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Relying on internationally comparable input-output tables, the paper compares the cost of distribution services to market prices in Italy, Japan and the United States between 1970 and 1990, for various types of final buyers and for various product groups. While this ratio is shown to be stable...
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The recent accelerated expansion of the Brazilian economy, from 2004 to 2007, was driven by exports and gross fixed capital formation. Although this pace of growth is more robust than it was in the 1990s, we can still witness the presence of macroeconomic constraints to its continuation in the...
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[eng] The paper illustrates a novel, experimental approach to the dynamics of an observed eco­nomy described as a sequence of regime changes, and to compare it with traditional mul-tisectoral dynamics. It focuses on its global dynamic behavior and introduces a corresponding practical notion of...
Persistent link: https://www.econbiz.de/10008620865
We consider an economy with two types of firms (innovative and non-innovative) and two types of workers (skilled and unskilled), where workers' decisions are driven by imitative behavior, and thus the evolution of such an economy depends on the initial distribution of the firms. We show that...
Persistent link: https://www.econbiz.de/10008581934
The empirical evidence on the relationship between income inequality and economic growth is widely recognized and, now, there are rich databases for carry on panel-data type of analyses. However, time series studies for specific countries may be more attractive and yield revealing results. For...
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