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is in terminal decline, and that the lost output is being replaced by imports from the developing world. Almost daily … employment in the industrial sector, but this decline is more than counterbalanced by the rise of productivity, so that the … domestic output of goods by and large keeps pace with the growth of GDP. This note summarises the statistical evidence for the …
Persistent link: https://www.econbiz.de/10005407637
input- output table. There is no further need for a separate macroeconomics. …
Persistent link: https://www.econbiz.de/10005412698
Regarding the trade-off between the depth and the duration of recessions, there exists a mounting empirical evidence of … GDP in depth and a relative difference of 3 years duration can be attributed to this parameter. Overlooked for decades …
Persistent link: https://www.econbiz.de/10005076708
along with employment outcomes are explored. The study uses 19 annual cross-sections of the Survey of Consumer Finances … conditions at the time of labour market entry have adverse impacts on both labour force participation and employment. With the …
Persistent link: https://www.econbiz.de/10005408346
along with employment outcomes are explored. The study uses 19 annual cross-sections of the Survey of Consumer Finances … conditions at the time of labour market entry have adverse impacts on both labour force participation and employment. With the …
Persistent link: https://www.econbiz.de/10005408360
in capital price and levels of aggregate investment and output. I present a model economy where the industry-level policy … capital price and subsequently to lower levels of long-run aggregate investment and output. Policy uncertainty also makes … can account for large differences in long-run capital price, investment, and output across countries. Between the lowest …
Persistent link: https://www.econbiz.de/10005407527
trends in output, consumption and investment) to provide new evidence on this question(using subsaharan africa as a case …
Persistent link: https://www.econbiz.de/10005412719
SINCE 1930, EXPECTATIONS HAVE PLAYED AN IMPORTANT ROLE IN ECONOMIC THEORY AND THIS IS BECAUSE ECONOMICS IS GENERALLY CONCERNED WITH THE IMPLICATIONS OF CURRENT ACTIONS FOR THE FUTURE. THIS PAPER THEREFORE ARGUES THAT THE DEVELOPMENT OF RATIONAL EXPECTATIONS THEORY WILL MAKE A MORE SIGNIFICANT...
Persistent link: https://www.econbiz.de/10005412739
We note the empirical regularity that market liberalizations cause an initial fall in output, efficiency and value …
Persistent link: https://www.econbiz.de/10005556021
This paper provides an Input-Output (I/O) based economic impact analysis for organic apple production in Washington … organic and conventional apple production in terms of given unit of land (405 hectares of production). Both state-wide output … (sales) and employment (jobs) impacts are estimated under each scenario. Results are presented in terms of direct, indirect …
Persistent link: https://www.econbiz.de/10005118949