共查询到20条相似文献,搜索用时 46 毫秒
1.
The recent period of intensive and extensive development of global economic integration, or globalization, has reached a crossroads.
The regime of the neoliberal Great Capitalist Restoration is not sustainable and fundamental governance changes must be made.
This paper adds perspective to the choices that must be made at this critical juncture of the global social economy by applying
the master concepts of Schumpeter’s Creative Destruction and Polanyi’s Protective Response.
相似文献
James Ronald StanfieldEmail: |
2.
Darwinism in economics: from analogy to continuity 总被引:2,自引:3,他引:2
Christian Cordes 《Journal of Evolutionary Economics》2006,16(5):529-541
Currently there is an ongoing discussion about how Darwinian concepts should be harnessed to further develop economic theory. Two approaches to this question, Universal Darwinism and the continuity hypothesis, are presented in this paper. It is shown whether abstract principles can be derived from Darwin’s explanatory model of biological evolution that can be applied to cultural evolution. Furthermore, the relation of the ontological basis of biological and cultural evolution is clarified. Some examples illustrate the respective potential of the two approaches to serve as a starting-point for theory development.
相似文献
Christian CordesEmail: |
3.
The power to tax and the power to regulate are often analyzed separately. We argue that, when in the hands of a single authority,
the power to tax may act as a check on the power to regulate, thereby discouraging regulations that adversely affect GDP,
and promoting regulations that enhance GDP. This effect will be stronger the higher are (marginal) taxes. This argument is
used both to suggest an explanation for the observed positive correlation between high taxes and economic freedom, and to
warn against the granting of regulatory but not fiscal powers at the European level.
相似文献
Hartmut KliemtEmail: |
4.
This study examines the impact of a stamp tax rate increase on market behavior, using data from two stock exchanges in China. We find that when the tax rate increases from 0.3 to 0.5% (which implies that the transaction cost increases by about 1/3) trading volume decreases by 1/3. This implies an elasticity of turnover with respect to a stamp tax of −50% and an elasticity of turnover with respect to transaction cost of −100%. The markets’ volatility significantly increases after the increase in the tax rate. Furthermore, the change in the volatility structure indicates that the markets become less efficient in the sense that shocks are less quickly assimilated in the markets.
相似文献
Badi H. Baltagi (Corresponding author)Email: |
Dong LiEmail: |
Qi LiEmail: |
5.
Thierry Aimar 《The Review of Austrian Economics》2009,22(3):199-207
The Austrian School has had a curious destiny: while contributing many concepts to contemporary economic theory, it is either
ignored or criticised by much of modern economic literature. This article discusses possible reasons for this institutional
sidelining and the main futures of a renewal of Austrian thought.
相似文献
Thierry AimarEmail: |
6.
Richard H. Day 《Journal of Evolutionary Economics》2008,18(2):261-273
The natures of rational thought and rational lives are described as the basis of an adaptive economizing theory which presents
an alternative microeconomic foundation contrasting with but complementary to optimal control theory for modeling mesoeconomic
order. Contrastingly, that micro foundation seems to imply the inappropriateness of representing macro data as an optimal
economic agent. Rather, direct representation of the emergent causal order in the macroeconomic data is suggested.
相似文献
Richard H. DayEmail: |
7.
Randall G. Holcombe 《The Review of Austrian Economics》2008,21(4):225-249
Twentieth century economics was dominated by the development and refinement of the concept of economic equilibrium. While
it is worthwhile to understand the properties of economic equilibrium, equilibrium concepts have dominated economic thought
to the point that they have obscured some of the more important issues economists have always strived to understand. At least
since Adam Smith’s time, economists have tried to understand the causes of prosperity, and how economic welfare can be enhanced,
but these issues are best understood outside the equilibrium framework. The foundations provided by the Austrian school point
toward ways that economic analysis can expand beyond the equilibrium framework.
相似文献
Randall G. HolcombeEmail: |
8.
Entrepreneurship and its determinants in a cross-country setting 总被引:3,自引:1,他引:2
The relative stability of differences in entrepreneurial activity across countries suggests that other than economic factors
are at play. The present paper offers some new thoughts about the determinants of entrepreneurial attitudes and activities
by testing the relationship between institutional variables and cross-country differences in the preferences for self-employment
as well as in actual self-employment. Data of the 25 member states of the European Union as well as the US are used. The results
show that country specific (cultural) variables seem to explain the preference for entrepreneurship, but cannot explain actual
entrepreneurship. The present paper also introduces the remaining four papers of the special issue of the Journal of Evolutionary Economics, which center around the theme Entrepreneurship and Culture.
相似文献
Roy Thurik (Corresponding author)Email: |
9.
Export variety and the economic performance of countries 总被引:3,自引:0,他引:3
We explore the relationship between export variety and economic development, using data on OECD countries between 1964 and
2003. We show that structural change in the world economy has a particular arrow of time leading to a growing variety of exports.
Distinguishing between related variety (within sectors) and unrelated variety (variety between sectors), we also show that
related variety stimulates growth instantaneously, while unrelated variety only promotes growth with a considerable time lag.
This finding is in line with the evolutionary notions that economic development and international trade patterns are path
dependent.
相似文献
Koen FrenkenEmail: |
10.
Stuart J. Wilson 《Empirical Economics》2006,31(1):261-275
The links between economic growth, investment and migration are explored to determine if one of the mobile factors of production,
capital or labor, led the other to accumulate in Canada during several boom episodes over 1870 to 1927. The results of an
econometric analysis, using time series techniques, suggest that rising per capita incomes led to increased domestic investment
and net immigration, and that foreigners joined the investment booms after domestic residents invested in Canadian development
first.
相似文献
Stuart J. WilsonEmail: |
11.
In defence of generalized Darwinism 总被引:2,自引:2,他引:0
Howard E. Aldrich Geoffrey M. Hodgson David L. Hull Thorbjørn Knudsen Joel Mokyr Viktor J. Vanberg 《Journal of Evolutionary Economics》2008,18(5):577-596
Darwin himself suggested the idea of generalizing the core Darwinian principles to cover the evolution of social entities.
Also in the nineteenth century, influential social scientists proposed their extension to political society and economic institutions.
Nevertheless, misunderstanding and misrepresentation have hindered the realization of the powerful potential in this longstanding
idea. Some critics confuse generalization with analogy. Others mistakenly presume that generalizing Darwinism necessarily
involves biological reductionism. This essay outlines the types of phenomena to which a generalized Darwinism applies, and
upholds that there is no reason to exclude social or economic entities.
相似文献
Viktor J. VanbergEmail: |
12.
Sjoerd Beugelsdijk 《Journal of Evolutionary Economics》2007,17(2):187-210
In this paper, we empirically study the relationship between entrepreneurial culture and economic growth. Based on a micro
based comparison of entrepreneurs and non-entrepreneurs, we develop a measure reflecting entrepreneurial attitude at the regional
level. We subsequently relate this newly developed variable, ‘entrepreneurial culture,’ to innovativeness and economic growth
in 54 European regions. Extensive robustness analysis suggests that differences in economic growth in Europe can be explained
by differences in entrepreneurial culture, albeit mostly in an indirect way.
相似文献
Sjoerd BeugelsdijkEmail: |
13.
In this paper we compare ways of computing stationarity tests. We show that whereas some of the procedures recommended lead to inconsistency of the tests, it is still possible to compute a test with good properties in finite sample in terms of empirical size and power. The guidance suggested in the paper is illustrated by testing for the purchasing power parity hypothesis in some developed countries.
相似文献
Josep Lluís Carrion-i-SilvestreEmail: Phone: +34-93-4021826Fax: +34-93-4021821 |
14.
Saving government failure theory from itself: recasting political economy from an Austrian perspective 总被引:1,自引:0,他引:1
Peter J. Boettke Christopher J. Coyne Peter T. Leeson 《Constitutional Political Economy》2007,18(2):127-143
The economic approach to politics revolutionized the way scholars in economics and political science approached the study
of political decision-making by introducing the possibility of government failure. However, the persistent and consistent
application of neoclassical models of economics also seemed to suggest that once the full costs were accounted for, this failure
was an illusion. This paper counters these arguments, typically associated with George Stigler, Gary Becker and Donald Wittman,
by focusing on the underlying economic theory. We develop an alternative model of political economy grounded in the Austrian
conception of the dynamic market process.
相似文献
Christopher J. CoyneEmail: |
15.
It is well-known that endogenous cycles can occur in Ramsey models with heterogeneous households and borrowing constraints.
In this note, we address the issue of robustness in the more general case of endogenous labor supply and we explain the occurrence
of local indeterminacy under progressive taxation.
相似文献
Thomas Seegmuller (Corresponding author)Email: |
16.
In the present article the time series of the decomposition of Greek real GDP are investigated for the presence of a unit
root, allowing for a maximum of two breaks which take place at an unknown point in time. This methodology is preferred to
the conventional Dickey and Fuller tests because the covered time horizon, namely from 1858 to 1938, is characterized by a
number of very important events, the nature of which is either economic or historical.
相似文献
Erotokritos VarelasEmail: |
17.
Dilip K. Das 《International Review of Economics》2008,55(4):401-417
A tectonic shift in the global economic prowess became obvious around the turn of the last century. Three decades of macroeconomic
reforms, sustained growth and global integration have turned China into a future economic power of global magnitude, with
unmatched breadth of resources and a robust manufacturing sector. Significance of the Chinese economy has radically increased
and it has traversed from the periphery of the global economy to the core. For all appearances, this progress is likely to
continue in the foreseeable future. China has grown to be the fourth largest economy in the world in a short time span and
the third largest trader. Events like dawning of an economic superpower occur once in several generations. China is endeavoring
to make a new niche for itself in the global economy as well as formulate a new role.
相似文献
Dilip K. DasEmail: |
18.
Persefoni V. Tsaliki 《International Review of Economics》2008,55(4):363-371
A systemic element of prevailing economic growth and development is the massive introduction of machinery into the production
process. The introduction of new technologies became decidedly a debated issue in economic analysis because of the dual character
of technology, which simultaneously creates and destroys employment, advances and deteriorates labor skills. This paper attempts
to introduce the relative issues and to assess the extent to which the introduction of machinery into the labor process improves
human capital or simplifies labor skills and forms a stream of unskillful laborers.
相似文献
Persefoni V. TsalikiEmail: |
19.
The paper investigates the social exclusion process in the European Union (EU), particularly in Luxemburg, addressing both
conceptual and empirical issues. It examines aspects such as: the most appropriate definition of social exclusion for the
case of Luxemburg, the way economic and social disadvantages cumulate within the social exclusion process, and the main determinants
of social exclusion, income poverty and deprivation. To analyze the topics mentioned above, different econometric models have
been applied.
相似文献
Ileana TacheEmail: |
20.
We present a two-sector endogenous growth model with human and physical capital accumulation to analyze the long-run relationship
between population growth and real per capita income growth. Formal education and investment in physical capital are assumed
to be two separate components of human capital production. Along the balanced growth path equilibrium, population change may
have a positive, negative, or else neutral effect on economic growth depending on whether physical and human capital are complementary/substitutes
for each other in the formation of new human capital and on their degree of complementarity.
相似文献
Davide La TorreEmail: |