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The effect of property rights allocation on characteristics of the vertically integrated company and properties of the corresponding market equilibria are studied. It is shown that partial integration can induce inefficient super-monopolistic market equilibria and unbalance in the functioning of...
Persistent link: https://www.econbiz.de/10011113230
The article describes the situation in the industry of the «green» technologies in the world, the perspectives of the development of the «green» investments in Russia, the main problems of implementation and use environmentally friendly technologies, and provides solutions to these problems.
Persistent link: https://www.econbiz.de/10011113231
The volume of profits in an economy is a magnitude, which is out of sight of orthodox macroeconomics textbooks and effectively ignored by neoclassical economics. In contrast, Kalecki's approach brings to the forefront the sources of profits and makes possible their further analysis. The sources...
Persistent link: https://www.econbiz.de/10011113300
VAR is of same level as that of investment in Hong Kong, which is distinct from the United States. Therefore, in this … model can explain the co-movement of house prices, consumption and investment much better than alternative ones. Moreover …
Persistent link: https://www.econbiz.de/10011113782
Of all the possible ways to invest available funds in our time the most reliable and profitable is to invest in a business project. This article which was written based on real company, demonstrates the superiority of cash invested in production than in stocks or bank deposits
Persistent link: https://www.econbiz.de/10011113890
This extended data appendix describes the sources and methods used to construct the data used in our paper "Economic Growth in the Long Run."
Persistent link: https://www.econbiz.de/10011114018
In Chinese culture, certain digits are lucky and others unlucky. We test how such numerological superstition affects financial decision in the China IPO market. We find that the frequency of lucky numerical stock listing codes exceeds what would be expected by chance. Also consistent with...
Persistent link: https://www.econbiz.de/10011114296
business minimizes the investment risk and offers high profit margin simultaneously. Therefore this business attracted lot of … investment. However, this business has very important implications for several socio- economic indicators. The real estate … business demands huge amount of investments and earns high profit margin than the ordinary investment, therefore leads to …
Persistent link: https://www.econbiz.de/10011114488
The Chinese economy has recently experienced a rapid and fundamental transformation, and the public expenditure on agriculture has also changed to reflect shifts in policy priorities. This paper reviewed public agricultural expenditure in a comprehensive way using detailed expenditure data at...
Persistent link: https://www.econbiz.de/10011114781
This paper examines liberalization of the basic telecommunications sector in a number of Asian countries and the role of the General Agreement on Trade in Services (GATS) in this process. It begins by explaining the working of the GATS as a mechanism for multilateral liberalization efforts. It...
Persistent link: https://www.econbiz.de/10011115165