Showing 1 - 10 of 509
This paper models the possible effects over the market price of a homogeneous good when there is a merger. The analysis will be made with two scenarios: (i) using technologies homogenous between firms, (ii) and with any degree of heterogeneity. It is assumed an linear inverse function of demand...
Persistent link: https://www.econbiz.de/10011258439
This paper is devoted to the study of project and entrepreneurial approach in relation to the specifics of the building complex, when in the process of diversification of the construction industry are transformed into multi-complex conglomerates, structural units which are interconnected,...
Persistent link: https://www.econbiz.de/10011112391
complementarity in the production case based on duality, gross and net substitution, elasticity type, and four different basic …
Persistent link: https://www.econbiz.de/10005620043
The Hicks or direct elasticity of substitution is traditionally derived from the production function. This paper …
Persistent link: https://www.econbiz.de/10005616772
picture of the system of production and consumption as a circular process, and it stands in striking contrast to the view … presented by modern theory of a one-way avenue that leads from ‘Factors of production’ to ‘Consumption goods’.” (Sraffa, 1960 …) Neo-Ricardian’s opposition between classical economics and Walrasian theory is based on the representation of production …
Persistent link: https://www.econbiz.de/10009643195
The principal contribution of this article is that it provides evidence of recent trends of inequality in Guyana, but the article goes beyond this and describes the evolution of inequality since 1974 to 2013. This is done within a Kaleckian framework to derive profit and wage rates, since recent...
Persistent link: https://www.econbiz.de/10011107909
This paper develops a model of centralized public spending where decision-makers are the regional median voters instead of the national median voter of the received literature. Regional representatives decide the level of public spending by bargaining in the central legislature. We study how...
Persistent link: https://www.econbiz.de/10011110177
All popular schools lack a consistent profit theory. Economists have no true conception of the most important phenomenon in their universe. This methodological defect persists since Adam Smith. Therefore, the theories of income and wealth distribution are wrong by logical implication. If the...
Persistent link: https://www.econbiz.de/10011111106
Our hypothesis: during the twentieth century governments used state emergency measures to overcome its economic crisis. Such measures did better on the revenue in fiscal expenditures, thereby caused severe imbalances of public policy. It holds that in Colombia there has been no welfare state...
Persistent link: https://www.econbiz.de/10011111593
Nowadays many countries and governments must confront one of the most challenging food and health disasters ever to face human-kind: an epidemic of obesity. Even though several factors can lead to obesity, mostly food industry has been blamed for making people fat. Hence, this article provides a...
Persistent link: https://www.econbiz.de/10011258364