Macroeconomic Policy As Implicit Industrial Policy Its Industry And Enterprise Effects

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Macroeconomic Policy As Implicit Industrial Policy Its Industry And Enterprise Effects

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Author : John Randolph Norsworthy
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Macroeconomic Policy As Implicit Industrial Policy Its Industry And Enterprise Effects written by John Randolph Norsworthy and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

Whether they should or not, few economists do in fact refrain from making pronouncements on public policy, although the state of the economy (both here and elsewhere) suggests that either the advice given is bad or, if good, that it is ignored . . . I happen to think that we are appallingly ignorant about many aspects of the working of the economic system -- the economics of the firm and industry. Ronald H Coase, Economists and Public Policy In this volume we attempt to address an element of Coase's concern by linking the empirical economics of the fInn and industry more closely to macroeconomic policies, and to demonstrate how to assess some of the effects of those policies. The scope of our study ranges from a structural macroeconomic model of the United States, from which macroeconomic effects are propagated to detailed structural models of SIC four digit industries. The rationale for our approach is very much in the spirit of various integrated macroeconomic/industry models constructed by Dale Jorgenson, working with various collaborators. Our approach is also consistent with, and motivated by, Lawrence Klein's agenda of modeling explicitly and structurally the macro and sectoral elements in the national economy. We also examine the effects of the macroeconomic policies of different countries on the enterprise. In only one case, our examination of crowding out of private investment by government defIcit fmancing, is the linkage among sectors implicit.

Macroeconomic Policy As Implicit Industrial Policy Its Industry And Enterprise Effects

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Author : John Randolph Norsworthy
language : en
Publisher: Springer
Release Date : 2011-09-01

Macroeconomic Policy As Implicit Industrial Policy Its Industry And Enterprise Effects written by John Randolph Norsworthy and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-09-01 with Business & Economics categories.

Whether they should or not, few economists do in fact refrain from making pronouncements on public policy, although the state of the economy (both here and elsewhere) suggests that either the advice given is bad or, if good, that it is ignored . . . I happen to think that we are appallingly ignorant about many aspects of the working of the economic system -- the economics of the firm and industry. Ronald H Coase, Economists and Public Policy In this volume we attempt to address an element of Coase's concern by linking the empirical economics of the fInn and industry more closely to macroeconomic policies, and to demonstrate how to assess some of the effects of those policies. The scope of our study ranges from a structural macroeconomic model of the United States, from which macroeconomic effects are propagated to detailed structural models of SIC four digit industries. The rationale for our approach is very much in the spirit of various integrated macroeconomic/industry models constructed by Dale Jorgenson, working with various collaborators. Our approach is also consistent with, and motivated by, Lawrence Klein's agenda of modeling explicitly and structurally the macro and sectoral elements in the national economy. We also examine the effects of the macroeconomic policies of different countries on the enterprise. In only one case, our examination of crowding out of private investment by government defIcit fmancing, is the linkage among sectors implicit.

Regulation Under Increasing Competition

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Author : Michael A. Crew
language : en
Publisher: Springer Science & Business Media
Release Date : 1999

Regulation Under Increasing Competition written by Michael A. Crew and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with Business & Economics categories.

This volume brings together practitioners, regulators and economists to examine the important policy and regulatory issues facing the telecommunications and electricity industries. It reviews such topics as competitive entry, stranded costs, pricing and market mechanisms.

Economics Of The U S Commercial Airline Industry Productivity Technology And Deregulation

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Author : Ivan L. Pitt
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06

Economics Of The U S Commercial Airline Industry Productivity Technology And Deregulation written by Ivan L. Pitt and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.

Economics of the U.S. Commercial Airline Industry: Productivity, Technology and Deregulation illustrates the impact of upstream technological change in capital goods (aircraft and aircraft engines) on demand, productivity, and cost reduction in the U.S. airline industry for the years 1970-1992. The aim is to separate supply-side technology push from demand pull in determining investment in aircraft in the US airline industry. The focus of inquiry in this study is at the company level, so the measures are sensitive to company differences such as financial costs, payload, and existing aircraft inventory rather than industry averages. This monograph builds on the new developments in econometric modeling and has a substantial technical component. The quantitative results lead to implications for understanding technology and its impact on the airline industry, as well as for formulating regulatory policy.

Public Credit Rating Agencies

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Author : Susan K Schroeder
language : en
Publisher: Springer
Release Date : 2015-09-09

Public Credit Rating Agencies written by Susan K Schroeder and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-09 with Business & Economics categories.

In the aftermath of the Global Financial Crisis, there have been many criticisms weighed against private credit rating agencies. Many claim they only exacerbate financial market volatility by issuing faulty public statements, ratings warnings, and downgrades. This instability increases the uncertainty in business environments and weakens the pace of business investment. Their rating changes also prompt national governments to reduce their spending at a time when fiscal expenditures are crucial for economic recovery. Public Credit Rating Agencies argues for the creation of national public credit rating agencies, offering the first in-depth discussion of their implied role and function operating alongside private agencies. Schroeder provides an up-to-date overview of the ratings industry and the government bodies that monitor its activities. She suggests that the proper implementation of public credit rating agencies will promote the stability of lending, further development and adaptation of new technology, and increase labor productivity and the profitability of new investment in businesses. Finally, this book clarifies the inconsistencies that have surfaced between public budgeting and a rating agency's evaluation of national budgets.

Review Of Industrial Organization

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Author :
language : en
Publisher:
Release Date : 1998

Review Of Industrial Organization written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with Electronic journals categories.

China S Lessons For India Volume I

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Author : Sangaralingam Ramesh
language : en
Publisher: Springer
Release Date : 2017-09-04

China S Lessons For India Volume I written by Sangaralingam Ramesh and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-09-04 with Business & Economics categories.

This book and its companion volume offer a better understanding of the lessons that Indian policymakers can learn from China’s economic experience over the last 40 years. The aim of the two books together is to evaluate China’s incremental reforms and how these reforms have impacted on the Chinese economy, based on a classical rather than from a neoclassical perspective using a case study method. In this first volume, the author examines India’s emergence from socialism and central planning as being in sharp contrast to China’s experience, and considers how we might compare the institutional difference between the countries. It also covers a theoretical grounding for the comparison of the two largest populated countries in the world, which will be taken up by the second volume.

Aanwinsten Van De Centrale Bibliotheek Queteletfonds

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Author : Bibliothèque centrale (Fonds Quetelet)
language : en
Publisher:
Release Date : 1998

Aanwinsten Van De Centrale Bibliotheek Queteletfonds written by Bibliothèque centrale (Fonds Quetelet) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998 with categories.

Journal Of Policy Modeling

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Author :
language : en
Publisher:
Release Date : 1996

Journal Of Policy Modeling written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with categories.

Industrial Policy Economic Growth And The Competitiveness Of U S Industry

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Author : United States. Congress. Joint Economic Committee
language : en
Publisher:
Release Date : 1983

Industrial Policy Economic Growth And The Competitiveness Of U S Industry written by United States. Congress. Joint Economic Committee and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983 with Competition, International categories.