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The Productivity of Public Capital: A Meta-analysis
2010The paper measures the contribution of public capital to private output using a simple meta-analysis and a meta-regression analysis based on panel data. We find an output elasticity of public capital of 0.14 in the random effects model, which is substantially smaller than the simple arithmetic average value of 0.20.
Ligthart, J.E., Martin Suarez, R.M.
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Simultaneous Signalling to the Capital and Product Markets
The RAND Journal of Economics, 1988In this article we analyze an informed firm's choice of financial structure when the financing contract is observed not only by the capital market but also by a second uninformed party, such as a competing firm. The informed firm's gross profit is endogenous, because the second party's action depends on the transaction it observes between the informed ...
Gertner, Robert H. +2 more
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The Production Function and the Theory of Capital
The Review of Economic Studies, 1953This chapter discusses the production function and the theory of capital. The dominance in neo-classical economic teaching of the concept of a production function has had an enervating effect upon the development of the subject. The neo-classical system is based on the postulate that, in the long run, the rate of real wages tends to be such that all ...
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Production and Inventory Behavior of Capital [PDF]
Annals of Economics and Finance, 2005 This paper provides a dynamic optimization model of durable goods inventories to study the interactions between investment demand and the production of capital goods. There are three major findings: first, capital suppliers¡¯ inventory behavior makes investment demand more volatile in equilibrium; second, equilibrium price of capital is characterized ...
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Women, Production and Capitalism
1982African women have varying degrees of economic independence, often despite social orders that place them under the authority of husbands or fathers. Wives and husbands in Africa usually have separate incomes, with clearly defined financial obligations to their children, their spouse, and their spouse’s lineage. Married women generally have the right to
Nancy Hafkin, Edna Bay
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Foreign Affairs, 1997
The great majority of those who voted for Lionel Jospins Socialists in the French elections earlier this year were surely voting against, not for: they were protesting high unemployment and the aloof austerity of Alain Juppe's conservative government, not endorsing the specifics of the opposition's program.
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The great majority of those who voted for Lionel Jospins Socialists in the French elections earlier this year were surely voting against, not for: they were protesting high unemployment and the aloof austerity of Alain Juppe's conservative government, not endorsing the specifics of the opposition's program.
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SMTA International, 2003
ABSTRACT It has been clear for some time that the dominant proportion of the world’s production of electronic goods would be assembled in Asia – particularly in mainland China, as the Republic continues to expand its economic and cultural interaction with the rest of the world.
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ABSTRACT It has been clear for some time that the dominant proportion of the world’s production of electronic goods would be assembled in Asia – particularly in mainland China, as the Republic continues to expand its economic and cultural interaction with the rest of the world.
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Livelihood Capital, Ecological Cognition, and Farmers’ Green Production Behavior
Sustainability, 2022Jianhua Ren, Hongzhen Lei
exaly