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the level of analysis - firms (micro), industry (meso), and regions/countries (macro) - considered. We conclude that … to advances in empirical research, increasingly more focused on the micro (firms) rather than on the macro (country …
Persistent link: https://www.econbiz.de/10005077825
Based on an economy-wide perspective, this paper begins with a discussion of the bias against exports and agriculture that characterized the economic literature and the development strategies in many developing countries after World War II. This is followed by an analysis of how the...
Persistent link: https://www.econbiz.de/10014024104
This paper studies co-movement in economic aggregates at the national and international level. At the national level, consumption, investment and hours worked display positive co-movement across the business cycle. Technology shocks, which directly affect the real wage rate, can drive...
Persistent link: https://www.econbiz.de/10005069223
boxes, or the Action Bar button object, and “standalone” UI macros, contained in macro objects. To avoid duplicating code …, under Macros, but you can’t run them directly from there. Use the Run Macro action to run a standalone UI macro from an … embedded UI macro …
Persistent link: https://www.econbiz.de/10010675725
This paper develops a New Trade Theory model modified with entry barriers, thereby creating a link between the traditional interests of development and industrial organization economists and research on international trade. I show that entry barriers cause the market size to become endogenous by...
Persistent link: https://www.econbiz.de/10010817504
In this paper we focus on the macroeconomic framework for the transformation of the formerly socialist economies of Central Europe into capitalist mixed market economies. We construct a simple model to compare the situations in Hungary and Poland on the eve of the transformation before the new...
Persistent link: https://www.econbiz.de/10005114151
the first case has often been dealt with by aggregation of individual production functions into a macro production … dependent variable. Construction of a composite (macro) output function is at least partly motivated by the inability of the … without constructing a composite macro production function or an output transformation function. We use nonlinear least …
Persistent link: https://www.econbiz.de/10005789630
The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a Social factors relativized GDP. Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 –...
Persistent link: https://www.econbiz.de/10011258559
variables indeed affect an individual's health trajectory with extreme weight at any moment. By calculating the highly probable …
Persistent link: https://www.econbiz.de/10012048522