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companies. The theme of the influence between finance and industry is not new in the economic literature. The first thesis of … the influence of finance on industry born in the United States (with the Veblen thesis) and Europe (Hilferding, 1910) with … how arguments about the domination of finance on industry developed in the early 20th century are still relevant in modern …
Persistent link: https://www.econbiz.de/10008549975
Usually, an economic good isn't available gratuitously, but the case of information goods and services (IGS) is specific. Their intrinsic properties allow zero prices that is unconceivable for the others economic private goods. The gratuitousness is not the aim of productive activity ; it...
Persistent link: https://www.econbiz.de/10005220168
productivity level comparisons are much more complex, requiring comparable industry data and estimates of purchasing power at a … detailed industry level. The International Comparisons of Output and Productivity (ICOP) project established at the University … by industry. In this article Bart van Ark and Marcel Timmer, two economists from the University of Groningen, provide an …
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The Swiss agriculture is considered to be one of the more subsidized in the world. Using an applied general equilibrium model, we study the effects of two reforms of the agricultural policy on the welfare of various categories of households. Our framework of analysis allows to take into account...
Persistent link: https://www.econbiz.de/10005518791
In the development of the general equilibrium theories, Hicks and Allais played an essential role. We are studying here the contributions which were theirs respectively in Value and Capital (1939) and in the Traité d’économie pure (1943). The accent is put on three points: the theory of...
Persistent link: https://www.econbiz.de/10005341592