Showing 1 - 10 of 139
Current paper analyses the influence of the length of production technologies life-cycles on the relative intensity of investments of a multi-product monopolist into different types of innovations. This monopolist is developing new versions of the basic product continuously and simultaneously...
Persistent link: https://www.econbiz.de/10011115498
Tourism has been growing in Nepal. Tourism creates various direct, indirect and induced effects in the economy. This paper is designed to examine the role of tourism development on economic growth in Nepal. The study is based on annual data of gross domestic product, foreign exchange earnings...
Persistent link: https://www.econbiz.de/10011108839
Article on the causes, dynamics of development and institutional forms of economic cycles. We study the institutional patterns associated with the formation, development and completion of economic cycles from the standpoint of an exogenous approach. The author proves the thesis about the...
Persistent link: https://www.econbiz.de/10011111926
This paper draws on institutional and evolutionary economics and contributes to an approach to environmental policy which diverges from mainstream prescriptions. The 'socio-technical system' is the core concept: this is a complex made of co-evolving institutions, technologies, markets and actors...
Persistent link: https://www.econbiz.de/10009647427
theory, they produce results worse than those they are attempting to correct. Thus, these distorting effects are equally as …
Persistent link: https://www.econbiz.de/10005789944
The paper studies the dynamics of economic growth caused by an increase in the growth rate of tourism demand. We develop a simple dynamic model of a small open economy, which is completely specialized in the production of tourism services (island economy model), populated by a large number of...
Persistent link: https://www.econbiz.de/10005037754
We show how accommodation of the consumption efficiency hypothesis can explain the existence of involuntary unemployment in the two-by-two Heckscher-Ohlin-Samuelson (HOS) model. Although the workers consume both the commodities their nutritional efficiency depends on the consumption of one...
Persistent link: https://www.econbiz.de/10005835705
This paper attempts to identify the different channels through which economic reforms can affect the incidence of child labour in a developing economy. Using a three-sector general equilibrium model it shows that inflows of foreign capital can lower the problem of child labour by raising the...
Persistent link: https://www.econbiz.de/10005836084
The present paper purports to examine the consequence of mid-day meal program and/or cash stipend scheme on the incidence of child labour in a developing economy using a three-sector general equilibrium model. It has been found that the policy may be counterproductive as it lowers both the...
Persistent link: https://www.econbiz.de/10005836138
framed in Robert Brenner’s classic critique of World Systems and Dependency Theory. It was originally presented to the July …. However the reverse happens, and development theory is deprived of an adequate explanation for national differentiation in … theory. The paper locates the origin of this failure within the systematic replacement of this theory by an equilibrium re …
Persistent link: https://www.econbiz.de/10005836280