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Author: Navin Aswal
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
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Book Description
Author: Navin Aswal
Publisher:
ISBN:
Category :
Languages : en
Pages : 284
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Book Description
Author: Gene M. Grossman
Publisher:
ISBN:
Category : Industrial productivity
Languages : en
Pages : 62
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Book Description
We develop a model of repeated product improvements in a continuum of sectors. Each product follows a stochastic progression up a quality ladder. Progress is not uniform across sectors, so an equilibrium distribution of qualities evolves over time. But the rate of aggregate growth is constant. The growth rate responds to profit incentives in the R & D sector. We explore the welfare properties of our model. Then we relate our approach to an alternative one that views product innovation as a process of generating an ever expanding range of horizontally differentiated products. Finally, we apply the model to issues of resource accumulation and international trade.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513571540
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
We examine the role of market characteristics and timing in explaining observed heterogeneity in VAT pass-through. We first extend existing theory to characterize the roles of imperfect competition and product differentiation, then investigate these relationships empirically using a panel of 14 Eurozone countries between 1999 and 2013. We find important roles for product market regulation and product quality, and little impact of advance announcement of reforms. Our findings have important implications for policy-makers considering VAT rate adjustments, by illuminating which of the consumers or the producers would experience the brunt of a reform across different settings.
Author: Pranab K. Bardhan
Publisher: Oxford University Press, USA
ISBN: 0198773714
Category : Business & Economics
Languages : en
Pages : 251
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Book Description
Examining a broad spectrum of topics in development economics, this text combines the strength of conventional developmental thought with the insights of contemporary mainstream economics.
Author: Benjamin R. Mandel
Publisher: DIANE Publishing
ISBN: 1437939112
Category : Business & Economics
Languages : en
Pages : 49
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Book Description
A key emerging insight in international econ. is that the scope for quality differentiation can help to explain patterns in export prices at the level of products or firms. In this paper, a unified theoretical framework of firm heterogeneity in cost and quality is brought to bear on an expansive data set of U.S. import transaction prices. The higher moments of the price distribution are used to identify the scope for quality differentiation at the detailed product level. The product classification is then used to evaluate two claims in the nascent firm-level trade quality lit. First, the positive link between exporter capability and price is found to depend on the nature of the product. Second, a time series test documents firm sorting into export markets according to output quality. Illus.
Author: G.M. Grossman
Publisher: Elsevier
ISBN: 9780444815477
Category : Business & Economics
Languages : en
Pages : 904
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Book Description
This reference accords recognition to the recent revolution in macroeconomics wrought by imperfect competition. Grossman and Rogoff (Princeton U.) present chapters by two dozen contributors on two prime areas of research interest: international trade theory and policy (e.g. strategic trade patterns and policies, the relationship between trade and technological progress), and open economy macroeconomics and international finance (covering such topics as exchange rates, foreign lending, and policy coordination). The volume commences with Krugman's overview of the positive theory of international trade, and concludes with analyses of sovereign debt. Annotation copyrighted by Book News, Inc., Portland, OR.
Author: Davide Fantino
Publisher:
ISBN:
Category : Competition
Languages : en
Pages : 52
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Book Description
Author: Thomas L. Beane
Publisher: Nova Publishers
ISBN: 9781600212376
Category : Business & Economics
Languages : en
Pages : 166
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Book Description
This book brings together a collaboration of technological advancements and how they have influenced the world's economy. These include production efficiency, industrial innovation, regional developments and issues economic growth.
Author: Carlo Pietrobelli
Publisher: The University of Malaya Press
ISBN: 9831005430
Category : Business & Economics
Languages : en
Pages : 461
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Book Description
At a time when governments are looking for new approaches to promote economic development as the free markets paradigm has proved to be neither necessary nor adequate, the pioneering work of Sanjaya Lall offers policy relevant insights. Sharing his epistemological coordinates, the contributors to this volume develop his ideas further by treating the theory, methodology and evidence related to development issues inductively through a dynamic set of lenses.
Author: Alex Cukierman
Publisher: MIT Press
ISBN: 9780262031943
Category : Business & Economics
Languages : en
Pages : 430
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Book Description
These original contributions by some of today's leading macroeconomists and political economists explore a broad spectrum of social, political, and technological variables that encourage or impede economic growth. What political and economic factors stimulate growth and make an economy expand? These original contributions by some of today's leading macroeconomists and political economists explore a broad spectrum of social, political, and technological variables that encourage or impede economic growth. Topics range from economic reform and price flexibility to the economic effects of political coups and include both theoretical analysis and empirical results.During the past decade, economists have seen important new developments linking growth and business cycles to government policy. These contributions provide a clear understanding of these processes and their effect in shaping economic policy. They look at the welfare side of economics and offer strong economic models to explain the connection between social policies and economic growth. For example, John Londregan and Keith Poole address the economic effects of political coups, Torsten Persson and Guido Tabellini explore the question of whether inequality is harmful for growth, and Stephen Parente and Edward Prescott look at the role of technology adoption in stimulating growth.The essays cover a wide range of approaches. Several focus on the interaction between growth and the choice of policy, where policy reacts to economic and distributional considerations through a majority rule process. Others take the policy as given and focus on the empirical estimation of the speed of convergence of rates of growth across states and regions and the importance of externalities and knowledge spillovers for rates of growth. Essays about the business cycle fall into two broad categories. One, arising from the new political economy tradition, examines the effects of elections and price decontrols on the business cycle. The other explores the implications of optimal economic policies in a representative agent framework for the cyclical behavior of the economy.
