Production, Information Costs, and Economic Organization pdf
Production, Information Costs, and Economic Organization pdf
... Rewards and the Aggregate Production Function," Rev. Econ. Statist., Nov. 1970, 52, 395-404. Production, Information Costs, and Economic Organization BY ARMEN A. ALCHIAN AND ... assert that the ALCHIAN AND DEMSETZ: ECONOMIC ORGANIZATION 793 The similarity between the preceding analysis and the question of absentee landlordism and of sharecropping ar- ... free association and choice of economic organization. Such organizations need not be the most viable when political constraints limit the forms of organization that can...
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Tài liệu Democracy and Economic Growth pdf
... Development and Cultural Change, Kyklos, Journal of Comparative Economics, Review of Economics and Statistics, European Economic Review, American Economic Review, Public Choice, Applied Economics, ... demands on areas such as education, justice and health, and encourage stable and long-run growth (Rodrik 1999, Lake and Baum 2001, Baum and Lake 2003). Opponents of democracy, other other hand, ... Fixed Effects model, those based on the Random Effects model and those based on Hunter and Schmidt procedure (see Lipsey and Wilson 2001 and Hunter and Schmidt 2004 for details).17 In a...
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Tài liệu Corruption, Democracy, and Economic Growth pdf
... A. and Limongi, F. (1993). “Political Regimes and Economic Growth,” Journal of Economic Perspectives 7: 51–69.Przeworski, A., Alvarez, M.E., Cheibub, J.A. and Limongi, F. (2000). Democracy and Development: ... Publications (London, Thousand Oaks, CA and New Delhi)ever developed (Fukuyama, 1992) and the economic growth and efficiency thatappears to sustain it.We attempt to enhance the understanding of the indirect ... Roots and Cointegration: An Overview,” OxfordBulletin of Economics and Statistics, Special Issue: 607–29.Bardhan, Pranab (1997). “Corruption and Development: A Review of Issues,” Journal ofEconomic...
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Tài liệu The Effect of Social Trust and Economic Growth pdf
... Philippines and Peru might be influenced by low trust levels, whereas the positive performance of countries like Finland and Denmark might be influenced by high trust levels. Thailand and India ... decides between economic institutions, “which correspond to taxes, the security of property rights, contracting institutions, entry barriers, and other economic arrangements” and political institutions, ... life and are more likely to succeed in educational institutions and later on in their professional lives (Uslaner, 2008; Bjørnskov, 2007). 2 Methodology and Data 10 2 Methodology and...
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Tài liệu INNOVATION AND ECONOMIC GROWTH pdf
... of 1945, and a number of firms were already engaged in the manufacture and sale of computers by 1950. And yet, as late as 1956 Howard Aiken, a brilliant physics instructor at Harvard and one ... labour and how much a growth in a unit of capital should add to the output of the economy. It turned out that the measured growth of inputs (i.e., in capital and labor) between 1870 and 1950 ... the future demand for innovations. The fact is that most major innovations enter the world in a very primitive condition, and go through a long process of technical improvements and cost reduction....
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TAXATION AND ECONOMIC GROWTH pdf
... NationalSaving and Economic Performance, edited by B.Douglas Bernheim and John Shoven. Chicago:University of Chicago Press and National Bureauof Economic Research, 1991b.Barro, Robert J., and Jong-Wha ... for economic growth. Figure 3, reproduced fromMendoza, Milesi-Ferretti, and Asea(1996), shows the correlation amongthe OECD countries between incometaxes and economic growth (panels A and ... Robert E. Lipsey, and Mario Zejan. “Is Fixed Investment the Key to Economic Growth?” Quarterly Journal ofEconomics 111 No. 1 (February, 1996): 269–76.Boskin, Michael. “Tax Policy and Economic Growth:...
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Expendable Missiles vs. Reusable Platform Costs and Historical Data pdf
... ENVIRONMENTHEALTH AND HEALTH CAREINFRASTRUCTURE AND TRANSPORTATION INTERNATIONAL AFFAIRSLAW AND BUSINESS NATIONAL SECURITYPOPULATION AND AGINGPUBLIC SAFETYSCIENCE AND TECHNOLOGYTERRORISM AND HOMELAND ... research and analysis.is electronic document was made available from www.rand.org as a public service of the RAND Corporation.CHILDREN AND FAMILIESEDUCATION AND THE ARTS ENERGY AND ENVIRONMENTHEALTH ... posting of RAND documents to a non-RAND website is prohibited. RAND documents are protected under copyright law. For information on reprint and linking permissions, please visit the RAND permissions...
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Recent Developments in Banks’ Funding Costs and Lending Rates pdf
... deposits and in capital markets so their funding costs, and consequently lending rates, are aected by nancial market conditions. For several years up until mid 2007, with market conditions and ... and Wong (2009).Recent Developments in Banks’ Funding Costs and Lending RatesAnna Brown, Michael Davies, Daniel Fabbro and Tegan Hanrick*The global nancial crisis has affected the cost and ... banks’ outstanding long-term debt is estimated to increase by about 30 basis points over the next year and a half and broadly stabilise thereafter.The regional banks, which are smaller and have...
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Banks’ Funding Costs and Lending Rates pdf
... costs, such as risk premia and competitive pressures, which are not affected by the cash rate. At various points in time, changes in these factors can result in changes in funding costs and ... between mid 2007 and 2010. The article also documents the decline in bank lending rates since mid 2011, and discusses the effect on banks’ margins of the movement in funding costs and lending rates. ... from deposits, and short-term and long-term wholesale debt. The 1 This article estimates, at an aggregate level, the cost to the banks of funding their aggregate loan books and, in turn, their...
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