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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
no exception. The U.S. government supports domestic rice production through tariffs on imported rice and direct taxpayer … subsidies based on production, prices, and historical acreage. These subsidies result in enormous welfare losses for both U …
Persistent link: https://www.econbiz.de/10014052017
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
This paper investigates various output gap measures in a simple inflation forecasting framework. Reflecting the cyclical position of an economy, an (unobservable) output gap has important implications for economic analysis. I construct and compare common output gap measures for five European...
Persistent link: https://www.econbiz.de/10005826587
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
The paper analyzes the initial output decline in transition economies by estimating a crosssection model stressing two major factors-conflicts and the legacies of the Soviet period. We link the Soviet legacies in place at the outset of the transition to the subsequent path for the development of...
Persistent link: https://www.econbiz.de/10005769029
In many developing countries, a significant part of economic activity takes place in the informal sector. Earlier work has examined the determinants of the size of the informal sector, focusing separately on factors such as tax and regulation burden, financial market development, and the quality...
Persistent link: https://www.econbiz.de/10005769293