Output Targets, Input Rationing and Inventories

Output Targets, Input Rationing and Inventories PDF Author: Stephen M. Goldfeld
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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Output Targets, Input Rationing and Inventories

Output Targets, Input Rationing and Inventories PDF Author: Stephen M. Goldfeld
Publisher:
ISBN:
Category :
Languages : en
Pages : 18

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Input and Output Inventories

Input and Output Inventories PDF Author: Brad R. Humphreys
Publisher:
ISBN:
Category : Inventory control
Languages : en
Pages : 66

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Optimal Decisions In Markets And Planned Economies

Optimal Decisions In Markets And Planned Economies PDF Author: Richard Quandt
Publisher: Routledge
ISBN: 1000236498
Category : Political Science
Languages : en
Pages : 332

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Book Description
Much research into the economics of socialist planned economies has emphasized macroeconomic issues central to setting and meeting macroeconomic goals, and research on the theory of the firm in capitalist economies is not generally relevant to socialist economies. In this volume, leading economists from both East and West fill the gap in the literature by examining in critical detail many different aspects of the microeconomics of the firm in socialist economies.

The Socialist System

The Socialist System PDF Author: János Kornai
Publisher: Princeton University Press
ISBN: 0691228027
Category : Political Science
Languages : en
Pages : 675

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Book Description
To understand the dramatic collapse of the socialist order and the current turmoil in the formerly communist world, this comprehensive work examines the most important common properties of all socialist societies. JNBnos Kornai brings a life-long study of the problems of the socialist system to his explanation of why inherent attributes of socialism inevitably produced in-efficiency. In his past work he has focused on the economic sphere, maintaining consistently that the weak economic performance of socialist countries resulted from the system itself, not from the personalities of top leaders or mistakes made by leading organizations and planners. This book synthesizes themes from his earlier investigations, while broadening the discussion to include the role of the political power structure and of communist ideology. Kornai distinguishes between two types, or historical phases, of socialism. The "classical socialism" of Stalin, Mao, and their followers is totalitarian and brutally repressive, but its components fit together and make up a coherent edifice. Associated with names like Tito, KNBdar, Deng-Xiaoping, and Gorbachev, "reform socialism" relaxes repression, but brings about a sharpening of inner contradictions and the eventual dissolution of the system. Kornai examines the classical system in the first half of the book, and moves on to explore the complex process of reform in the second half. The Socialist System is addressed to economists in the first place, but also to political scientists, sociologists, and historians. In addition, it will appeal to policymakers, business analysts, and government officials who need to understand either formerly or presently communist countries.

The National Council for Eurasian and East European Research, 1978-1998

The National Council for Eurasian and East European Research, 1978-1998 PDF Author:
Publisher:
ISBN:
Category : Europe, Eastern
Languages : en
Pages : 342

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Input and Output Inventories in General Equilibrium

Input and Output Inventories in General Equilibrium PDF Author: Matteo Iacoviello
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
We build and estimate a two-sector (goods and services) dynamic stochastic general equilibrium model with two types of inventories: materials (input) inventories facilitate the production of finished goods, while finished goods (output) inventories yield utility services. The model is estimated using Bayesian methods. The estimated model replicates the volatility and cyclicality of inventory investment and inventory-to-target ratios. Although inventories are an important element of the model's propagation mechanism, shocks to inventory efficiency or management are not an important source of business cycles. When the model is estimated over two subperiods (pre and post 1984), changes in the volatility of inventory shocks or in structural parameters associated with inventories, such as the input inventory to output ratio, play a small role in reducing the volatility of output.

Competition, Instability, and Nonlinear Cycles

Competition, Instability, and Nonlinear Cycles PDF Author: Willi Semmler
Publisher: Springer Science & Business Media
ISBN: 3642516998
Category : Business & Economics
Languages : en
Pages : 357

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Book Description
I. The Topic and the structure of the Proceedings The papers in this book are the proceedings of a conference held at the Economics Department of the Graduate Faculty of the New School for Social Research in March 1985 in New York for which financial support was provided by .the West German Consulate. The topic of the conference was "Competition, Instability, and Nonlinear Cycles." A number of mathematical economists from Italy, West Germany, France, Japan, and the u.s. were invited as participants in this meeting. The conference was preceded by two other conferences in which several of the invited scholars had taken part. One, on "la gravitation des prix," took place in Nanterre, France,in March 1984. The other was held at the New School for Social Research in April 1984 on "Price of Production in Joint Production systems." Both conference were concerned with classical prices of production systems and their revival in the form developed by Sraffa and Pasinetti (1977). In these conferences, considerable interest arose in more properly modeling the dynamics of prices of production systems in a multi sectoral framework by utilizing modern mathematical tools of dynamical systems. Such a discussion on the dynamics of the classical process of competition and the stability of classical production prices was originally initiated by several papers by Nikaido (1977, 1983, 1984) and further pursued by several scholars (see Steedman, 1983; Boggio, 1980; Kuroki, 1983; Dumenil/Levy, 1983; Krause, 1983, 1984; Hosoda, 1985; Filippini, 1985).

Macroeconomics

Macroeconomics PDF Author: James D Gwartney
Publisher: Academic Press
ISBN: 1483214052
Category : Business & Economics
Languages : en
Pages : 601

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Book Description
Macroeconomics: Private and Public Choice discusses the principle of macroeconomics, particularly government expenditure, taxation, public choice theory, and labor markets. The book also covers aggregate supply, fiscal policy, inflation, unemployment, traditional Keynesian theory, low productivity, rapid inflation. The text explains international economics and comparative systems such as the export-import link, export taxes, and foreign finance. It analyzes the existence of trade barriers as being due to domestic protectionism policies, special interest nature of trade restrictions, and economic illiteracy. The book examines the economics of government failure, namely, the collective decision-making process as being both beneficial and limited of public sector economic action. Among the reasons cited for government failure are voter ignorance, inefficient public policy, existence of special interests, imprecise knowledge of consumer preferences, as well as government shortsightedness. The book also examines why government intervention in some activities can be beneficial, for example, weak market competition or monopoly, uninformed consumers, and when conditions of external benefits can be achieved. Economists, sociologists, professors in economics, or policy makers involved in economic and rural development will find the text valuable.

Optimal Decisions In Markets And Planned Economies

Optimal Decisions In Markets And Planned Economies PDF Author: Richard Quandt
Publisher: Routledge
ISBN: 1000308375
Category : Political Science
Languages : en
Pages : 332

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Book Description
Much research into the economics of socialist planned economies has emphasized macroeconomic issues central to setting and meeting macroeconomic goals, and research on the theory of the firm in capitalist economies is not generally relevant to socialist economies. In this volume, leading economists from both East and West fill the gap in the literature by examining in critical detail many different aspects of the microeconomics of the firm in socialist economies.

Comparative Economic Systems

Comparative Economic Systems PDF Author: Richard L. Carson
Publisher: M.E. Sharpe
ISBN: 9780765639936
Category : Business & Economics
Languages : en
Pages : 288

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Book Description
This revision of the best-selling text continues to analyze and explain economic systems using standard supply, demand, and cost analysis, along with property rights. Since the first edition appeared in 1990, much of the world has been going through one of history's great economic upheavals, in which state-managed economies of the Soviet type are transforming themselves into market-based systems. Coverage in this second edition reflects these changes with an all-new chapter on transitional economies. All graphs, tables, and other statistical data have also been updated, and a new appendix to chapter one develops the notion of common property to analyze problems of resource depletion and environmental degradation. Now in a convenient new format, Comparative Economic Systems, Second Edition will be published in two volumes instead of the original three. Volume II will appear in Fall 1997 as will a combined hardcover edition of Volume I and II.