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In Volume I of Capital, Marx offers actual data from a Manchester spinning factory describing that business. In Volume II, he offers schemes of reproduction to help understand accumulation of capital while mentioning numbers that actually suggest correlation to the spinning factory data....
Persistent link: https://www.econbiz.de/10011189205
[Part I] This volume focuses on nationality's efficacy in much of world affairs, and on the background and current issues surrounding global crisis. As one of the most famous Marxist revolutionaries, Rosa Luxemburg vigorously promoted her own conceptions, often opposing Lenin, her contemporary....
Persistent link: https://www.econbiz.de/10011193718
This paper provides a theoretical explanation of the accumulation process, which accounts for the developments in the financial markets over the recent past. Specifically, our approach is focused on the presence of correlations between physical and financial investment, and how the latter could...
Persistent link: https://www.econbiz.de/10010318663
Existing empirical studies have focused on determinants of investment. We focus instead on episodes of accelerated capital stock growth that last eight years or longer. We find that episodes are relatively common, even in low growth regions, but more so in middle income and Asian countries....
Persistent link: https://www.econbiz.de/10011788912
The AEL consists of empirical macro studies of the effects of development aid. At the end of 2004 it had reached 97 studies of three families, which we have summarized in one study each using meta-analysis. Studies of the effect on investments show that they rise by 1/3 of the aid – the rest...
Persistent link: https://www.econbiz.de/10005440011
The paper tries to build a framework of the interconnections between income distribution and accumulation for the years after 1980. On the basis of this framework it is argued that it was primarily the weakening of the inducements to invest that improved the attractiveness of financial...
Persistent link: https://www.econbiz.de/10011133467
Persistent link: https://www.econbiz.de/10009275660
The aid effectiveness literature (AEL) consists of empirical macro studies of the effects of development aid. By the end of 2004, it had reached 97 econometric studies of three families, which have been analyzed in one study for each family using meta-analysis. The AEL is an ideal subject for...
Persistent link: https://www.econbiz.de/10005113839
Existing empirical studies have focused on determinants of investment. We focus instead on episodes of accelerated capital stock growth that last eight years or longer. We find that episodes are relatively common, even in low growth regions, but more so in middle income and Asian countries....
Persistent link: https://www.econbiz.de/10011637313
. The reduced growth has a direct or indirect impact on the convergence issue, aid, remittances, labour force growth … shows permanent effects, which are positive only for China. In the poor countries, investment, remittances, savings, tax …
Persistent link: https://www.econbiz.de/10008568146