Showing 1 - 10 of 204
The paper reviews and compare a selection of existing and new alternative indicators of Revealed Comparative Advantages, with a special emphasis on trade in intermediate products. The research adopts a statistical approach for both its theoretical and its analytical facets. The formal concepts...
Persistent link: https://www.econbiz.de/10014091275
What is the 99% and why does it exist? In this paper an attempt is made to explain why socio-economic unrest remains a modern problem. An effort has to be made to understand the origins of strife in systemic design of modern economics. Without this knowledge it may not be possible to fix the...
Persistent link: https://www.econbiz.de/10011111415
What is wealth? This paper proposes wealth and poverty are opposite sides of the same coin and to know the source of … answer the question: what is wealth? scarcity, economic strife and poverty would not exist in the world today. Two kinds of … wealth are discussed, aesthetic and technical wealth. Is it possible that contrary to belief, the use of assets and …
Persistent link: https://www.econbiz.de/10008534544
The modern economic theory implemented today is inherently flawed. Unfortunately these flaws are not apparent in contemporary economic theory which is built on the idea that scarcity is an ever present condition; an approach referred to as scarce resource theory (SRT) in operating level...
Persistent link: https://www.econbiz.de/10009203644
which to satisfactorily manage human development. The impact the price of oil has on the global economy is testimony to the …
Persistent link: https://www.econbiz.de/10009228914
This paper looks at some of the fundamental ideas in contemporary economics such as the basic economic problem, opportunity cost and allocation a person is expected to encounter when they are first introduced to economic theory. It attempts to explain how the manner in which these concepts are...
Persistent link: https://www.econbiz.de/10008685377
, price determination and forces of demand and supply in order to illustrate how an EOS model offers greater economic growth …
Persistent link: https://www.econbiz.de/10008685520
With data for Portugal we propose an index of housing comfort based on the Household Budget Survey. This index covers …. Second, using an ordered probit model, we evaluate the determinants of housing comfort in Portugal. The results show …
Persistent link: https://www.econbiz.de/10011111845
The impact on price of current product quality and reputation are estimated using data from the market for Bordeaux … wine. A model is proposed in which price is a function of current quality and expected quality, where the latter depends on … reputation. Equations determining price and expected quality are estimated jointly. The empirical findings show that the price …
Persistent link: https://www.econbiz.de/10005621725
The objective of this paper is to analyze the structure of the flower and ornamental plants sector of Brazil and to verify the perspectives of its insertion in the international traded. The last years have seen efforts towards structuring the market, increasing the species and varieties mix,...
Persistent link: https://www.econbiz.de/10011260530