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In this paper a particular market failure that may lead to inefficiently low equilibrium fertility and therefore to a need for government intervention are analysed. The friction which is investigated is related to the ownership of children. If parents have no claim on their children’s...
Persistent link: https://www.econbiz.de/10008543088
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone’s income can be appropriated by its model. Only people with the highest ability are cloned, while...
Persistent link: https://www.econbiz.de/10008532010
steady state for an economy which satisfies the usual conditions for dynamic efficiency viz. the rate of interest is at least …
Persistent link: https://www.econbiz.de/10008676972
but, within months, escalated into a general global financial crisis, resulting in collapsing investment not just in … rational-expectations, microeconomic model of why the local crisis escalated into a general freeze in credit flows. It then …
Persistent link: https://www.econbiz.de/10004976651
The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].
Persistent link: https://www.econbiz.de/10005528173
The innovation, efficiency and productivity responses to the stronger protection of intellectual property rights post … increase is found in the annual rates of technical change, efficiency change, and productivity growth – about 3, 8 and 0 …
Persistent link: https://www.econbiz.de/10011133188
productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 …This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor … Indian manufacturing industries. The paper then analyses the factors explaining productivity growth, technical change and …
Persistent link: https://www.econbiz.de/10011026233
of speculation. URL:[https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000270746.pdf]. …
Persistent link: https://www.econbiz.de/10009002236
The study attempts to examine the impact of remittances on macroeconomic activities (private consumption and investment …
Persistent link: https://www.econbiz.de/10005025321
Budget presented by Shri Prasanna Acharya. The first part contains the Agriculture Budget.
Persistent link: https://www.econbiz.de/10010945360