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Articles 1 - 30 of 57
Full-Text Articles in Economics
Nature, Extent, Causes And Issues In Agricultural Distress, Srijit Mishra
Nature, Extent, Causes And Issues In Agricultural Distress, Srijit Mishra
Srijit Mishra
This paper explains the nature and extent of distress in Indian agriculture by analytically separating the issues therein into two interrelated domains—the agricultural and the agrarian—the former being about production and the latter about distribution; the former about the farm and the latter about the farmer; the former about the inadequacies and inappropriateness of the agricultural developmental programmes, and the latter about the livelihood of the people involved in or dependent upon agrarian activities. In this broader thinking farmers’ suicides and indebtedness become symptoms of a larger malaise. Drawing on our understanding of farmers’ suicides, we show some interrelated demand-side …
Implementing A Real Sdr Currency Board, Warren Coats
Implementing A Real Sdr Currency Board, Warren Coats
Warren Coats
The enormous utility of money is a function of how widely it can be used for pricing and paying for the things we buy and sell and how stable or at least predictable is its value over time. The United States dollar became and remains the world’s common currency for global trade because of the relative size of the American economy, the relative stability of the purchasing power of the dollar, and the extensive development and liquidity of dollar financial instruments. Its use is now well entrenched. As pointed out by Richard Cooper: “It would take both a major shock …
What Role Can An International Financial Centre’S Law Play In The Development Of A Sunrise Industry? The Case Of Hong Kong And Solar Powered Investments, Bryane Michael
Bryane Michael (bryane.michael@stcatz.ox.ac.uk)
How can international financial centres like Hong Kong increase assets under management – and thus their size and ranking? Most policymakers and their advisors wrongly answer this question by focusing on financial institutions, and the law that governs them. Instead, policymakers need to start by looking at actual markets. What new tastes and technologies need funding? How can such funding fit into already existing geographies of production, distribution and finance? In this paper, we show how a focus on funding sunrise industries can help increase assets under management for the financial institutions operating in an international financial centre like Hong …
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Justin Schwartz
Why are most capitalist enterprises of any size organized as authoritarian bureaucracies rather than incorporating genuine employee participation that would give the workers real authority? Even firms with employee participation programs leave virtually all decision-making power in the hands of management. The standard answer is that hierarchy is more economically efficient than any sort of genuine participation, so that participatory firms would be less productive and lose out to more traditional competitors. This answer is indefensible. After surveying the history, legal status, and varieties of employee participation, I examine and reject as question-begging the argument that the rarity of genuine …
Opting For Innovation: Selecting Highly Skilled Workers As A Competitive Strategy In The Jamaican Economy, Patrick Leon Mason
Opting For Innovation: Selecting Highly Skilled Workers As A Competitive Strategy In The Jamaican Economy, Patrick Leon Mason
Patrick L. Mason
This paper empirically examines the relationship between a firm’s financial success and its innovation strategy, that is, how it utilizes or does not utilize professional service workers and researchers. Our empirical analysis uses a survey administered during 2006 to 324 Jamaican business and governmental organizations. We empirically investigate two questions: 1) what factors determine a firm’s innovation strategy; and, 2) which innovation strategies increase the financial success of firms. We find that sets of critical economic factors, alternatively group as market factors, human resource factors, production/service delivery factors, and other factors, are important determinants of the competitive strategy of Jamaican …
Symposium Report: Findings From The Research Roundtable On The Economic And Community Impact Of Broadband, Edward Feser, John Horrigan, William Lehr
Symposium Report: Findings From The Research Roundtable On The Economic And Community Impact Of Broadband, Edward Feser, John Horrigan, William Lehr
Edward J Feser
In December 2012, a group of experts spanning disciplines and practice in the field of broadband policy met to discuss how the research community can better serve state and local policymakers and other stakeholders. This group of subject matter experts was convened to examine how best to measure the economic impact of state and national broadband deployment and capacity/adoption building efforts. The impetus for the symposium stemmed from the widespread view that there is a deficit of research, standards, and measurements to adequately inform the widely acknowledged view that broadband Internet is a driver of sustainable economic and community development. …
Entrepreneurship Education In The Research-Intensive Entrepreneurial University, Edward Feser
Entrepreneurship Education In The Research-Intensive Entrepreneurial University, Edward Feser
Edward J Feser
Knowledge commercialisation and commodification are important components of universities’ “Third Mission” to contribute to the development of their home regions by strengthening their engagement with the public, private, and third sectors. Entrepreneurship education programmes have tended to develop in parallel to such “entrepreneurial university” initiatives, rather than in intentional alignment with them. This is reflected in the research literature as well, where the analysis of the “entrepreneurial university” and studies of entrepreneurship education have little overlap. This paper examines the evolution of the entrepreneurship education initiative of a single research-intensive institution—the University of Manchester in the United Kingdom—and the ways …
Isserman's Impact: Quasi-Experimental Comparison Group Designs In Regional Research, Edward Feser
Isserman's Impact: Quasi-Experimental Comparison Group Designs In Regional Research, Edward Feser
Edward J Feser
Applications using quasi-experimental comparison group designs in regional science and geography have increased substantially over the last three decades, inspired by the work of Andrew Isserman and colleagues in the 1980s and 1990s, robust literatures on quasi-experimental design in fields like education and psychology, a vast program evaluation literature, observational studies methodology in statistics, and the growing interest in experimental and non-experimental (natural) designs in empirical economics. This paper discusses the state of quasi-experimental comparison group research today, with a primary focus on studies in which regions—Census tracts, counties, cities, metropolitan areas, provinces, or states—are the units of analysis. There …
Efficiency And Substitutability Of Transit Subsidies And Other Urban Transport Policies, Leonardo Basso, Hugo E. Silva
Efficiency And Substitutability Of Transit Subsidies And Other Urban Transport Policies, Leonardo Basso, Hugo E. Silva
Hugo E. Silva
This paper analyzes the efficiency and the substitutability between three urban congestion management policies: transit subsidization, car congestion pricing and dedicated bus lanes. The model features user heterogeneity, cross-congestion effects between cars and transit, inter-temporal and total transport demand elasticities, and is simulated using data for London, UK and Santiago, Chile. We find that the substitutability between policies is large and, in particular, the marginal contribution of increased transit subsidies, as other policies are implemented first, diminishes rapidly. Bus lanes are an attractive way to increase frequencies and decrease fares without injecting public funds.
Beyond Nemesis And Salvation: A Reorientation Of The Debate On The Greek Economic Crisis, Nikolaos Tzifakis, Pantelis Sklias
Beyond Nemesis And Salvation: A Reorientation Of The Debate On The Greek Economic Crisis, Nikolaos Tzifakis, Pantelis Sklias
Nikolaos Tzifakis
No abstract provided.
Size, Role And Performance In The Oil And Gas Sector, Robert Mansell, Jennifer Winter, Matt Krzepkowski, Michal C. Moore
Size, Role And Performance In The Oil And Gas Sector, Robert Mansell, Jennifer Winter, Matt Krzepkowski, Michal C. Moore
Matt Krzepkowski
Examines the relative performance of producing firms in Alberta's oil and gas sector
Formułowanie Strategii Rozwoju Województw – Wnioski Z Badań Eksploracyjnych, Piotr Czarnecki, Dariusz Woźniak
Formułowanie Strategii Rozwoju Województw – Wnioski Z Badań Eksploracyjnych, Piotr Czarnecki, Dariusz Woźniak
Dariusz Woźniak
The use of regional analysis tools to diagnose regional economy and to desing regional policy is a subject of presented article. On the basis of own survey (regions of Poland, NUTS2 level) conclusions on the programming process in voivodships are drawn.
Fa’ La Macroeconomia Giusta Le Molte Ragioni Del Libro Di Paul Krugman Fuori Da Questa Crisi, Adesso!, Mario Pianta
Fa’ La Macroeconomia Giusta Le Molte Ragioni Del Libro Di Paul Krugman Fuori Da Questa Crisi, Adesso!, Mario Pianta
Mario Pianta
L’analisi della crisi e le proposte di politica economica avanzate nel nuovo libro di Paul Krugman sono esaminate sul piano delle idee e del ruolo dei governi. Il volume riprende l’approccio di Keynes, arricchito dei contributi di economisti come Fisher, Kalecki e Minsky, e offre un quadro convincente degli aspetti macroeconomici. Si affrontano le questioni della domanda, della politica monetaria e le misure di austerità che hanno aggravato la depressione in Usa ed Europa. L’analisi di Krugman, tuttavia, trascura i problemi dell’apertura internazionale, del sistema produttivo e della distribuzione del reddito. Sono discusse infine le lezioni che si possono trarre …
Industrial And Innovation Policies In The European Union, Mario Pianta, Matteo Lucchese
Industrial And Innovation Policies In The European Union, Mario Pianta, Matteo Lucchese
Mario Pianta
No abstract provided.
Regional Industrial Structure And Agglomeration Economies: An Analysis Of Productivity In Three Manufacturing Industries, Joshua Drucker, Edward Feser
Regional Industrial Structure And Agglomeration Economies: An Analysis Of Productivity In Three Manufacturing Industries, Joshua Drucker, Edward Feser
Edward J Feser
We investigate whether a more concentrated regional industrial structure – the dominance of a few large firms in a given industry in a region – limits agglomeration economies and ultimately diminishes the economic performance of firms in that industry, especially small ones. In an application to three industries using establishment-level production functions and a combination of confidential and publicly available data sources, we find a consistently negative and substantial direct productivity effect associated with regional industrial structure concentration and only mixed and relatively weak evidence that agglomeration economies are a mediating factor in that effect.
Reconsidering The Defense-Growth Relationship: Evidence From The Islalmic Republic Of Iran, Bruce D. Mcdonald Iii
Reconsidering The Defense-Growth Relationship: Evidence From The Islalmic Republic Of Iran, Bruce D. Mcdonald Iii
Bruce D. McDonald, III
Recent literature has failed to reach a consensus on how best to model the defense-growth relationship. Although several attempts have been made to solve the problem by the theoretical comparison of models, empirical attempts of comparison have been largely restricted to the United States. Given the recent criticism of the Feder-Ram model, this paper uses Iranian data to compare the performance of the Feder-Ram and augmented Solow models in the context of a growing, yet heavily militarized, economy. The results indicate that the improved ability of the augmented Solow model to explain economic growth can better account for the effects …
Community Based Research-Vancouver Rent Bank, Nisha Malhotra
Community Based Research-Vancouver Rent Bank, Nisha Malhotra
Nisha Malhotra
As part of UBC’s initiative to facilitate community-based learning, this course gave students the option of participating in a research project that helps a non-profit organization gain better understanding of a specific issue. Whereas most undergraduate economic curricula focus on theory or data analysis, Community-Based Research (CBR) lets students use their theoretical knowledge and analytical skills to help people in their own community
The Oecd And Phases In The International Political Economy, 1961-2011, Judith Clifton, Daniel Díaz-Fuentes
The Oecd And Phases In The International Political Economy, 1961-2011, Judith Clifton, Daniel Díaz-Fuentes
Judith Clifton
In 2011, the OECD turned fifty. To provide a broad foundation for further thinking on this organization, we analyse its evolution over half a century from two perspectives: phases in the international political economy and the literature on IPE. By so doing, we uncover two paradoxes. Firstly, we find that the organization’s evolution closely mirrored major phases in the postwar international political economy until recently. However, the OECD’s long-term dependence on theWest has now become an obstacle to its efforts to adapt to the latest phase, characterised by the rise of non-Western powers. Secondly, we show that, during the OECD’s …
Regulating And Deregulating The Public Utilities 1830–2010, Judith Clifton Dr.
Regulating And Deregulating The Public Utilities 1830–2010, Judith Clifton Dr.
Judith Clifton
History can provide invaluable insights into important issues of the economic and social regulation of utilities, and offer lessons towards future debates. But the history of utility regulation – which speaks of changing, diverse and complex experiences around the world – was, unfortunately, sidelined or marginalised when economists and policymakers enthusiastically embraced the question of how to reform the utilities from the 1970s. This paper provides an overview of the three, overarching, `waves' of utility regulation from the nineteenth century to the present, documenting how, when and why the ways in which the roles of the state, the market and …
From National Monopoly To Multinational Corporation: How Regulation Shaped The Road Towards Telecommunications Internationalisation, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín
From National Monopoly To Multinational Corporation: How Regulation Shaped The Road Towards Telecommunications Internationalisation, Judith Clifton, Daniel Díaz-Fuentes, Francisco Comín
Judith Clifton
One of the consequences of major regulatory reform of the telecommunications sector from the end of the 1970s – particularly, privatisation, liberalisation and deregulation – was the establishment of a new business environment which permitted former national telecommunications monopolies to expand abroad. From the 1990s, a number of these firms, particularly those based in Europe, joined the rankings of the world's leading multinational corporations. Their internationalisation was uneven, however: while some firms internationalised strongly, others ventured abroad much slower. This article explores how the regulatory framework within which telecommunications incumbents evolved over the long-term shaped their subsequent, uneven, paths to …
Capitalismo, Mario Pianta
Apprendimento, Mario Pianta
Innovation Cooperation: Energy Biosciences And Law, Prof. Elizabeth Burleson
Innovation Cooperation: Energy Biosciences And Law, Prof. Elizabeth Burleson
Prof. Elizabeth Burleson
This Article analyzes the development and dissemination of environmentally sound technologies that can address climate change. Climate change poses catastrophic health and security risks on a global scale. Universities, individual innovators, private firms, civil society, governments, and the United Nations can unite in the common goal to address climate change. This Article recommends means by which legal, scientific, engineering, and a host of other public and private actors can bring environmentally sound innovation into widespread use to achieve sustainable development. In particular, universities can facilitate this collaboration by fostering global innovation and diffusion networks.
Cancun Climate Negotiations, Prof. Elizabeth Burleson
Cancun Climate Negotiations, Prof. Elizabeth Burleson
Prof. Elizabeth Burleson
The United Nations Climate Change Conference, held from November 29 to December 11, 2010, in Cancún, Mexico, relaunched the United Nation's multilateral facilitation role.
Patent Examination Policy And The Social Costs Of Examiner Allowance And Rejection Errors, Ron D. Katznelson
Patent Examination Policy And The Social Costs Of Examiner Allowance And Rejection Errors, Ron D. Katznelson
Ron D. Katznelson
No abstract provided.
Ocena Pozycji Konkurencyjnej Regionu W Wybranych Sekcjach Pkd Na Przykładzie Województwa Małopolskiego, Dariusz Woźniak
Ocena Pozycji Konkurencyjnej Regionu W Wybranych Sekcjach Pkd Na Przykładzie Województwa Małopolskiego, Dariusz Woźniak
Dariusz Woźniak
Shift share technique (combination of Esteban-Marquillas and Rigby-Anderson extensions) employed to analyze competitive advantages of Małopolskie region (voivodship) in Poland.
The Political Economy Of Telecoms And Electricity Internationalization In The Single Market, Judith Clifton, Daniel Díaz-Fuentes, Revuelta Julio
The Political Economy Of Telecoms And Electricity Internationalization In The Single Market, Judith Clifton, Daniel Díaz-Fuentes, Revuelta Julio
Judith Clifton
As a consequence of liberalization policies in the European Union (EU), a number of formerly inward-looking incumbents in telecommunications and electricity transformed themselves into some of the world’s leading Multinationals. The relationship between liberalization and incumbent internationalization, however, is contested. Three political economy arguments on this relationship are tested. The first claims that incumbents most exposed to domestic liberalization would internationalise most. The second asserts that incumbents operating where liberalization was restricted could exploit monopolistic rents to finance internationalisation. The third argument claims that a diversity of paths will be adopted by countries and incumbents vis-à-vis liberalization and internationalization. Using …
Evaluating Eu Policies On Public Services: A Citizens' Approach, Judith Clifton, Daniel Díaz-Fuentes
Evaluating Eu Policies On Public Services: A Citizens' Approach, Judith Clifton, Daniel Díaz-Fuentes
Judith Clifton
This article evaluates EU policies on public services – particularly public network services - from the citizens´ point of view. It is first argued that citizens´ perceptions are important because the provision of fundamental services is at stake and because they constitute the infrastructure necessary for social and economic development. Citizens’ “voice” can, therefore, be known, analysed and used in the design of improved policy on public services along with other indicators. Changing EU policy on public services is synthesised and classified into two main phases in section two. Citizen satisfaction with public services as revealed through surveys from 1997 …
Adjustment Costs, Errors In Risk Weights, And Banks' Balance Sheets: The 1988 Basel Accord Revisited, Kevin T. Jacques, Elva Coadari, John Thornton
Adjustment Costs, Errors In Risk Weights, And Banks' Balance Sheets: The 1988 Basel Accord Revisited, Kevin T. Jacques, Elva Coadari, John Thornton
Kevin T Jacques
In the context of a profit-maximization model that recognizes both non-homogeneous adjustment costs and errors in risk weights, this paper examines the question of why different banks exhibited different responses to implementation of the 1988 Accord.
Procyclicality, Bank Lending, And The Macroeconomic Implications Of A Revised Basel Accord, Kevin T. Jacques
Procyclicality, Bank Lending, And The Macroeconomic Implications Of A Revised Basel Accord, Kevin T. Jacques
Kevin T Jacques
No abstract provided.