
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More on Bernanke's “Bad News Principle”
Maoz, Yishay D. - EconWPA - 2005
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
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Growth, private investment and reforms : A comparative perspective
KAMEL, Ghazouani - EconWPA - 2005
In this paper we empirically analyse the linkages among growth, investment and reforms in the South East Asian … considerably among them selves as well as with regard to the rest of the world, in terms of resources endowment, structure of …
Persistent link: https://www.econbiz.de/10005556730
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Dividend and Capital Gains Taxation in a Cross-Section of Firms
Dietz, Martin D. - EconWPA - 2004
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
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Estimation of Some Omani Macroeconomic Parameters - A Discussion
Rao, Ananth - EconWPA - 2003
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