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The analysis of regional income and productivity differences in the European Union (EU) has some tradition. The theoretical framework of most empirical studies on these subjects is the neoclassical growth model. Thus, research has focussed on convergence of income and productivity among EU...
Persistent link: https://www.econbiz.de/10005818050
The productivity generated by capital goods is not uniform, specially over the time. The productivity obtained from phisical goods is minor than one generated by new capital goods, or quality capital goods. It seems that the difference between both kinds of capital stems from the fact that...
Persistent link: https://www.econbiz.de/10005818051
Previous work in the demand for freight transportation has focused in the rail-truck substitution problem, leaving aside the prior own-account versus third-party trade-off, often found in transportation decision-making. The purpose of this paper is to analyze shippers’ behavior relative to...
Persistent link: https://www.econbiz.de/10005818052
Persistent link: https://www.econbiz.de/10003719716