Directory UMM :Data Elmu:jurnal:S:Structural Change and Economic Dynamics:Vol11.Issue1-2.Jul2000:
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In a constant-returns-to-scale production system in which each commodity is produced by primary factors alone and is subject to Hicks-neutral technical progress (HNTP), the
(Marshall, 1873, pp. The restrictions Marshall imposes on this very generous principle — which allows economists to use their own experiences and judgement as part of the
In conclusion, this essay maintains that coexistence of equilibrium and out-of-equilibrium analysis is possible, and mentions research and policy areas (such as coordination
Although Albin demonstrates that appropriate qualitative taxonomies of complex systems (like distinguishing among those with stable equilibria, limit cycles, and strange
A thorough exploration of the relevance of the Kuznets cycle hypothesis to southeast Asia, or less developed economies more generally, requires the compila- tion and analysis
As Hendry and Doornik (1997) remark, when the long-run mean is non-zero, breaks shift the location of the data, inducing a short-run ‘trend’ to the new equilibrium mean, which is
As a result, special emphasis has been laid upon the analysis of growth in a wider context, and thus on topics such as technological change, the institutional and bureaucratic
Provision of copepod nauplii as food increases larval survival in many fish species that are difficult to rear using standard practices. Gladioferens imparipes is a temperate