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Author: Riccardo Faini
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
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Book Description
Author: Riccardo Faini
Publisher:
ISBN:
Category :
Languages : en
Pages : 42
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Book Description
Author: D. Weiserbs
Publisher: Springer Science & Business Media
ISBN: 9400951833
Category : Business & Economics
Languages : en
Pages : 380
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Book Description
The fifth meeting of the «European Production Study Group» (I) was held in Louvain-la-Neuve in September 1984 under the sponsorship of the European Investment Bank. The present volume reports the procee dings of this conference which was devoted to various aspects of industrial investment in Europe. Particular attention was given to empirical contributions. Part one contains those focusing on the determinants of firms' investment. The Group was also concerned by policy implications (part two), by the role and the specific nature of foreign investment (part three) and by theoretical developments which have clear empirical implications such as the problems of the measurement of capital utilisation and rates of return (part four). 1. The study by D. Weiserbs on industrial investment in the six major states of the Community shows marked differences between countries. Ac cording to his results, demand prospects are the main determinant of in vestment growth. Relative price changes have a quantitatively more modest effect while firms' self financing capacity mainly affects short-run deci sions. However, as pointed out by C. Boyd in his comment, the small number of observations imposes strong limitations in the modelling of the dynamic aspects of investment. The following threee studies provide a more deeper analysis for France, Italy and Belgium respectively.
Author: Ciaran Driver
Publisher: Routledge
ISBN: 020398420X
Category : Business & Economics
Languages : en
Pages : 230
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Book Description
Investment - in both facilities and know-how - is essential for growth. Economists try to understand the forces that determine investment, but investment behaviour is unruly; often the term animal spirits is used to explain the resulting volatility. This volume presents studies to explain international investment behaviour and assess its impact on growth and jobs. The authors also examine policy measures to reverse the climate of low investment that has characterised recent decades. The contributors examine how well standard models of investment work, the role of finance constraints, the effect of risk and uncertainty, the impact of alternative forms of corporate governance, the forces shaping the adoption of new technology, the impact of foreign direct investment, the effect of investment on the NAIRU and the causal structure of investment and growth. Editors introductions to the different sections of the book provide comprehensive overviews of the main theories of investment, the impact of investment on growth and employment and examine the main questions raised for policy makers.
Author:
Publisher:
ISBN:
Category : Belgium
Languages : en
Pages : 806
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Author:
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 652
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Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 534
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Book Description
Author: Peter A. Hall
Publisher: Oxford University Press
ISBN: 0199247749
Category : Business & Economics
Languages : en
Pages : 557
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Book Description
Applying the new economics of organisation and relational theories of the firm to the problem of understanding cross-national variation in the political economy, this volume elaborates a new understanding of the institutional differences that characterise the 'varieties of capitalism' worldwide.
Author: Robert Bork
Publisher:
ISBN: 9781736089712
Category :
Languages : en
Pages : 536
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Book Description
The most important book on antitrust ever written. It shows how antitrust suits adversely affect the consumer by encouraging a costly form of protection for inefficient and uncompetitive small businesses.
Author:
Publisher:
ISBN:
Category : Research
Languages : en
Pages : 730
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Book Description
Author: Richard R. Nelson
Publisher: Harvard University Press
ISBN: 9780674041431
Category : Business & Economics
Languages : en
Pages : 456
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Book Description
This book contains the most sustained and serious attack on mainstream, neoclassical economics in more than forty years. Nelson and Winter focus their critique on the basic question of how firms and industries change overtime. They marshal significant objections to the fundamental neoclassical assumptions of profit maximization and market equilibrium, which they find ineffective in the analysis of technological innovation and the dynamics of competition among firms. To replace these assumptions, they borrow from biology the concept of natural selection to construct a precise and detailed evolutionary theory of business behavior. They grant that films are motivated by profit and engage in search for ways of improving profits, but they do not consider them to be profit maximizing. Likewise, they emphasize the tendency for the more profitable firms to drive the less profitable ones out of business, but they do not focus their analysis on hypothetical states of industry equilibrium. The results of their new paradigm and analytical framework are impressive. Not only have they been able to develop more coherent and powerful models of competitive firm dynamics under conditions of growth and technological change, but their approach is compatible with findings in psychology and other social sciences. Finally, their work has important implications for welfare economics and for government policy toward industry.
