On December 3, 2024, Michael Hudson met with capital-as-power researchers Jonathan Nitzan, Tim Di Muzio, and Blair Fix to discuss the intersections between their two lines of research. What follows is a transcript of the conversation. A recording of the discussion is available at...

El 3 de diciembre de 2024, Michael Hudson se reunió con los investigadores del capital como poder Jonathan Nitzan, Tim Di Muzio y Blair Fix para discutir las intersecciones entre sus dos líneas de investigación. Lo que sigue es una transcripción de la conversación.

We empirically investigate the economic impact of natural disasters on food prices and production. We address the key issues of data aggregation and counterfactual biases. Our data set consists of regional information on prices and production for fourteen food products in Peru. This granularity...

This study applies the Quadratic Almost Ideal Demand System (QUAIDS) to the Asian Development Bank's Multi-Region Input-Output (MRIO) dataset to estimate global demand and supply elasticities across intermediate vs. final, and domestic vs. foreign sectors. Using pooled data from 2021-2023,...

The global system we inhabit is often described in terms of markets, capital, and labor, but beneath these abstractions lies the deeper question of how coordination produces power and how power organizes coordination. Among the most influential traditions attempting to answer this question are...

The article aims to evaluate the efficiency of quinoa production in Bolivia, identifying factors that influence production variability and the sustainability of the crop. The methodology employed includes a stochastic frontier analysis to measure producers' technical efficiency, as well as the...

The article aims to evaluate the efficiency of quinoa production in Bolivia, identifying factors that influence production variability and the sustainability of the crop. The methodology employed includes a stochastic frontier analysis to measure producers' technical efficiency, as well as the...

In this paper, we estimate a translog production function for Major League Baseball (MLB) teams that uses factor inputs for hitting, pitching and defence over the 1960-2024 MLB seasons. The computed elasticities of substitution suggest that hitting and pitching are used in fixed proportions,...

The wine industry faces distinctive supply chain challenges, including high product variety, export market fragmentation, and seasonal production, all of which contribute to demand uncertainty. Importantly, this uncertainty is not only externally driven but also amplified by tactical and...

This study applies the Quadratic Almost Ideal Demand System (QUAIDS) to the Asian Development Bank's Multi-Region Input-Output (MRIO) dataset to estimate global demand and supply elasticities across intermediate vs. final, and domestic vs. foreign sectors. Using pooled data from 2021-2023,...

We empirically investigate the economic impact of natural disasters on food prices and production. We address the key issues of data aggregation and counterfactual biases. Our data set consists of regional information on prices and production for fourteen food products in Peru. This granularity...

Background: Jute, recognized as the "golden fiber" of Bangladesh, produces a substantial amount of stick left over (waste), a byproduct of the fiber. Usually, unused jute sticks (JS) are thrown away or burned, since they are treated as landfill or unusable waste. Noteworthy research gaps exist...

This article is an introduction to my recent book Marx's Theory of Value in Chapter 1 of Capital: A Critique of Heinrich's Value-Form Interpretation . My book is a detailed textual study of Chapter 1 of Volume 1 of Capital and of Michael Heinrich's value-form interpretation of Chapter 1, as...

Oil and gas revenues have underpinned the Russian economy for decades. As a result, they are an obvious target for sanctions from countries wishing to punish Russia for the annexation of Crimea in 2014 and the invasion of Ukraine in 2022. However, the impact of hydrocarbons from Russia on the...

Im Rahmen der vorliegenden Untersuchung wurde eine umfassende Befragung aller potenziellen Hersteller von Holzstoff und Zellstoff in Deutschland durchgeführt. Ziel war es, detaillierte Informationen zu Produktionskapazitäten, Produktionsvolumen und Rohstoffnutzung für das Bezugsjahr 2021 zu...

Der Einsatz von Daten mit unterschiedlicher Struktur zur Fehleranalyse in der Produktion ist eine große Herausforderung für Industrieunternehmen. Dieser Artikel zeigt einen prototypischen Lösungsweg auf, wie die Integration von unterschiedlich strukturierten Daten zur Fehleranalyse gelingen...

To achieve a highly agile and flexible production, a transformational shift is envisioned whereby industrial production systems evolve to be more decentralized, interconnected, and intelligent. Within this vision, production assets collaborate with each other, exhibiting a high degree of...

Assembly lines are still one of the most used manufacturing systems in modern-day production. Most research affects the building of new lines and, less frequently, the reconfiguration of existing lines. However, the first is insufficient to meet the reconfigurable production paradigm required by...

Food systems are undergoing a number of significant transformations in response to technological, economic, social and environmental changes. Transformations related to increased productivity, specialisation of farming systems, optimisation of resources, automation of farming operations, changes...

Im Rahmen der vorliegenden Untersuchung wurde eine umfassende Befragung aller potenziellen Hersteller von Holzwerkstoffplatten1 in Deutschland durchgeführt. Ziel war es detaillierte Informationen zu Produktionskapazitäten, Produktionsvolumen und Rohstoffnutzung für das Bezugsjahr 2021 zu...

This paper presents a detailed analysis of claims that occurred on Brazilian federal highways, in the years 2020 and 2021, registered by the Federal Highway Police (PRF), segmented by brand, year of manufacture and model, to establish a severity criterion from of these characteristics. To...

Floods are among the most frequent and destructive natural hazards worldwide, yet their economic impacts remain poorly understood. This paper examines the effects of two cyclone-induced floods on firms' economic performance in New Zealand. To identify flood damage, we propose a novel method...

This paper introduces the historical dataset with economic time series of socialist Bulgaria, Czechoslovakia (CSSR), the German Democratic Republic (GDR), Hungary, Poland, Romania, the Soviet Union (USSR) and Yugoslavia from 1944 to 1993 as well as a new dataset on Albania created as part of...

The program to replace fossil fuels powered vehicles with electric vehicles (EVs) is part of the global endeavor to reduce greenhouse gas emissions. In Indonesia, EV adoption is still low. The EV market share is currently 1.47 percent of the 10 percent goal for 2022. Due to the vulnerability of...

Food systems are undergoing a number of significant transformations in response to technological, economic, social and environmental changes. Transformations related to increased productivity, specialisation of farming systems, optimisation of resources, automation of farming operations, changes...

This paper presents a detailed analysis of claims that occurred on Brazilian federal highways, in the years 2020 and 2021, registered by the Federal Highway Police (PRF), segmented by brand, year of manufacture and model, to establish a severity criterion from of these characteristics. To...

The green energy transition and its boost to the deployment of renewable energy can offer a unique opportunity for rural areas to benefit from their natural resources. The present study aims to provide a quantitative assessment of the technical potential of renewable energy sources in the EU's...