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Labor share decline and intellectual property products capital

Koh, Dongya; Santaeulàlia-Llopis, Raül; Zhen, Yu - 2018

We study the behavior of the US labor share over the past 70 years. We find that the capitalization of intellectual property products in the national income and product accounts entirely explains - in a purely accounting sense - the observed decline of the US labor share. We assess the...

Persistent link: https://www.econbiz.de/10012144215

Two different sources of inequalities: Profits and rents in advanced market economies

Mihályi, Péter; Szelényi, Iván - 2016

The starting point of our research is Piketty (2014) who follows Marx by asserting that rents are merely one of the forms of profits, therefore they do not require separate conceptual analysis and statistical separation. Speaking of the generation of rents (as a distinctly different mechanism...

Persistent link: https://www.econbiz.de/10011944890

Measuring economic well-being and sustainability: A practical agenda for the present and the future

van de Ven, Peter J. - In: Eurostat Review on National Accounts and Macroeconomic … (2019) 1, pp. 7-41

Gross domestic product (GDP) is the most widely used indicator from the system of national accounts. Although often interpreted as an indicator for (economic) well-being, it first and foremost monitors economic activity, and falls short of reflecting broader measures which try to capture...

Persistent link: https://www.econbiz.de/10015192771

To what extent are African Countries Vulnerable to climate change? Lessons from a new indicator of Physical Vulnerability to Climate Change

Guillaumont, Patrick; Simonet, Catherine - 2011

This paper examines the vulnerability of African countries to climate change, for which they are not responsible. It is based on an index of structural or physical vulnerability to climate change at the country level, denominated below by the acronym PVCCI. This index has been created recently...

Persistent link: https://www.econbiz.de/10014000791

Operationalising social contracts: Towards an index of government deliverables

Loewe, Markus; El-Haddad, Amirah; Zintl, Tina - 2024

The international development debate is increasingly referring to the notion of the "social contract" - often, however, without a clear definition of the term and its implications. We therefore make a suggestion for measuring at least some elements of social contracts in order to make it easier...

Persistent link: https://www.econbiz.de/10014633307

What is Happening with the Government Expenditure of Developing Countries - A Panel Data Study

Shonchoy, Abu - 2010

The paper focuses on the recent pattern of government expenditure for developing countries and estimates the determinants which may have influenced government expenditure. Using a panel data set for 111 developing countries from 1984 to 2004, this study finds evidence that political and...

Persistent link: https://www.econbiz.de/10010301505

Drivers of the change in social welfare

Luptácik, Mikulas; Nežinský, Eduard; Lábaj, Martin - 2015

Recent developments in the political, scientific and economic debate on the topic of the project proposal in Area 2: "The impact of ecological sustainability on growth and employment is investigated, as it will have important repercussions on econonmic policy and welfare, many of them not...

Persistent link: https://www.econbiz.de/10011411076

Sustainable development in the bottom-up approach: Selected aspects

Kuźniak-Król, Elżbieta - In: Economic and Environmental Studies (E&ES) 17 (2017) 4, pp. 849-863

Economy, society, environment and sometimes indicated institutional and political system - on these pillars is based the idea of sustainable development. The necessity for a global balance in these dimensions hinders the multidimensional approach of ideas. These difficulties increase when the...

Persistent link: https://www.econbiz.de/10011984311

Wealth inequality in Latin America

Carranza, Rafael; de Rosa, Mauricio; Flores, Ignacio - 2023

How much wealth has accumulated in the region and how is it distributed across households? Despite being widely recognized for its extreme income inequality, reliable data on wealth is scarce, partial and oftentimes contradictory, making it difficult to an swer these ba sic qu estions. In this...

Persistent link: https://www.econbiz.de/10014563957

Solow residuals without capital stocks

Burda, Michael C.; Severgnini, Battista - 2008

productivity (TFP) growth in economics and management, yet little is known about its precision, especially when the capital stock … quantitative extent of capital measurement error when the initial condition is unknown to the analyst and when capacity utilization … and depreciation are endogenous. We propose two alternative measurements which eliminate capital stocks from the …

Persistent link: https://www.econbiz.de/10010265668