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Finance, Trade, Man and Machines: A New-Ricardian Heckscher-Ohlin-Samuelson Model
Marjit, Sugata; Das, Gouranga Gopal - 2022
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...
Persistent link: https://www.econbiz.de/10013266637
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Finance, Trade, Man and Machines: A New-Ricardian Heckscher-Ohlin-Samuelson Model
Marjit, Sugata; Das, Gouranga G. - 2023
This paper attempts to build up a Heckscher-Ohlin-Samuelson model of production and trade where capital is introduced outside the production process as a financial capital or credit as per the classical Ricardian wage fund framework. Stock of credit or financial capital as past savings, finances...
Persistent link: https://www.econbiz.de/10013473422
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Ein ganzes Land kann nicht komparativ überlegen sein
Dilger, Alexander - 2023
An einem fehlerhaften Beispiel wird aufgezeigt, dass ein Land nicht in jedem Produkt einem anderen Land komparativ … überlegen sein kann. Absolute Kostenvorteile sind in allen Produkten möglich, doch auch das unproduktivere Land besitzt in der …
Persistent link: https://www.econbiz.de/10014282689
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The New Ricardian Specific Factor Model
Marjit, Sugata; Das, Gouranga Gopal - 2021
This paper explores the implications on trade and wage inequality of introducing financial capital or credit in the standard Ricardian model of production, where a given amount of start-up credit is used to employ sector specific skilled and unskilled workers following the Wage Fund approach of...
Persistent link: https://www.econbiz.de/10012582115
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Aufstieg und Niedergang der Ricardianischen Wirtschaftstheorie
Rahmeyer, Fritz - 2009
his own theory of land rent. They serve as a basis for developing his original theory of income distribution among the … the genesis of the works of Ricardo are dealt with. The building blocks of his theory are Malthus' law of population and …-adjusting model of the economy. Getting at first rid of rent, his intention was to show that - in contrast to Smith - a decrease of …
Persistent link: https://www.econbiz.de/10010266127
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The classical roots of the Austrian theory of capital and entrepreneurship
Meacci, Ferdinando; Ferlito, Carmelo - In: The Review of Austrian Economics 31 (2018) 3, pp. 315-339
The paper deals with the continuities and discontinuities between some classical, Austrian and neo-Austrian authors with regard first to the theory of capital and then to the theory of entrepreneurship. Part I focuses on the elements of continuity between the classical and the Austrian theory of...
Persistent link: https://www.econbiz.de/10011892388
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The theory of value and distribution and the problem of capital
Kurz, Heinz D. - In: European Journal of Economics and Economic Policies: … 17 (2020) 2, pp. 241-264
The paper identifies as the root of the recent controversy in the theory of capital David Ricardo's finding that …
Persistent link: https://www.econbiz.de/10014363387
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Capital-Energy Substitution and Shifts in Factor Demand: A Meta-Analysis
Koetse, Mark J.; de Groot, Henri L.F.; Florax, Raymond … - 2006
This paper presents results of a meta-regression analysis on empirical estimates of capital-energy substitution. Theoretically it is clear that a distinction should be made between Morishima substitution elasticities and cross-price elasticities. The former represent purely technical...
Persistent link: https://www.econbiz.de/10010325225
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Inequality of earnings
Snower, Dennis J. - 1999
This Paper surveys major empirical regularities concerning changes in earnings inequality in Europe and the US over the past 25 years. Next, it indicates which of these regularities can be explained within the competitive demand–supply framework of analysis and what is left unexplained....
Persistent link: https://www.econbiz.de/10010332733
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Wages, Innovation, and Employment in China
Fleisher, Belton M.; McGuire, William H.; Wang, Xiaojun; … - 2017
We investigate the role of factor-priced-induced innovation in mediating the employment impact of expanding production in China. Our empirical approach implements concepts developed in Acemoglu (2010) and complements the approaches summarized by Wei, Xie, and Zhang (2017) that focus on directly...
Persistent link: https://www.econbiz.de/10011653477