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The debate in Australia on the (constant-output) elasticity of labour demand with respect to wages has wrongly sidelined the role of capital stock as a determinant of employment (Webster, 2003). As far back as 1991, Pissarides had argued that the influence of capital stock on the performance of...
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number of well-understood reasons. -- Energy Efficiency ; Energy Investment ; Energy And Development ; Industrial Development …
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investment behaviour is to anticipate the implementation of a climate policy by roughly 10 years. Investing in innovation ahead …
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