Directory UMM :Data Elmu:jurnal:S:Structural Change and Economic Dynamics:Vol11.Issue1-2.Jul2000:
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Currently, the process of economic development is at risk because the nature of global institutions for short term capital flows is robbing developing countries of their
(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
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
The addressed forms are, relations among human beings are reduced to relations of equivalents; economic rationality is reduced to rational choice; the category of happiness 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
The proposed new method of HC estimation presented in Section 4 allows, (i) the HC estimation of each economic unit as a latent variable; (ii) the average HC by age; (iii) the
The cornerstone of that framework is the zero - bequest sa 6 ing function which represents the aggregate cross-sectional saving rate that satisfies the zero-bequest
Given the assumed distribution, a larger equilibrium number of firms will correspond to a higher marginal cost of the marginal firm in the industry and to a lower average
