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We interpret the social identity literature and examine its economic implications. We model a population of agents from two exogenous and well defined social groups. Agents are randomly matched to play a reduced form bargaining game. We show that this struggle for resources drives a conflict...
Persistent link: https://www.econbiz.de/10009018265
In this paper, we examine a series of questions about bilateral trade flows in the light of a rich and up-to-date panel data set. The analyses performed reveal that (1) globalization process has been functioning in a number of ways, (2) functioning of economic regions display alternative results...
Persistent link: https://www.econbiz.de/10009018266
The paper discusses the utilization of social complexity studies to enhance our understanding on many social phenomena. The discussions brings the concept of uncertainty in almost everything of social realms and makes some points related to the empirical findings of the power-law distributions...
Persistent link: https://www.econbiz.de/10009018267
This paper examines the performance of food production and productivity in Tanzania since 2000, in relation to post-SAP policies. This discussion assumes that individual households in Tanzania strive to achieve food security through own production as well as purchases from the market. Meanwhile,...
Persistent link: https://www.econbiz.de/10009018268
Innovation is widely recognised as a key driver of economic growth and competitiveness. But, some works focus especially on analyzing the determinants and the effects of innovation while distinguishing between its various types (product innovation, process innovation, radical innovation and...
Persistent link: https://www.econbiz.de/10009018269
The aim of present is to reinvestigate the effect of defence spending on economic growth using Zivot and Andrews (1992) and Lee and Strazicich, (2003) structural unit root tests and ARDL bounds testing approach to cointegration in augmented version of Keynesian model for Indian economy. Our...
Persistent link: https://www.econbiz.de/10009018271
This paper constitutes the first chapter in my work-in-progress manuscript, Microeconomic Theory: A Heterodox Approach. Because many heterodox feel that the only micro theory is mainstream micro, the paper starts with a brief rejection of mainstream theory. It then proceeds to give an overview...
Persistent link: https://www.econbiz.de/10009018272
This study revisits the relationship between defence spending and economic growth using Keynesian model in Pakistan by applying ARDL bounds testing approach to cointegration for long run and error correction method for short span of time. Empirical evidence suggests a stable cointegration...
Persistent link: https://www.econbiz.de/10009018273
The paper examines the issue of knowledge as a public good, and, therefore, the question of open knowledge. Moreover, it analyses the crucial relationship between knowledge and learning and, more specifically, the relationship between technological knowledge, learning and the environment. Thus...
Persistent link: https://www.econbiz.de/10009018274
This paper investigates the influence of inventories in explaining the magnitude of price transmission. The empirical strategy consists of two distinct steps. First, the flexible non-linear framework of Hamilton is used to investigate the influence of inventories on price transmission. The...
Persistent link: https://www.econbiz.de/10009018275