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The article is concerned with voting indicators in the European Union. The first chapter constructs a model of voting power and defines four indicators: A. Simple relative power, B. Shapley-Shubik index, C. Banzhaf index, D. Coleman index. The second chapter defines data: the voting structure...
Persistent link: https://www.econbiz.de/10005036703
The paper works with assumptions, that the conclusions of mainstream approaches to the growth theory are problematical; there are alternative social-economic approaches to the theory of economic growth that offer more plausible explanations of the fundamental economic questions than the...
Persistent link: https://www.econbiz.de/10008545881
The aim of this paper is to describe the current situation of the least developed countries (LDCs). After briefly explaining their historical development, this paper presents the current definition criteria for LDCs as well as their up-to-date list. The position of the LDCs within the...
Persistent link: https://www.econbiz.de/10005036328
Empirical research on the differences between unit values in the EU's trade with the Czech Republic and the intra-EU average has shown a significant changes. The comparative level of manufacturing products imported from the Czech republic has increased, the comparative level of products exported...
Persistent link: https://www.econbiz.de/10005036595
A social rate of discount is an important variable for cost-benefit analysis. Its size can be crucial for an approval (or disapproval) of the project under evaluation, therefore it is important to have a theoretically founded estimate of the discount rate. There are two main approaches to...
Persistent link: https://www.econbiz.de/10008553107
of a welfare function - its intra and inter-temporal application. 2) A generalized concept of a distance (measured in … Ra and Râ - their interests and values. With respect to a given distance, a discount factor then represents the weight … new sample of a given man, household, firm, nation … or even mankind itself, (b) wealth is likely to grow with the time-distance …
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