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Whether fixed factors such as land constrain per-capita income growth depends crucially on two variables: the … substitutability of fixed factors in production, and the extent to which innovation is biased towards land-saving technologies. This … addition, I find evidence that denser populations – and hence higher land scarcity – induced innovation towards land …
Persistent link: https://www.econbiz.de/10011258310
As is well‐known,“foot‐binding”,regarded as an inefficient institution owing to its great harm to the women’s body and mind, existed and lasted for a very long period in the history of China. Furthermore, we are faced with the general question: why so many inefficient institutions in...
Persistent link: https://www.econbiz.de/10011258931
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005025710
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005105673
Modern microeconomics and macroeconomics study dynamic phenomena. Dynamics could predict future states of an economy based on its structural characteristics. Economic dynamics are modeled in discrete and continuous time context, mainly via autonomous difference and differential equations. In...
Persistent link: https://www.econbiz.de/10011107562
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
Article on the use of system analysis methodology for modeling socio-economic processes. The author justifies the methodological approach, based on dynamic analysis of exogenous processes in economic and social management practices. Particular attention is paid to the use of index indicators...
Persistent link: https://www.econbiz.de/10011111949
Both theoretical and empirical analyses show that the relationship between population development and carbon emissions … is dynamic, and the population elasticity of carbon emissions is a nonlinear function of population size, age structure … that the relationship between population and carbon emissions is nonlinear results in a better smiulation to the historical …
Persistent link: https://www.econbiz.de/10011259261
attempt to close this widening and politically highly relevant research gap. The EU's total population was 502.5 million, with … a yearly increase of 0.5 million due to natural population increase and 0.9 million due to net migration. While the … now was a sharp and clear-cut rise in the total stock of the resident population in Europe from only three countries …
Persistent link: https://www.econbiz.de/10011260959
Julian Simon has stated, in many of his recent publications, that population growth, although reducing income per … population. This paper intends to measure empirically the length of time needed to achieve that steady state, through the …
Persistent link: https://www.econbiz.de/10005015584