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Purpose – The paper seeks to develop a research hypothesis: although individual companies deviate, in an average observation equity seems to reflect the value of land, and profits appear to reflect the land rent‐earning capacity of the company's assets. Design/methodology/approach – This...
Persistent link: https://www.econbiz.de/10015007344
A positive interest rate has many impacts on ecology. One of them is the pushing of economic growth. In the present economy, accumulation of capital is an end in itself. According to the “Golden Rule of Accumulation”, the extension rate of the capital stock is equal to the interest rate....
Persistent link: https://www.econbiz.de/10011043684
Purpose – The purpose of this paper is to develop the hypothesis that corporations are a particularly suitable instrument for rent seeking. Benefits are reaped by powerful companies, whereas a great deal of the costs is passed on to weakly organized groups. Design/methodology/approach – The...
Persistent link: https://www.econbiz.de/10014807081
Persistent link: https://www.econbiz.de/10009221621
Ausgehend von einer Darstellung der reproduktionstheoretischen Gleichgewichtsmodelle und der neoklassischen Theorien des Wettbewerbs, der Rente und des Zinses wird argumentiert, daß jedes Wettbewerbsgleichgewicht die Allokationsbedingungen der sogenannten Goldenen Regel der Kapitalakkumulation...
Persistent link: https://www.econbiz.de/10011402039