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Author : Edmond Malinvaud
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (891 download)
Download or read book Capital Accumulation and Efficient Allocation of Resources written by Edmond Malinvaud and published by . This book was released on 1953 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.:/5 (634 download)
Download or read book Capital Accumulation and Allocation in Economic Growth written by and published by . This book was released on 2003 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anne Villamil
Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.:/5 (248 download)
Download or read book Special Issue: Capital Accumulation and Allocation in Economic Growth written by Anne Villamil and published by . This book was released on 2003 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Shanti S. Tangri
Publisher :
ISBN 13 :
Total Pages : 172 pages
Book Rating : 4.3/5 (91 download)
Download or read book Capital Accumulation and Economic Development written by Shanti S. Tangri and published by . This book was released on 1967 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Ronald Britto
Publisher :
ISBN 13 :
Total Pages : 270 pages
Book Rating : 4.:/5 (238 download)
Download or read book Efficient Allocation of Resources in a Growing Economy written by Ronald Britto and published by . This book was released on 1966 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : David Collins Reid
Publisher : Kessinger Publishing
ISBN 13 : 9781104628994
Total Pages : 226 pages
Book Rating : 4.6/5 (289 download)
Download or read book Capital and Profits (1914) written by David Collins Reid and published by Kessinger Publishing. This book was released on 2009-06 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: This scarce antiquarian book is a facsimile reprint of the original. Due to its age, it may contain imperfections such as marks, notations, marginalia and flawed pages. Because we believe this work is culturally important, we have made it available as part of our commitment for protecting, preserving, and promoting the world's literature in affordable, high quality, modern editions that are true to the original work.
Author : David Cass
Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.:/5 (226 download)
Download or read book Individual Saving, Aggregate Capital Accumulation, and Efficient Growth written by David Cass and published by . This book was released on 1967 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Kenneth J. Arrow
Publisher : W. W. Norton & Company
ISBN 13 : 0393355799
Total Pages : 61 pages
Book Rating : 4.3/5 (933 download)
Download or read book The Limits of Organization written by Kenneth J. Arrow and published by W. W. Norton & Company. This book was released on 1974-02-17 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The tension between what we wish for and what we can get, between values and opportunities, exists even at the purely individual level. A hermit on a mountain may value warm clothing and yet be hard-pressed to make it from the leaves, bark, or skins he can find. But when many people are competing with each other for satisfaction of their wants, learning how to exploit what is available becomes more difficult. In this volume, Nobel Laureate Kenneth J. Arrow analyzes why - and how - human beings organize their common lives to overcome the basic economic problem: the allocation of scarce resources. The price system is one means of organizing society to mediate competition, and Arrow analyzes its successes and failures. Alternative modes of achieving efficient allocation of resources are explored: government, the internal organization of the firm, and the 'invisible institutions' of ethical and moral principles. Professor Arrow shows how these systems create channels to make decisions, and discusses the costs of information acquisition and retrieval. He investigates the factors determining which potential decision variables are recognized as such. Finally, he argues that organizations must achieve some balance between the power of the decision makers and their obligation to those who carry out their decisions - between authority and responsibility.
Author : John Eatwell
Publisher : Springer
ISBN 13 : 1349202150
Total Pages : 321 pages
Book Rating : 4.3/5 (492 download)
Download or read book Allocation, Information and Markets written by John Eatwell and published by Springer. This book was released on 1989-09-21 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is an extract from the 4-volume dictionary of economics, a reference book which aims to define the subject of economics today. 1300 subject entries in the complete work cover the broad themes of economic theory. This volume concentrates on the topic of allocation information and markets.
Author : Edmund S. Phelps
Publisher : W W Norton & Company Incorporated
ISBN 13 : 9780393330564
Total Pages : 208 pages
Book Rating : 4.3/5 (35 download)
Download or read book Golden Rules of Economic Growth written by Edmund S. Phelps and published by W W Norton & Company Incorporated. This book was released on 1966-06 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume of twelve interlocked essays in mathematical economics deals with a central problem of modern economic theory: the search for a path to an optimum level of economic growth. The meaning of the Golden Rule concept is thoroughly expounded, and certain analogues are presented to show that the fundamental notion of a "commanding" growth path is encountered even in models in which no pure and simple Golden Rule path exists. The Golden Rule concept is tested and applied to a number of theoretical formulations and then extended to several kinds of investment other than capital formation, as the author postulates a Golden Rule of Research, a Golden Rule of Education, and even a concept dealing with population control-a Golden Rule of Procreation. This thorough and original work is important reading for students of macroeconomic theory, growth, development, and capital theory.
Author : Richard B. DuBoff
Publisher : Routledge
ISBN 13 : 1315492407
Total Pages : 236 pages
Book Rating : 4.3/5 (154 download)
Download or read book Accumulation and Power written by Richard B. DuBoff and published by Routledge. This book was released on 2016-07-22 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accumulation and Power analyses America’s economic development across three great waves of economic expansion: the Grand Traverse 1850-1900, the New Era 1916-1929 and the Great Postwar Boom, 1945-1972. Drawing on the work of Keynes, Schumpeter, Marx it departs radically from the "new economic history" model, focusing instead on capitalist decision making and its social consequences. It argues that the accumulation process is far more important than competitive markets in explaining resource allocation and growth. This innovative book is essential reading for all students and scholars of American economic history.
Author : Hiroshi Atsumi
Publisher :
ISBN 13 :
Total Pages : 166 pages
Book Rating : 4.:/5 (177 download)
Download or read book The Efficient Capital Accumulation in Open Models written by Hiroshi Atsumi and published by . This book was released on 1966 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hans-Werner Sinn
Publisher : North Holland
ISBN 13 :
Total Pages : 436 pages
Book Rating : 4.F/5 ( download)
Download or read book Capital Income Taxation and Resource Allocation written by Hans-Werner Sinn and published by North Holland. This book was released on 1987 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph investigates the intersectoral, international, and intertemporal allocation effects of alternative systems of capital income taxation characterized by different degrees of integration between corporate and personal taxation, depreciation rules, provisions for interest deductibility, and the like. The systems studied include those of the OECD countries as well as proposed systems advocated by various authors and tax committees. In contrast to the ''Harberger literature'', the book provides a microfoundation for the analysis of tax distortions. It is not assumed that the various components of capital income taxation can be lumped together as an ''effective tax rate'' that captures all the information relevant for assessing the distortions. Instead, the allocative roles of these components are explicitly derived from the households' and firms' optimization problems. Much emphasis is placed on the tax-induced interaction between the firms' real and financial decisions, and it is argued that this interaction fundamentally changes the nature of many of the tax distortions traditionally claimed for the real economy, sometimes even reversing their direction. All allocative results are derived from market equilibrium models. The distortion in the process of capital accumulation, for example, is studied in a perfect foresight intertemporal general equilibrium model with infinitely lived firms and households which is a decentralized version of the neoclassical model of optimal economic growth. Although basically theoretical, the book has a strong policy orientation and comments on a number of issues that are of current political concern. Particular attention is paid to the 1981 and 1986 U.S. tax reforms. It is argued that the 1981 reform was a major cause of the disturbances in international capital markets which troubled the world economy at the beginning of the eighties and that the 1986 policy of 'tax cut cum base broadening' will stimulate economic growth, but induce capital flight from the United States into the rest of the world.
Author : David Cass
Publisher :
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.:/5 (61 download)
Download or read book Individual Saving, Aggregate Capital Accumulation written by David Cass and published by . This book was released on 1965 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Terry L. Roe
Publisher : Springer Science & Business Media
ISBN 13 : 0387773584
Total Pages : 333 pages
Book Rating : 4.3/5 (877 download)
Download or read book Multisector Growth Models written by Terry L. Roe and published by Springer Science & Business Media. This book was released on 2009-10-03 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: The primary objective of this book is to advance the state of the art in specifying and ?tting to data structural multi-sector dynamic macroeconomic models, and empirically implementing them. The fundamental construct upon which we build is the Ramsey model. A most attractive feature of this model is the insights it provides into the dynamics of an economy in tr- sition to long-run equilibrium. With some exceptions, Ramsey models are highly aggregated – typically single sector models. However, interest often lies in understanding the forces of e- nomic growth across multiple sectors of an economy and on how policy impacts likely play out over time. Such analyses call for moredisaggregatedmodelsthatcanbe?ttocountryorregional data.Thisbookshowshowto:(i)extendthebasicmodeltom- tiple sectors, (ii) how to adapt the basic model to account for policy instruments, and (iii) ?t the model to data, and obtain equilibrium values both forward and backward in time from the data points to which the model is initially ?t.
Author : Ross Levine
Publisher :
ISBN 13 :
Total Pages : 130 pages
Book Rating : 4.:/5 (318 download)
Download or read book Finance and Growth written by Ross Levine and published by . This book was released on 2004 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This paper reviews, appraises, and critiques theoretical and empirical research on the connections between the operation of the financial system and economic growth. While subject to ample qualifications and countervailing views, the preponderance of evidence suggests that both financial intermediaries and markets matter for growth and that reverse causality alone is not driving this relationship. Furthermore, theory and evidence imply that better developed financial systems ease external financing constraints facing firms, which illuminates one mechanism through which financial development influences economic growth. The paper highlights many areas needing additional research"--NBER website
Author : Salvatore Capasso
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book Financial Markets, Development and Economic Growth written by Salvatore Capasso and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The development of financial systems is very often characterised by the development of innovative financial contracts which allow a more efficient allocation of resources and a higher level of capital productivity and economic growth. By exploiting the microeconomic theory of the optimal financial contract under asymmetric information, economists have recently managed to shed new light on the well studied issue of the relationship between financial market development and economic growth. This paper reviews the most recent progress of this literature which shows that the amount of information asymmetry in the credit market and the degree of heterogeneity between borrowers (typically firms) and lenders (typically workers or savers) determine the nature of the financial system. Differences in endowments and in the level of information distribution can give rise to very different financial contracts which affect, and in turn are affected, by capital accumulation and growth.
