Results 211 to 220 of about 128,549 (259)
Public Capital and Private Productivity [PDF]
This paper uses three different approaches to investigate whether the declining provision of public capital is a major cause of declining labor productivity.
Wim P. M. Vijverberg +2 more
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The Role of Public Capital in Production
The Review of Economics and Statistics, 1992The impact of the stock of public capital on costs of production in the private sector is examined using annual data over the period 1958-89. A translog cost function is estimated and public capital is found to be a significant input. The estimates indicate that public capital has positive marginal product and that private and public capital are ...
Lynde, Catherine, Richmond, James
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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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Capital as a Factor of Production
1987The role played by capital in production has frequently been in dispute: ‘When economists reach agreement on the theory of capital they will shortly reach agreement on everything else’ (Bliss, 1975, p. vii). Disagreements are due as much to divergent definitions, or uses, of the term ‘capital’ as to different views about what should be considered a ...
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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]
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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