Showing 1 - 10 of 123
The law of association as espoused by David Ricardo and generalized by Ludwig von Mises cannot directly convey what is at stake in exchanges involving specialization in uncertainty bearing. In this article we explain why the entrepreneurial function as conceptualized by Frank Knight and Mises...
Persistent link: https://www.econbiz.de/10010674276
As the growing trade in timber and wood products increasing, it has gained more attention from the main supplier in increasing the export competitiveness of timber and related products. Therefore, countries with large forest resources have an advantage in maximizing the resources in fulfilling...
Persistent link: https://www.econbiz.de/10008793967
While services represent nearly 70 % of value added in all OECD countries, only a fifth of trade in goods and services is due to cross-border supply of services. Then internationalisation of services occurs by commercial presence of firms in host countries, its impact on white collar employment...
Persistent link: https://www.econbiz.de/10008794743
The goal of this paper is to (re)assess the relationship between knowledge intensive busi- ness services (KIBS) and the economic growth. Taking into account various conflicting relationships between KIBS and growth, we build a multi agent-based system involving industrial firms,...
Persistent link: https://www.econbiz.de/10011025616
them and other workers. After showing how land constraints and the productivity dynamics outside agriculture might prevent …This paper questions the Lewis Path perspective of a "world without agriculture" which underpins the "structural …
Persistent link: https://www.econbiz.de/10010738957
the huge need of increasing the productivity in this sector. If increase in agriculture productivity requires both an …. After a long time of disinterest in the agriculture sector in Africa, several voices arise now in favour of greater efforts … towards this sector. Several studies tend to show the crucial role of agriculture in African countries' growth and highlight …
Persistent link: https://www.econbiz.de/10008835404
This paper aims to shed light on the role of the "ideology" of political parties in shaping the evolution of the welfare state in 18 developed democracies, by providing empirical findings on the determinants of social programs entitlements and social spending over the period 1981-1999. The paper...
Persistent link: https://www.econbiz.de/10010929095
This paper envisages endogenous technical change as resulting from the interplay between the economic growth engine, consumption, technology and localization patterns. We perform numerical simulations with the recursive dynamic general equilibrium model IMACLIM-R to study how modeling induced...
Persistent link: https://www.econbiz.de/10010738827
This paper proposes a new test for structural instability in heterogeneous panels. The test builds on the seminal work of Andrews (2003) originally developed for time series. It is robust to non-normal, heteroskedastic and serially correlated errors, and allows for the number of post break...
Persistent link: https://www.econbiz.de/10010739039
This paper envisages endogenous technical change as resulting from the interplay between the economic growth engine, consumption, technology and localization patterns. We perform numerical simulations with the recursive dynamic general equilibrium model IMACLIM-R to study how modeling induced...
Persistent link: https://www.econbiz.de/10008789099