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Modelling infrastructure as an international public good in a two-country modelof trade where each country’s social planner behaves strategically, we showthat the equilibrium levels of infrastructure are sub-optimal from a globalperspective...
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This paper provides a formal dynamic analysis of exploitation, class inequalities and profits. A stylised model of a … existence of exploitation. Second, it is shown that, in a competitive environment, asset inequalities are fundamental for the … emergence of exploitation, but they are not sufficient for its persistence, both in equilibria with accumulation and growth, and …
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a firm. The paper also considers expenditures on intangible items such as brands or resource exploration.The paper …, mineral exploration by industry) using Statistics Canada's high quality and internally consistent databases. It produces …
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