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specification for wool producers in Australia. Both point estimates and confidence intervals for technical efficiency are reported … dangers of drawing inferences based solely on point estimates. Additionally, they allow identification of wool producers that … twenty-one of the twenty-six wool farms analyzed may be efficient. …
Persistent link: https://www.econbiz.de/10005076575
Putting the theory of price system on the relationship among price, wage, labor time, interest rate and GNP (or GDP … value and interest rate in different conditions and regions, can not certainly benefit price stability, sound public …
Persistent link: https://www.econbiz.de/10005561153
present length of time squeezes down the durable price. The willingness to replace the durable in the future, on the one hand …
Persistent link: https://www.econbiz.de/10005561804
This book focuses on general theory of price. Price, wage, interest rate, GNP and exchange rate, five factors, are very … political life directly, a functional value, price and wage described by a relatively abstract mathematic sum in place of amount … in their country or region and to analyze the relationship of growth and decline among price, wage, interest rate and GNP …
Persistent link: https://www.econbiz.de/10005126369
respond in such a way that the price approaches, in a very short time, the marginal cost. For the remaining stages, but the …, based on higher Cournot's profits than Stackelberg's profits. Keywords: Duopoly, Durable, Price, Profit. …
Persistent link: https://www.econbiz.de/10005135030
Prevailing trade theory is a neglected stepchild of economics. Micro rejects the sole reason for trade’s occurrence. It declares zero profit in equilibrium. Monetary theory and macroeconomics dismiss concerns of trade financing. They assert that money has nothing to do with traded output, but...
Persistent link: https://www.econbiz.de/10005408069
article discusses the valuation of prices, unit price or measuring unit for prices, ligitimacy of exchange control in markets …
Persistent link: https://www.econbiz.de/10005408103
The belief that equality of demand and supply determines price and clears the market is universal. Shockingly, this … indirect trade, money also must be used. Micro says that price is equal to marginal cost, rejecting trade theory’s claim that … trade is gainful. To remove these and other contradictions, price theory must be repaired. Money’s role in market clearing …
Persistent link: https://www.econbiz.de/10005413280
Questo articolo indaga sulla reale portata dell'analisi di Marx, basata in maniera fondamentale sulla propria teoria del valore e del plusvalore. L'idea innovativa dell'articolo consiste nel mostrare come sia possibile capire realmente l'analisi della teoria del valore di Marx, partendo da Marx...
Persistent link: https://www.econbiz.de/10005076659
This paper examines the export performance of Spanish tomatoes in the European Union (EU). The origins and destinations of Spanish tomato exports are examined: Almeria is the main exporting province and Germany the biggest client. The performance of Spain’s North African competitors in the...
Persistent link: https://www.econbiz.de/10005119298