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especially of production and distribution systems' integration. …
Persistent link: https://www.econbiz.de/10005797711
production requires an unobservable input. The economy's wealth distribution affects the equilibrium interest rate and the …
Persistent link: https://www.econbiz.de/10005123568
In this paper we compare sources of economic growth in Japan and the United States from 1975 through 2003, focusing on the role of information technology (IT). We have adjusted Japanese data to conform to U.S. definitions in order to provide a rigorous comparison between the two economies. The...
Persistent link: https://www.econbiz.de/10005084656
In a world where the private protection of property is costly, government redistribution can lead to an increase in aggregate output. I find that while redistribution increases aggregate output, it may make some members of the society worse off. The State may directly enhance economic rights...
Persistent link: https://www.econbiz.de/10005429833
economic growth and in the technologies of production and how those technologies will change over time. This project uses … correlation in labor productivity growth and in AEEI. The observed variability then provides a basis for constructing probability … and then applied to mean trends from a model for uncertainty projections. The probability distributions of these critical …
Persistent link: https://www.econbiz.de/10009436827
Clearwater rivers. We also PIT tagged a large representative sample of hatchery subyearlings reared under a production rearing ….e., transported from a dam, dam passage via bypass, dam passage via turbine intakes or spillways). The production rearing strategy … and Clearwater rivers before release from May to June. Releasing production subyearlings has been suggested as a possible …
Persistent link: https://www.econbiz.de/10009436840
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10005604941
This paper reviews a number of different methods that can be used to estimate potential output and the output gap. Measures of potential output and the output gap are useful to help identify the scope for sustainable noninflationary growth and to allow an assessment of the stance of...
Persistent link: https://www.econbiz.de/10005605416
This paper uses the classical (level) definition of business cycles to analyze the characteristics-duration, amplitude, steepness, and cumulative output movements-of the real GDP series of France, Germany, Italy, the rest of the euro area, and the United States. An index of concordance and its...
Persistent link: https://www.econbiz.de/10005263734
process of production as well as investments. In particular, Hamiltonian (“financial energy”) is determined by rate of return. …
Persistent link: https://www.econbiz.de/10011060771