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In this paper, I present a framework for the comparative analysis of the national/regional dynamics of accumulation, technical change and employment from a (here, only sectorally) disaggregated point of view. It focuses on the characteristics of "dynamic variety" and is oriented to empirical...
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Based on a panel data set of the Japanese corporations, we investigate into the collateral role of the land assets. We estimate the Euler equation of investment decision rule by the GMM when the corporations face borrowing constraints.
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successful takeovers in real capital markets. To solve this paradox, we conducted an experimental study by constructing simple …
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object is a producible asset (viz. real capital), new employment is created and extra production is invested in capital …, which generates permanent growth even under decreasing returns to capital. If it is an unproducible asset (viz. money …
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, labor and capital, and the services of an accumulable pure public input (of which an important example is infrastructure …
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