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Resource misallocation can lower aggregate total factor productivity (TFP).We use microdata on manufacturing establishments to quantify the potential extent of misallocation in China and India versus the United States. We measure sizable gaps in marginal products of labor and capital across...
Persistent link: https://www.econbiz.de/10009372619
An introduction to interval analysis of distributions, as a new direction of interval analysis, is presented, including illustrated examples. New formulas and additional restrictions for intervals of moments, including mean value, are obtained. Among them are Novoselov formulas for moments and...
Persistent link: https://www.econbiz.de/10009403463
A substantial number of studies have extended the work on universal properties in physical systems to complex networks in social, biological, and technological systems. In this paper, we present a complex networks perspective on interfirm organizational networks by mapping, analyzing and...
Persistent link: https://www.econbiz.de/10009211228
This paper presents interesting correlations which exist between a model of long-wave economic activity and crisis in the United States – “the Political Economy wave” – and the structure of the rings of Saturn, one of the most confounding structures known to science. At the present time...
Persistent link: https://www.econbiz.de/10011110430
Notably, the 20th century was dominated by the legacy of devastating global wars, colonial struggles, and ideological conflicts as well as effort s to establish international systems that would foster global peace and prosperity. Yet, insecurity and corruption not only remain, they have become...
Persistent link: https://www.econbiz.de/10011112282
The purpose of diagnosis was: conduct studies that provide full and accurate knowledge of the cultural needs of the residents of Podlasie Voivodship; identify the main barriers to participation in high culture; quantitative and qualitative definition of cultural institutions image, including the...
Persistent link: https://www.econbiz.de/10011260819
More and more people around the world are using computer (video) games. The development of the gaming industry means increasing of its complexity in all aspects. Not only is the content represented in games continuously differentiating, but we also see the increasing diversity among their...
Persistent link: https://www.econbiz.de/10009422101
The hypothesis is that Pareto and Kaldor-Hicks Efficiency have an aspect of sustainability in relation to inequality …. The analysis finds efficient situations reached increasing inequality as diminishing in the long term effective demand in …
Persistent link: https://www.econbiz.de/10008540106
critique of the picture of world growth and world inequality generally disseminated by international agencies. The positive … comparing PPP and Market Exchange Rate measures of inequality it shows that what really took place, in the closing decades of …
Persistent link: https://www.econbiz.de/10005034370
Relative deprivation (RD), also known as relative poverty , an idea implicitly put forward by Adam Smith in The Wealth of Nations and formally conceptualized by Runciman (1966), refers to the discontent people feel when they compare their positions to others and realize that others in the group...
Persistent link: https://www.econbiz.de/10011260168