Abstracts - faqs.org

Abstracts

Economics

Search abstracts:
Abstracts » Economics

A note on 'Mr Meade's Relation' and international capital movements

Article Abstract:

James Meade's method of process analysis was used to prove the fundamental Keynesian relation that investment causes saving. The identity link between investment and voluntary saving has been termed 'Mr Meade's Relation'. A more general version of process analysis is used to demonstrate that the structure of underlying processes creates 'Mr Meade's Relation' rather than the mathematical assumption of a fixed marginal propensity to save. The significance of process analysis and this relation for macro-economic methods and policy, is discussed.

Author: Dalziel, Paul C., Harcourt, Geoffrey C.
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 1997
Keynesian economics

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Labour time versus alternative value bases: A research note

Article Abstract:

Empirical support for the law of value is provided, seen as the proposal that embodied labour time is conserved in commodities exchanges. Market prices correlate well with the sum of direct and indirect labour content. When x is some input other than labour time, equally good correlations may be produced by taking the sum of direct and indirect x-content. However the analysis for electricity, iron, steel and oil show that this is not the case.

Author: Paul Cockshott, W., Cottrell, Allin F.
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 1997
Pricing, Work, Work (Labor)

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


A note on participatory decision-making and rationality

Article Abstract:

The issue of institutional choice concerned with the aspect of participatory decision-making structures is discussed. It is stated that participatory decision-making structures boost the productivity of organization and contribute to the group's social capital, as it gives scope for the formation of norms.

Author: Heap, Shaun P. Hargreaves
Publisher: Academic Press Ltd.
Publication Name: Cambridge Journal of Economics
Subject: Economics
ISSN: 0309-166X
Year: 2004
Decision making, Analysis, Evaluation, Industrial productivity, Decision-making (Ethics), Organizational structure, Productivity

User Contributions:

Comment about this article or add new information about this topic:

CAPTCHA


Subjects list: Research
Similar abstracts:
  • Abstracts: Simple rules for the optimal taxation of international capital income. Redistribution and small coalitions of friends
  • Abstracts: Population ageing and intergenerational conflict: a post-Keynesian view. Integrated health care from an economic point of view
  • Abstracts: Extraneous shocks and international linkage of business cycles in a two-country monetary model . Societal benefits of illiquid bonds
  • Abstracts: Information disclosure and voluntary contributions to public goods. Disaggregate wealth and aggregate consumption: an investigation of empirical relationships for the G7
  • Abstracts: Control or invest? Understanding the complex interests of managerial ownership. Innovation in corporate law
This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.
Some parts © 2023 Advameg, Inc.