Showing 1 - 10 of 29
In an influential article Saxonhouse and Wright argued that the quality of local cottonwas the single most important factor in explaining national preferences for ring ormule spinning. For Britain, they argue that mills using more flexible mule spindlescould exploit arbitrage opportunities...
Persistent link: https://www.econbiz.de/10005870603
Intangible capital is an important factor of production in modern economies that is generally neglected in business … cycle analyses. We demonstrate that intangible capital can have a substantial impact on business cycle dynamics, especially … if the intangible is complementary with production capacity. We focus on customer capital: the capital embodied in the …
Persistent link: https://www.econbiz.de/10010352192
This paper presents a model of fertility, which is specific for the industrialization that took place during the nineteenth century and which was concurrent with the demographic transition that occurred over the period. While previous research on demographic transition assumed altruism as the...
Persistent link: https://www.econbiz.de/10013204727
The authors examine the relative importance of the growth of physical and human capital and the growth of total factor …
Persistent link: https://www.econbiz.de/10010397560
corporate tax borne by capital and labor and the efficiency effects of corporate income tax. The data for the study is compiled … period 2000-15. Our empirical estimates suggest that in India capital bears more of the burden of corporate taxes than labor … capital, it confirms the existing empirical results in the context of India. …
Persistent link: https://www.econbiz.de/10011784688
analysis is conducted at two primary levels of abstraction - "capital in general" (where competition between individual … located at the level of "capital in general" and the analysis in the third volume is located at the level of "many capitals …
Persistent link: https://www.econbiz.de/10011788915
We scrutinize the monetary transmission mechanism in New-Keynesian models, focusing on the role of capital, the key …
Persistent link: https://www.econbiz.de/10011796508
We study the behavior of the US labor share over the past 70 years. We find that the capitalization of intellectual property products in the national income and product accounts entirely explains - in a purely accounting sense - the observed decline of the US labor share. We assess the...
Persistent link: https://www.econbiz.de/10012144215
in services affects the volume of goods trade. Additionally, because of interaction between tariffs and competition, the … agreements leading to crossborder services liberalization may boost goods trade as well, they may also lead to a fall in goods …We examine an issue at the nexus of domestic competition policy and international trade, the interaction between goods …
Persistent link: https://www.econbiz.de/10010294549
model jointly to services trade and commercial presence (i.e. FDI), using a composite model of delivery that offers testable … hypotheses about the roles of different modes of services supply as complements or substitutes. We further link our estimates to … and financial services as showing the largest potential for cross-border trade when market regulations are reduced and …
Persistent link: https://www.econbiz.de/10010294854