Limitations Of The Ricardian T
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Imf Staff Papers
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Author : International Monetary Fund. Research Dept.
language : en
Publisher: International Monetary Fund
Release Date : 1988-01-01
Imf Staff Papers written by International Monetary Fund. Research Dept. and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1988-01-01 with Business & Economics categories.
A central proposition regarding effects of different mechanisms of fi-nancing public expenditures is that, under specific circumstances, it makes no difference to the level of aggregate demand if the government finances its outlays by debt or taxation. This so-called Ricardian equivalence states that, for a given expenditure path, substitution of debt for taxes does not affect private sector wealth and consumption. This paper provides a model illustrating the implications of Ricardian equivalence, surveys the litera-ture, considers effects of relaxing the basic assumptions, provides a frame-work to study implications of various extensions, and critically reviews recent empirical work on Ricardian equivalence.
The Limitations Of The Ricardian Theory Of Rent
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Author : William R. Camp
language : en
Publisher:
Release Date : 1918
The Limitations Of The Ricardian Theory Of Rent written by William R. Camp and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1918 with Rent categories.
A New Construction Of Ricardian Theory Of International Values
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Author : Yoshinori Shiozawa
language : en
Publisher: Springer
Release Date : 2017-03-30
A New Construction Of Ricardian Theory Of International Values written by Yoshinori Shiozawa and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-03-30 with Business & Economics categories.
This is the first book published in English on the new international value theory, presented by Yoshinori Shiozawa in 2007. Shiozawa submitted a solution to the question on international values since Ricardo by constructing a Ricardo–Sraffa model on trading economies with M countries and N commodities including intermediate inputs (normally M N). The new theory is based on the assumption that prices are determined by production costs, which is the property derived from the classical value theory. The papers collected here deal with the following: introducing readers to the new theory; presenting diagrammatic illustrations of the new theory; analysing efficient patterns of specialization allowing intermediate inputs; examining how the new theory gives a new horizon to the Neo-Ricardian trade theory; investigating competitiveness, the long-period method, and potentiality from the perspectives of the new theory; discussing Mill's conversion toward neoclassical revolution; scrutinizing how the concept of comparative advantage has developed and diverged from Ricardo’s trade theory; discussing the purification of Marshall's value theory through Mill’s influence; reviewing the controversies on international values among Japanese economists; considering the value-added trade based on the Ricardian value theory; and lastly giving a mathematical explanation of the definitions and theorems of the new theory./pp
200 Years Of Ricardian Trade Theory
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Author : Ronald W. Jones
language : en
Publisher: Springer
Release Date : 2017-11-30
200 Years Of Ricardian Trade Theory written by Ronald W. Jones and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-30 with Business & Economics categories.
This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade. Divided into three parts, Part I presents the “birthday boy”, his concept and the many applications and insights that have been derived from it, particularly in modern times. Part II explores in depth important aspects of the Ricardian trade theory through the eyes and experience of leading experts on international trade theory, taking into account the latest research in the field. Lastly, Part III discusses current challenges of globalization in the light of Ricardian trade theory and includes the original "On Foreign Trade" written and published by David Ricardo in 1817.
Savings And Bequests
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Author : Toshiaki Tachibanaki
language : en
Publisher: University of Michigan Press
Release Date : 1994
Savings And Bequests written by Toshiaki Tachibanaki and has been published by University of Michigan Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
How do bequests explain differences in savings behavior between countries?
International Trade
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Author : Nigel Grimwade
language : en
Publisher: Routledge
Release Date : 2003-09-02
International Trade written by Nigel Grimwade and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-02 with Business & Economics categories.
First Published in 1967. Routledge is an imprint of Taylor & Francis, an informa company.
On The Principles Of Political Economy And Taxation
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Author : David Ricardo
language : en
Publisher:
Release Date : 1821
On The Principles Of Political Economy And Taxation written by David Ricardo and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1821 with Economics categories.
The Lexus And The Olive Tree
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Author : Thomas L. Friedman
language : en
Publisher: HarperCollins UK
Release Date : 2000
The Lexus And The Olive Tree written by Thomas L. Friedman and has been published by HarperCollins UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Capitalism categories.
An analysis of globalisation as an international system that today directly or indirectly influences the politics, environment, geopolitics and economics of virtually every country in the world.
A Ricardian Analysis Of The Impact Of Climate Change On African Cropland
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Author : Pradeep Kurukulasuriya
language : en
Publisher: World Bank Publications
Release Date : 2007
A Ricardian Analysis Of The Impact Of Climate Change On African Cropland written by Pradeep Kurukulasuriya and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with categories.
Abstract: This study examines the impact of climate change on cropland in Africa. It is based on a survey of more than 9,000 farmers in 11 countries: Burkina Faso, Cameroon, Egypt, Ethiopia, Ghana, Kenya, Niger, Senegal, South Africa, Zambia, and Zimbabwe. The study uses a Ricardian cross-sectional approach in which net revenue is regressed on climate, water flow, soil, and economic variables. The results show that net revenues fall as precipitation falls or as temperatures warm across all the surveyed farms. In addition to examining all farms together, the study examined dryland and irrigated farms separately. Dryland farms are especially climate sensitive. Irrigated farms have a positive immediate response to warming because they are located in relatively cool parts of Africa. The study also examined some simple climate scenarios to see how Africa would respond to climate change. These uniform scenarios assume that only one aspect of climate changes and the change is uniform across all of Africa. In addition, the study examined three climate change scenarios from Atmospheric Oceanic General Circulation Models. These scenarios predicted changes in climate in each country over time. Not all countries are equally vulnerable to climate change. First, the climate scenarios predict different temperature and precipitation changes in each country. Second, it is also important whether a country is already hot and dry. Third, the extent to which farms are irrigated is also important.
An Inquiry Into The Nature And Causes Of The Wealth Of Nations
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Author : Adam Smith
language : en
Publisher:
Release Date : 1822
An Inquiry Into The Nature And Causes Of The Wealth Of Nations written by Adam Smith and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1822 with Economics categories.